The dollar amount is too small to signal material insider concern. Monitor for any larger insider sales or a pattern of CFO selling at elevated prices. The cluster does not warrant a directional trade.
Price Chart
Executive Summary
Two Robinhood insiders — CFO Shiv Verma and Director Baiju Bhatt — sold a combined $826K in open-market sales over a 7-day window. Bhatt also converted derivative securities (non-cash) on the same day as his sale. At $83.9B market cap, the total open-market sales represent ~0.001% of market cap, a trivial amount. The cluster is small in dollar terms and includes a CFO sale at a higher price ($98.84) than Bhatt's ($86.54), suggesting routine portfolio diversification rather than a coordinated bearish signal.
Key Financial Metrics
Key Facts
- CFO Shiv Verma sold 3,984 shares at $98.84 for $394K on 2026-06-15
- Director Baiju Bhatt sold 5,000 shares at $86.54 for $433K on 2026-06-11
- Bhatt also converted 57,898 derivative shares (non-cash, $0 value) on the same day
- Total open-market sales: $826K, or ~0.001% of $83.9B market cap
- No insider purchases in the cluster; net direction is selling
Financial Impact
Open-market sales of $826K represent ~0.001% of market cap — immaterial
Risk Factors
- CFO selling at a high price ($98.84) could precede a peak, but the amount is trivial
- Bhatt's derivative conversion is non-cash and not a bearish signal
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-HOOD-1781559726990 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 14, 2026 17d ago | Insider Cluster | $110.45 $124.25 | ▲ +12.49% | ▲ +10.37% | $115.85 (+4.88%) |
Sep 10, 2026 21d ago | Insider Cluster | $112.57 $119.82 | ▲ +6.44% | ▲ +6.66% | $115.85 (+2.91%) |
Sep 10, 2026 21d ago | Press Release | $112.57 $119.82 | ▼ −6.44% | ▼ −6.66% | $115.85 (−2.91%) |
Sep 4, 2026 28d ago | Insider Cluster | $122.11 $114.33 | ▼ −6.37% | ▼ −5.16% | $115.85 (−5.13%) |
Aug 19, 2026 6w ago | Insider Cluster | $95.77 $108.54 | ▲ +13.33% | ▲ +13.72% | $115.85 (+20.96%) |
Aug 13, 2026 7w ago | Press Release | $99.37 $95.10 | ▼ −4.30% | ▼ −2.33% | $115.85 (+16.58%) |
Aug 3, 2026 8w ago | Press Release | $90.34 $94.52 | ▲ +4.63% | ▲ +2.60% | $115.85 (+28.23%) |
Jul 19, 2026 10w ago | Court Ruling | $99.28 $94.91 | ▼ −4.40% | ▼ −3.98% | $115.85 (+16.69%) |
Jul 8, 2026 12w ago | Insider Cluster | $113.53 $113.45 | ▲ +0.07% | ▲ +0.93% | $115.85 (−2.04%) |
Jul 7, 2026 12w ago | Insider Cluster | $113.53 $113.45 | ▼ −0.07% | ▼ −0.93% | $115.85 (+2.04%) |
US Market Status
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