{"schema_version":"secwatch.filing_event.v1","accession":"0001783879-26-000074","form_type":"8-K","ticker":"HOOD","cik":"0001783879","company_name":"Robinhood Markets, Inc.","filed_at":"2026-06-23T10:04:43+00:00","discovered_at":"2026-06-23T10:10:00.209740+00:00","generated_at":"2026-06-23T10:10:32.910962+00:00","sec_items":["8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Robinhood prices $2B zero-coupon convertible notes due 2029; ~$290M for share buybacks","bullets":["Priced $2.0B aggregate principal of 0.00% convertible senior notes due Oct 1, 2029; initial purchasers have $200M greenshoe option.","Initial conversion price of $174.42/share (~65% premium over last sale); capped call cap price $237.85/share (~125% premium).","Net proceeds ~$1,971.8M; uses: ~$290M concurrent share repurchase, $112M for capped call costs, remainder general corporate.","Notes convertible upon specified conditions; redeemable after July 1, 2028 if stock >=120% of conversion price for 20 of 30 trading days.","Offering expected to close June 25, 2026; capped calls reduce dilution on conversion up to the cap price."],"urls":{"canonical":"https://secwatch.observer/filing/0001783879-26-000074","json":"https://secwatch.observer/filing/0001783879-26-000074.json","markdown":"https://secwatch.observer/filing/0001783879-26-000074.md","text":"https://secwatch.observer/filing/0001783879-26-000074.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1783879/000178387926000074/0001783879-26-000074-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1783879/000178387926000074/hood-20260622.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-23T10:10:32.910962+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"}