COIN vs HOOD

Over the past 90 days, both Coinbase and Robinhood have filed zero cybersecurity-related 8-Ks, indicating neither entity has disclosed material cyber incidents to the SEC during this window. Neither company has triggered red-flag 8-K filings, with the exception of Robinhood's single officer departure disclosure, which represents routine executive personnel movement rather than a governance or operational crisis. From a cyber risk perspective, the two firms present similarly quiet profiles in this near-term period, offering no differentiation based on disclosed security events. Robinhood warrants deeper review given the officer departure, as leadership transitions in fintech can signal operational shifts or internal friction that may not be immediately material but bear monitoring. The 90-day snapshot obscures longer-term patterns; reviewing the $49 Reports on each will surface the 12-month context needed to assess whether either company has experienced elevated cyber or governance risk beyond this recent quiet period.