Robinhood Markets

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2025-12-31 10b5-1 Pre-arranged Plan: No --- Issuer --- Name: Robinhood Markets, Inc. (HOOD) CIK: 0001783879 --- Reporting Owner --- Name: Bhatt Baiju CIK: 0001870914 Role: Director --- Non-Derivative Transactions --- [Transaction #1] Security: Class A Common Stock Date: 2025-12-31 | Code: A (Grant or award) Shares: +110 Shares Owned After: 997 | Ownership: D (Direct) Footnotes: [F1] On December 31, 2025, the Reporting Person was automatically granted 110 shares of Class A Common Stock under the Non-Employee Director Compensation Program of Robinhood Markets, Inc.("Robinhood"), which permits directors to elect to receive payment of quarterly director fees in the form of stock, and Robinhood's 2021 Omnibus Incentive Plan. This grant was made in lieu of cash fees, based on the December 31, 2025 closing price of $113.10 per share of Class A Common Stock, and these shares were fully vested upon grant. [Transaction #2] Security: Class A Common Stock Date: 2026-01-01 | Code: M (Exercise of derivative) Shares: +801 Shares Owned After: 1,798 | Ownership: D (Direct) Footnotes: [F2] Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement. --- Derivative Transactions --- [Transaction #1] Security: Restricted Stock Units Date: 2026-01-01 | Code: M (Exercise of derivative) Shares: -801 | Price: $0.00 Shares Owned After: 1,601 | Ownership: D (Direct) Footnotes: [F2] Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement. [F3] On June 25, 2025, the Reporting Person was granted 3,202 RSUs under Robinhood's 2021 Omnibus Incentive Plan. One-fourth (1/4) of these RSUs vested on October 1, 2025, with the remainder vesting in three (3) equal quarterly installments thereafter (except the final installment will vest no later than the day before Robinhood's 2026 annual meeting of stockholders), in each case subject to the Reporting Person's continued service with Robinhood through the applicable vesting date and subject to accelerated vesting in certain circumstances. [F3] On June 25, 2025, the Reporting Person was granted 3,202 RSUs under Robinhood's 2021 Omnibus Incentive Plan. One-fourth (1/4) of these RSUs vested on October 1, 2025, with the remainder vesting in three (3) equal quarterly installments thereafter (except the final installment will vest no later than the day before Robinhood's 2026 annual meeting of stockholders), in each case subject to the Reporting Person's continued service with Robinhood through the applicable vesting date and subject to accelerated vesting in certain circumstances. --- Footnotes (Complete Index) --- F1: On December 31, 2025, the Reporting Person was automatically granted 110 shares of Class A Common Stock under the Non-Employee Director Compensation Program of Robinhood Markets, Inc.("Robinhood"), which permits directors to elect to receive payment of quarterly director fees in the form of stock, and Robinhood's 2021 Omnibus Incentive Plan. This grant was made in lieu of cash fees, based on the December 31, 2025 closing price of $113.10 per share of Class A Common Stock, and these shares were fully vested upon grant. F2: Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement. F3: On June 25, 2025, the Reporting Person was granted 3,202 RSUs under Robinhood's 2021 Omnibus Incentive Plan. One-fourth (1/4) of these RSUs vested on October 1, 2025, with the remainder vesting in three (3) equal quarterly installments thereafter (except the final installment will vest no later than the day before Robinhood's 2026 annual meeting of stockholders), in each case subject to the Reporting Person's continued service with Robinhood through the applicable vesting date and subject to accelerated vesting in certain circumstances. --- Signature --- /s/ /s/ Matthew Yorkavich, attorney-in- fact for Baiju Bhatt (2026-01-05)