share_log

Robinhood | S-8: Initial registration statement for securities to be offered to employees pursuant to employee benefit plans

SEC announcement ·  Feb 27 16:49
Summary by Moomoo AI
On February 27, 2024, Robinhood Markets, Inc. filed a Registration Statement on Form S-8 with the Securities and Exchange Commission. This filing is aimed at increasing the number of securities available under the company's 2021 Omnibus Incentive Plan and 2021 Employee Share Purchase Plan. The additional securities are of the same class as those previously registered under Robinhood's earlier Form S-8 filings dated July 29, 2021, February 24, 2022, and February 27, 2023. The new registration incorporates by reference the contents of these previous filings, except where updated or superseded by the new information. Robinhood has also confirmed indemnification agreements with its current directors and executive officers, as well as with Meyer Malka, a director and the Managing Partner of Ribbit Capital. These agreements are in accordance with...Show More
On February 27, 2024, Robinhood Markets, Inc. filed a Registration Statement on Form S-8 with the Securities and Exchange Commission. This filing is aimed at increasing the number of securities available under the company's 2021 Omnibus Incentive Plan and 2021 Employee Share Purchase Plan. The additional securities are of the same class as those previously registered under Robinhood's earlier Form S-8 filings dated July 29, 2021, February 24, 2022, and February 27, 2023. The new registration incorporates by reference the contents of these previous filings, except where updated or superseded by the new information. Robinhood has also confirmed indemnification agreements with its current directors and executive officers, as well as with Meyer Malka, a director and the Managing Partner of Ribbit Capital. These agreements are in accordance with Delaware law and the company's bylaws, ensuring protection against liabilities and advancing legal expenses. The company's Amended and Restated Certificate of Incorporation limits the personal liability of its directors. Robinhood maintains insurance policies covering its directors and officers against losses from claims of breach of duty or other wrongful acts.
Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more