1. Find the change
We save Robinhood’s reported records and the token contract’s share ratio. A saved copy shows what a source said; it is not an independent verification of the issuer.
A guide to the research
How token exposure changes
Your token count can stay the same while the share exposure it represents changes. Here is how to read that change and the evidence behind it.
Tokens and shares are different
A Robinhood Stock Token is a security whose value is linked to a stock or ETF; holding it does not make you the owner of that stock. The shares-per-token ratio converts token units into equivalent stock-price exposure. At a ratio of 1.02, 100 tokens are linked to the value of 102 shares while the token count stays 100. A dividend or split can change that ratio.
A simple dividend example
Before100 tokens
At a ratio of 1, they represent 100 shares of exposure.
Invented dividend$20 ÷ $10
Assume $20 after deductions, reinvested at $10 per share: 2 more shares of exposure.
After102 shares
The same 100 tokens, now at a ratio of 1.02.
This is invented arithmetic. It does not describe an actual dividend or establish a holder payment.
Explore the worked examples →How to read a check
2. Compare the evidence
For a split, we compare the ratio with published terms. For a dividend, we estimate added share exposure from public inputs and explain any difference. A linked date alone does not check an amount.
3. Keep the result
Download a readable investigation with its original records and limitations. RSS follows announced corporate actions, not personal payments or investigation updates.
Coverage varies by event. Dividend reconstructions and the dated rights baseline require reviewed inputs; a complete catalogue scan does not mean every action is economically explained.
What StonkParty helps you answer
- What does this token represent?
- Find its share ratio, rights and reported actions.
- Did its dividend or split change that exposure?
- Compare an observed change with published terms or a public estimate.
- What is still unknown?
- Read the limits alongside the result. Public sources cannot establish custody, your personal entitlement or the issuer’s actual reinvestment execution.
Terms, calculation rules and evidence limits
- Raw token and share exposure
- A raw token is the contract unit. Its multiplier states the economic share exposure represented by that unit. A multiplier of 1.02 means 100 raw tokens represent 102 shares of exposure; it does not make you a shareholder.
- Dividend model assumptions
- Historical token supply is a proxy for dividend-bearing collateral. The selected cutoff, withholding and price inputs are assumptions, not issuer allocation records. Prefunding, ancillary adjustments, execution prices and rounding can change the comparison. A discrepancy identifies a difference from that model.
- Expected range and discrepancy
- A range reflects retained public price inputs, not a probability or confidence interval. Inside the range is consistent; with a point reference, up to 2% difference in the dividend-driven increase is consistent. Up to 5% outside the applicable expectation is close; more is a discrepancy. These research tolerances do not establish an issuer error.
- Announced, adjusted and settled
- A company announcement, Robinhood process date, contract adjustment and holder payment are separate events. An adjustment can occur before processing. Public contract data does not prove completed cash settlement.
- Current, stale and not observed
- Current describes an observation within its stated window. Stale means a retained observation needs an update. Not observed means nothing was found in the covered window; it does not prove absence elsewhere. Unavailable means the check could not be obtained.
- Sources and finality
- A source capture preserves what a provider returned. A company-source match links published terms, not an issuer execution ledger. Block hashes and stated finalized coverage let you inspect contract provenance; unfinalized head observations can still change.
- What additional records would establish
- Actual net allocation, costs and reinvestment executions would resolve economic estimate gaps. Custody requires collateral records; a personal payment requires issuer or account records. Refresh cannot create unpublished evidence.