Michael Guthrie Plans Sale of 200,000 RBLX Shares via Goldman Sachs
Rhea-AI Filing Summary
Form 144 filed concerning Roblox Corporation (RBLX). The notice reports an intended sale of 200,000 common shares through Goldman Sachs & Co. LLC on 08/04/2025 with an aggregate market value of $26,140,000. The filing lists 645,032,994 shares outstanding.
The securities were acquired on 02/05/2018 as compensation (stock options) and will be sold via cashless exercise / same-day sale. Recent dispositions by the same person include 50,000 shares on 05/12/2025 (gross proceeds $3,764,500) and 50,000 shares on 06/05/2025 (gross proceeds $4,710,000).
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine insider sale; size is immaterial relative to shares outstanding and unlikely to affect valuation.
The filing shows an insider intends to sell 200,000 shares (~0.031% of the 645,032,994 shares reported outstanding). The sale is being handled by Goldman Sachs and executed as a cashless exercise/same-day sale, indicating standard liquidity management rather than a company or operational development. Prior reported sales in the filing total 100,000 shares in May–June 2025.
TL;DR: Disclosure aligns with Rule 144 procedures; filing includes acquisition and sale method details, with no material adverse information reported.
The form contains required statutory representations and specifies that the shares were acquired as compensation on 02/05/2018. The filer affirms no undisclosed material adverse information. The filing documents recent insider sales and the broker of record (Goldman Sachs & Co. LLC), evidencing routine compliance with reporting obligations.