Robinhood Markets, Inc 8-K/A, filed Mar 24, 2026
Robinhood Markets, Inc. (HOOD)
8-K/A
2026-03-24
For: 2026-02-06
View Original
Added on
April 12, 2026
About this 8-K/A
Robinhood Markets, Inc filed this 8-K/A on March 24, 2026, reporting on events of February 6, 2026.
Items reported
- Item 5.02: Director or officer change, or executive pay
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K/A
(Amendment No. 1)
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 6, 2026
(Exact name of registrant as specified in its charter)
(State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||||||||||||
(Address of principal executive offices) (Zip Code)
(844 ) 428-5411
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
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Item 5.02 - Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Principal Financial Officer / Principal Accounting Officer Transition
As previously disclosed in a Current Report on Form 8-K filed on February 10, 2026, the Board of Directors (the “Board”) of Robinhood Markets, Inc. (the “Company”) appointed Shiv Verma to be its Chief Financial Officer (“CFO”), effective as of the close of business on February 6, 2026.
In connection with his assumption of the CFO role, on March 18, 2026, the People and Compensation Committee of the Board determined that Mr. Verma’s base salary will be $600,000 per year and his annual bonus target will be 75% of base salary, and on March 19, 2026, the Board determined that Mr. Verma will receive a promotion grant of restricted stock units with a grant date target value equal to approximately $18 million, with such restricted stock units vesting over a four year period. Mr. Verma is also eligible for benefits consistent with those provided to other similarly situated executive officers.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Robinhood Markets, Inc. | |||||||||||
| Date: | March 24, 2026 | By: | /s/ Vladimir Tenev | ||||||||
| Name: Vladimir Tenev | |||||||||||
| Title: Chief Executive Officer | |||||||||||