Early Access — free while we kick the tires
EdgarHawk

Baiju Bhatt

Director

Director

Latest: Director selling · April 2026

34 filings analyzed · 1 company · Latest 2026-06-15

Companies

Company Buys Sells Direction
Robinhood Markets, Inc. HOOD 0 105 Net selling

Activity

June 2026
medium
Sell
57,898 shares
$5,189,556
Significance 4/10

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).

May 2026
medium
Sell
67,422 shares
$5,082,038
Significance 6/10

Director Baiju Bhatt sells entire 67,422-share HOOD position for $5,082,038.28 via scheduled 10b5-1 plan

Baiju Bhatt executed 3 separate sales totaling 67,422 shares for $5,082,038.28 on 2026-05-20, eliminating his entire equity stake at blended average price $75.38. This transaction is part of a pre-arranged 10b5-1 trading plan adopted on 2025-11-13, meaning it was scheduled rather than discretionary. His prior sales at HOOD on 2026-04-16 recorded 30-day returns ranging from -8.8% to -12.7%, while 90-day returns ranged from -10.2% to -14.1%, indicating a pattern of weakness post-sale at this ticker. Stock currently trades at $73.64, down 52.1% from its 52-week high of $153.86 and off 16.7% over the past 30 days, though fundamentals show revenue of $1,067,000,000.00 and net income of $350,000,000.00 with annual revenue growth of +51.6%.

April 2026
high
Sell
57,261 shares
$4,946,061
Significance 7/10

Director Bhatt Baiju sells 57.3K shares of HOOD for $4.9M; derivative conversion; currently $91.28

Bhatt Baiju executed 5 separate sales totaling 57,261 shares for $4,946,060.80 on 2026-04-16, with a blended average price of $86.38. This filing is flagged as a derivative-conversion transaction—the Table I holdings show zero shares post-transaction, but the insider's actual position resides in derivative securities (Table II), which is not yet populated in the database; therefore this should not be characterized as a full position exit. Regarding timing context: the insider's cross-ticker track record shows 20 prior sells with a 90-day well-timed rate of 100.00% (better), but his prior trades at HOOD specifically have not yet shown measurable 90-day outcomes—most recent same-ticker sales on 2026-03-20 show favorable 30-day returns (24.2%–28.6%), though the 90-day results remain pending. The stock is currently trading at $91.28, down 40.1% from its 52-week high of $152.46 but up 28.8% over the past 30 days from the transaction date. With revenue growth of +51.6% year-over-year and recent quarterly net income of $556,000,000, the company maintains strong operational momentum, though the P/E ratio of 43.06 reflects elevated valuation expectations.

March 2026
high
Sell
67,422 shares
$4,808,528
Significance 6/10

Director Bhatt liquidates entire derivative-conversion stake: 67,422 shares (67.4K) sold for $4,808,527.92 on 2026-03-20 at avg $71.32

Director Baiju Bhatt executed 4 separate sales on 2026-03-20 totaling 67,422 shares for $4,808,527.92 at a blended average price of $71.32, resulting in zero post-transaction Table I holdings. This represents a conversion transaction involving derivative securities; the insider's complete position and context should be evaluated once Table II derivative holdings are populated. The sales occurred at prices ranging from $70.56 to $73.09, above the current price of $69.08 but well below the 52-week high of $152.46. HOOD stock has declined 42.6% over the past 90 days and 9.2% in the past 30 days, and is currently -54.7% from its 52-week peak. Across Bhatt's cross-ticker open-market history, his 20 prior sells have achieved a 100.00% well-timed rate at the 90-day mark (avg 90d return -34.1%), suggesting a consistent pattern of selling into subsequent declines.

February 2026
high
Sell
65,694 shares
$4,749,979
Significance 7/10

Director Baiju Bhatt sold 65.7K shares of HOOD for $4.7M (avg $72.30) on 2026-02-23; now holds zero shares post-transaction.

Director Baiju Bhatt executed four separate sales totaling 65,694 shares for $4,749,979.47 on 2026-02-23, at prices ranging from $71.93 to $74.82. This filing represents a derivative-conversion transaction; the insider's actual position lives in Table II (derivative securities), which is not yet populated in the database, so this should not be characterized as a full-exit of total holdings. At the transaction prices ($72.30 blended average), the stock traded significantly below its 52-week high of $152.46 and has since declined 27.5% over the prior 30 days and 39.5% over 90 days. Bhatt's prior sales at HOOD (5 trades on 2025-11-17) were uniformly well-timed at the 90-day mark, with all five showing negative 90-day returns; his cross-ticker track record shows a 90d well-timed rate of 85.00% across 20 prior sells. The company's fundamentals show strong recent performance (revenue $1.3B, net income $556.0M, annual revenue growth +51.6%, P/E 36.57), providing context for evaluating whether the timing of this sale reflects market conditions rather than deteriorating business quality.

