UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Emerging growth company
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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.
Director Resignation
On May 12, 2022, Scott Sandell notified Robinhood Markets, Inc. (the “Company”) of his resignation as a member of the Company’s Board of Directors (the “Board”), effective that same day. Mr. Sandell’s resignation was not the result of any disagreement between Mr. Sandell and the Company on any matter relating to the Company’s operations, policies, or practices.
Effective as of Mr. Sandell’s resignation, the Board appointed Frances Frei as chair of the People and Compensation Committee and reduced the size of the Board from nine to eight directors.
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: May 16, 2022 | By: | /s/ Jason Warnick | ||
| Name: Jason Warnick | ||||
| Title: Chief Financial Officer | ||||
Document and Entity Information |
May 12, 2022 |
|---|---|
| Cover [Abstract] | |
| Amendment Flag | false |
| Entity Central Index Key | 0001783879 |
| Document Type | 8-K |
| Document Period End Date | May 12, 2022 |
| Entity Registrant Name | Robinhood Markets, Inc. |
| Entity Incorporation State Country Code | DE |
| Entity File Number | 001-40691 |
| Entity Tax Identification Number | 46-4364776 |
| Entity Address, Address Line One | 85 Willow Road |
| Entity Address, City or Town | Menlo Park |
| Entity Address, State or Province | CA |
| Entity Address, Postal Zip Code | 94025 |
| City Area Code | (844) |
| Local Phone Number | 428-5411 |
| Written Communications | false |
| Soliciting Material | false |
| Pre Commencement Tender Offer | false |
| Pre Commencement Issuer Tender Offer | false |
| Security 12b Title | Class A Common Stock, $0.0001 par value per share |
| Trading Symbol | HOOD |
| Security Exchange Name | NASDAQ |
| Entity Emerging Growth Company | false |