Robinhood Markets, Inc. filed a Form 4 on October 29, 2026, disclosing a sale of 189 Common Shares of Beneficial Interest in Robinhood Ventures Fund I (RVI) on October 27, 2026.

Key Highlights

  • Reporting person: Robinhood Markets, Inc., identified as a 10% owner of Robinhood Ventures Fund I.
  • Transaction: 189 Common Shares of Beneficial Interest disposed of (sold), transaction code S, on October 27, 2026.
  • Sale price: $25 per share, according to the filing.
  • Remaining beneficial ownership: 12,921,815 Common Shares of Beneficial Interest held directly following the transaction.
  • Stock split note: The filing states that the total shares held reflects a stock split effective immediately before completion of the initial public offering, under which each share outstanding as of March 5, 2026 was classified into 1.0239 shares of beneficial interest.
  • 10b5-1 plan: The filing indicates the transaction was made pursuant to a contract, instruction, or written plan satisfying the affirmative defense conditions of Rule 10b5-1(c).

Robinhood Markets Discloses Small Share Disposal in Robinhood Ventures Fund I

According to the Form 4 filed with the SEC on October 29, 2026, Robinhood Markets, Inc., with a listed address of 85 Willow Road, Menlo Park, California 94025, reported a sale of 189 Common Shares of Beneficial Interest in Robinhood Ventures Fund I, ticker RVI, at a price of $25 per share. The transaction occurred on October 27, 2026, and carried transaction code S, indicating a sale. The filing was signed by Manan Shah, identified as Treasurer, on behalf of Robinhood Markets, Inc.

Following the reported transaction, Robinhood Markets, Inc. disclosed direct beneficial ownership of 12,921,815 Common Shares of Beneficial Interest. The filing includes a footnote explaining that the total share count reflects a stock split that became effective immediately before the completion of the initial public offering, resulting in each share outstanding as of March 5, 2026 being classified into 1.0239 shares of beneficial interest.

The filing indicates that the transaction was executed pursuant to a Rule 10b5-1(c) plan, as noted by the checked box on the form. No derivative securities transactions were reported in Table II of the filing.

What Was Disclosed

Robinhood Markets, Inc. disclosed the sale of 189 Common Shares of Beneficial Interest in Robinhood Ventures Fund I at $25 per share on October 27, 2026, leaving the reporting person with direct beneficial ownership of 12,921,815 shares following the transaction.