The insider selling is routine in scale and pattern — no material signal. Monitor for any acceleration in selling volume or C-suite open-market sales exceeding $1M+ to indicate a shift.
Price Chart
Executive Summary
A cluster of insider selling at Robinhood over the past week is dominated by Director Baiju Bhatt's open-market sales totaling ~$4.96M, alongside smaller sales by another director and the CFO. The total open-market selling of ~$5.2M is modest relative to Robinhood's ~$100B+ market cap (under 0.01%), making this a routine, non-informative pattern.
Key Financial Metrics
Key Facts
- Director Baiju Bhatt sold ~43,373 shares via open-market sales totaling ~$4.96M on 2026-09-10, alongside derivative conversions of 86,746 shares at $0.
- Director Treseder Oluwadara Johnson sold 1,900 shares for ~$234K on 2026-09-08.
- CFO Shiv Verma sold 300 shares for ~$32K on 2026-09-15.
- Total open-market selling of ~$5.2M represents less than 0.01% of Robinhood's market cap.
- Bhatt's sales are part of a larger derivative conversion/exercise pattern, not purely opportunistic selling.
Financial Impact
Total open-market insider selling of ~$5.2M, negligible relative to company size.
Risk Factors
- Insider selling could accelerate if the stock continues to rally, but current levels are not alarming.
- No evidence of 10b5-1 plans, but the small dollar amounts suggest liquidity-driven sales.
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-HOOD-1789709589998 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 23, 2026 4d ago | Court Ruling | $93.49 | awaiting T+1 | — | $95.82 (+2.50%) |
Oct 12, 2026 15d ago | Institutional Cluster | $109.22 $110.52 | ▲ +1.19% | ▲ +1.20% | $95.82 (−12.27%) |
Oct 1, 2026 25d ago | Press Release | $112.74 $114.11 | ▲ +1.22% | ▲ +0.54% | $95.82 (−15.01%) |
Sep 24, 2026 4w ago | Insider Cluster | $119.40 $116.46 | ▼ −2.46% | ▼ −1.72% | $95.82 (−19.75%) |
Sep 23, 2026 4w ago | Insider Cluster | $122.70 $120.82 | ▲ +1.53% | ▲ +1.45% | $95.82 (+21.91%) |
Sep 17, 2026 5w ago | Insider Cluster | $119.82 $123.30 | ▲ +2.90% | ▲ +1.35% | $95.82 (−20.03%) |
Sep 14, 2026 6w ago | Insider Cluster | $110.45 $104.42 | ▼ −5.46% | ▼ −5.02% | $95.82 (−13.25%) |
Sep 10, 2026 6w ago | Insider Cluster | $112.57 $114.33 | ▲ +1.56% | ▲ +2.01% | $95.82 (−14.88%) |
Sep 10, 2026 6w ago | Press Release | $112.57 $114.33 | ▼ −1.56% | ▼ −2.01% | $95.82 (+14.88%) |
Sep 4, 2026 7w ago | Insider Cluster | $117.34 $115.28 | ▼ −1.76% | ▼ −1.29% | $95.82 (−18.34%) |
US Market Status
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