November 2025
high
Sell
418,338 shares
$48,762,400
Significance 6/10

Director Bhatt Baiju sells 418,338 shares of HOOD for $48,762,400.36 across 9 transactions on 2025-11-17

On 2025-11-17, Director Bhatt Baiju executed 9 separate sales totaling 418,338 shares for $48,762,400.36, with a blended average price of $116.56. The filing is flagged as a derivative-conversion transaction; the insider's complete position includes derivative securities not yet reflected in our database, so this should not be read as a full-position liquidation. The timing context is mixed: the stock has declined 13.0% over 30 days but gained 11.2% over 90 days, and the blended sale prices sit between the 52-week high of $152.46 and current price of $118.16. Across his cross-ticker track record, the insider's prior 20 open-market sells showed an average 90-day return of +74.8% (poorly timed on average; stock rose after), though this particular ticker has 5 recent prior sales (including 4 on 2025-11-07) whose outcomes remain unmeasurable.

high
Sell
1,330,000 shares
$170,863,387
Significance 7/10

Director Bhatt Baiju sold 1,330,000 shares of HOOD for $170,863,386.67 in 4 transactions on 2025-11-07

Bhatt executed four separate sales totaling 1,330,000 shares for $170,863,386.67 (blended average $128.47) on 2025-11-07, reducing his holding to zero shares. This filing involves a derivative conversion per the FLAG section; the insider's complete position includes Table II derivative securities not yet populated in the database, so this does not represent a full exit of all holdings. The sales occurred at prices ranging from $127.97 to $130.54, while the current stock price is $135.88, placing the transaction prices 5.5% to 6.1% below current levels. His cross-ticker track record shows 20 prior sells with a 90-day well-timed rate of 14.29%, while same-ticker history at HOOD shows measurable outcomes only on one prior sale (2025-09-10, which returned +16.4% in 30 days), insufficient to establish a pattern at this specific stock.

October 2025
high
Sell
418,338 shares
$55,683,454
Significance 7/10

Director Baiju Bhatt sells 418,338 shares for $55.7M at blended $133.11 on 2025-10-21.

Director Baiju Bhatt executed 4 separate sales totaling 418,338 shares for $55,683,454.15 at a blended average price of $133.11 on 2025-10-21. Post-transaction, he holds zero Form 4 Table I shares, though this filing contains a derivative-conversion transaction and his real position may reside in Table II (derivative securities), which remains unpopulated in our database. At current price of $134.33, the stock has risen 6.4% in the 30 days post-sale and 28.1% over 90 days, suggesting the sale preceded continued appreciation. His cross-ticker track record shows only 37.50% well-timed sells at the 90-day mark with an average 90d return of +53.1%, and at HOOD specifically, his single measurable 90-day outcome (2025-07-24 sale) was +24.9%, indicating prior sales have not been well-timed at this ticker. The stock trades 11.9% below its 52-week high of $152.46 despite strong recent momentum and solid fundamentals (P/E 83.96, $989M revenue, $386M net income, 58.2% annual revenue growth).

September 2025
high
Sell
418,338 shares
$49,959,890
Significance 6/10

Director Bhatt Baiju sold 418.3K HOOD shares at $119.42 on 2025-09-10 for $50.0M; stock now at $115.03

Bhatt Baiju, a Director at Robinhood Markets, sold 418,338 shares at $119.42, realizing approximately $50.0M, leaving the insider with 0 Form 4 Table I shares post-transaction; however, per the DERIVATIVE HOLDINGS FLAG, Table II derivative securities are not yet populated in our database, so the insider's real position may be larger. The sale occurred at a price 2.9% below the 52-week high of $118.50, following a 58.4% 90-day rally and a 5.9% 30-day gain. Among the insider's prior sales at HOOD, only the 2025-06-11 sale has a measurable 90-day outcome, which showed a 59.5% return after the sale—indicating the stock rose substantially afterward, making that sale poorly timed. The current transaction should be monitored as context emerges on whether derivative holdings offset the Table I sale.

August 2025
medium
Sell
418,338 shares
$45,763,123
Significance 5/10

Director Baiju Bhatt sells 418,338 HOOD shares at $109.39 for $45.8M; derivative conversion trade, not full exit.

Baiju Bhatt, Director of Robinhood Markets, sold 418,338 shares at $109.39 on 2025-08-14 for $45,763,123.33. This filing is flagged as a derivative-conversion transaction where the insider's true position resides in Table II (derivative securities); the Form 4 Table I reflects only a specific batch conversion and should not be interpreted as a complete exit. At the time of sale, HOOD was trading below its current price of $115.02 and its 52-week high (also $115.02), having appreciated 4.8% in the prior 30 days and 77.2% over 90 days. Bhatt's same-ticker history shows 0 of 1 prior measured 90-day sells were well-timed at HOOD (one prior sale yielded +78.4% post-sale return, indicating poorly-timed selling). His cross-ticker track record across 20 prior open-market sales spans +12.3% 30-day average and +47.3% 90-day average returns, with a 50.00% well-timed rate. The context suggests a derivative conversion event tied to execution logistics rather than discretionary market timing.

Related insiders

Create a free account

Build watchlists, get email alerts on the tickers you follow, and read the full AI analysis on every insider filing.

Sign up — free during early access