Robinhood (NASDAQ: HOOD) director receives 283 deferred stock shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Payne Christopher D reported acquisition or exercise transactions in this Form 4 filing.
Robinhood Markets director Christopher D. Payne was automatically granted 283 shares of Class A Common Stock on March 31, 2026. The award was made under Robinhood’s Non-Employee Director Compensation Program and 2021 Omnibus Incentive Plan in lieu of cash director fees, based on a closing price of $69.30 per share. These shares were fully vested at grant, but delivery is deferred until the earliest of January 1, 2035, his death or disability, or a change in control of Robinhood. Following this grant, Payne directly holds 293 shares and indirectly holds 26,500 shares through a trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Payne Christopher D
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 283 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 293 shares (Direct);
Class A Common Stock — 26,500 shares (Indirect, By Trust)
Footnotes (1)
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Key Figures
Director stock grant: 283 shares
Reference share price: $69.30 per share
Direct holdings after grant: 293 shares
+2 more
5 metrics
Director stock grant
283 shares
Automatic grant on March 31, 2026 in lieu of cash fees
Reference share price
$69.30 per share
March 31, 2026 closing price used to calculate grant
Direct holdings after grant
293 shares
Class A Common Stock directly held by Christopher D. Payne
Indirect holdings via trust
26,500 shares
Class A Common Stock held indirectly by trust
Latest delivery date
January 1, 2035
Latest scheduled date for delivery of deferred vested shares
Key Terms
Non-Employee Director Compensation Program, 2021 Omnibus Incentive Plan, Class A Common Stock, deferral election, +1 more
5 terms
Non-Employee Director Compensation Program financial
"was automatically granted 283 shares of Class A Common Stock under the Non-Employee Director Compensation Program of Robinhood Markets, Inc."
2021 Omnibus Incentive Plan financial
"and Robinhood's 2021 Omnibus Incentive Plan."
Class A Common Stock financial
"283 shares of Class A Common Stock under the Non-Employee Director Compensation Program"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
deferral election financial
"Pursuant to a deferral election, vested shares will be delivered to the Reporting Person upon the earliest to occur"
change in control financial
"or (3) a change in control of Robinhood."
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.