secwatch.observer — SEC 8-K summary
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Issuer:     Robinhood Markets, Inc. (HOOD)
CIK:        0001783879
Form:       8-K
Filed at:   2022-03-23T23:59:59+00:00
Accession:  0001193125-22-082757
Event type: leadership
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Robinhood appoints Micky Malka to Board of Directors, effective March 23, 2022
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- Micky Malka, founder and managing director of Ribbit Capital, joins as independent Class II director.
- Board size increased from eight to nine; Malka appointed to Safety, Regulatory and Risk Committee.
- Ribbit Capital beneficially owned ~7.0% of Class A shares and held ~2.6% voting power as of Dec 31, 2021.
- Ribbit previously invested $501.6M in Robinhood convertible notes that converted at $26.60 per share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1783879/000119312522082757/0001193125-22-082757-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1783879/000119312522082757/d295362d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-082757

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer