HOOD Robinhood Markets, Inc. - 8-K/A

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.