{"schema_version":"secwatch.filing_event.v1","accession":"0001783879-26-000071","form_type":"8-K","ticker":"HOOD","cik":"0001783879","company_name":"Robinhood Markets, Inc.","filed_at":"2026-06-16T10:00:44+00:00","discovered_at":"2026-06-16T10:05:00.310514+00:00","generated_at":"2026-06-16T10:05:36.683953+00:00","sec_items":["2.05"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Robinhood cuts ~10% of workforce; expects $20M severance & $8M SBC charges","bullets":["Workforce reduction involves approximately 10% of full-time employees and closure of open roles.","Estimated charges: $20M cash for severance/benefits; $8M for share-based compensation in Q2 2026.","Company cites position of strength with record June month-to-date average daily trading volumes across equities, options, and prediction markets.","Actions aimed at maintaining high performance culture, accelerating product velocity, and remaining lean.","Accrual to be recognized in Q2 2026; additional material changes will be disclosed via amendment."],"urls":{"canonical":"https://secwatch.observer/filing/0001783879-26-000071","json":"https://secwatch.observer/filing/0001783879-26-000071.json","markdown":"https://secwatch.observer/filing/0001783879-26-000071.md","text":"https://secwatch.observer/filing/0001783879-26-000071.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1783879/000178387926000071/0001783879-26-000071-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1783879/000178387926000071/hood-20260616.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T10:05:36.683953+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":[{"claim_id":"9e6f7f0cd5d9238164f507a6f425c9e23bbbe2ac","claim":"Robinhood Markets, Inc. announced a restructuring with charges of approximately $20 million related to employee severance and benefits costs as well as approximately $8 million related to share-based compensation (approximately 10% of the Company's full-time employees).","evidence_excerpt":"The Company estimates that it will incur cash restructuring and related charges comprising approximately $20 million related to employee severance and benefits costs as well as approximately $8 million related to share-based compensation.","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1783879/000178387926000071/0001783879-26-000071-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"approximately $20 million related to employee severance and benefits costs as well as approximately $8 million related to share-based compensation"},{"label":"Headcount","value":"approximately 10% of the Company's full-time employees"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}