Baiju Bhatt sells 57,898 shares for $5,189,555.74 under scheduled 10b5-1 plan; derivative holdings of 46,948,479 shares remain.
Director Baiju Bhatt executed 8 separate sales totaling 57,898 shares for $5,189,555.74 on 2026-06-11 at prices ranging from $86.54 to $93.21, with a blended average of $89.63. The filing discloses this transaction was conducted under a pre-arranged 10b5-1 trading plan adopted on 2025-11-13, meaning the sales were scheduled and non-discretionary. Bhatt's non-derivative holdings fell to zero, but he retains substantial derivative exposure through 46,948,479 Class B Common Stock shares held by a living trust. His cross-ticker sell history shows negative 90-day average returns of -17.3%, though recent same-ticker sales at HOOD on 2026-05-20 and 2026-04-16 have mixed measurable 30-day outcomes (ranging from -11.8% to no outcome yet available).