{"schema_version":"secwatch.filing_event.v1","accession":"0001783879-25-000035","form_type":"8-K","ticker":"HOOD","cik":"0001783879","company_name":"Robinhood Markets, Inc.","filed_at":"2025-01-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.841197+00:00","generated_at":"2026-05-27T04:46:55.217014+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"other","sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"confidence":"high","headline":"Robinhood releases Q4 2024 order routing reports per SEC Rule 606(a)","bullets":["Reports detail order routing percentages and payment for order flow (PFOF) for Robinhood Financial and Robinhood Securities.","Citadel Securities, Virtu Americas, and Jane Street Capital received the largest shares of S&P 500 and non-S&P order flow.","PFOF amounts per venue are disclosed; 80% of routing revenue from RHS is passed to RHF under a cost allocation agreement.","Reports exclude certain order types (fractional shares, 24-hour market, recurring investment) and are unaudited.","No consolidated financial results or guidance changes were included in the filing."],"urls":{"canonical":"https://secwatch.observer/filing/0001783879-25-000035","json":"https://secwatch.observer/filing/0001783879-25-000035.json","markdown":"https://secwatch.observer/filing/0001783879-25-000035.md","text":"https://secwatch.observer/filing/0001783879-25-000035.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1783879/000178387925000035/0001783879-25-000035-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1783879/000178387925000035/hood-20250131.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T04:46:55.217014+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}