RBLX Form 144 Details: 59,229 Shares Sold Recently, 6,000 Proposed Sale
Rhea-AI Filing Summary
Roblox Corporation (RBLX) Form 144 summary: This filing notifies a proposed sale of 6,000 common shares to be executed through Charles Schwab on 08/21/2025 with an aggregate market value of $701,040.00. The shares were acquired on 11/20/2023 via a restricted stock lapse from Roblox Corp and were paid as equity compensation. The filing reports total shares outstanding of 645,032,994. The filer, identified through multiple recent sales by Matthew D Kaufman, sold a cumulative 59,229 shares in the past three months for gross proceeds of $6,182,639.00 across seven transactions dated from 05/20/2025 to 08/20/2025. The filing includes a signer representation that no undisclosed material adverse information exists.
Positive
- Clear disclosure of acquisition origin: shares acquired via restricted stock lapse (11/20/2023).
- Comprehensive reporting of recent insider sales including dates, quantities, and gross proceeds, aiding transparency.
Negative
- Substantial insider sales in the past three months: a total of 59,229 shares sold for $6,182,639.00 could be viewed negatively by some investors.
- No 10b5-1 plan date or explanation provided in the filing fields, so the timing context for sales is not documented here.
Insights
TL;DR: Insider sale disclosed; documentation of restricted-stock origin and signed certification improves transparency.
The filing clearly documents that the proposed sale of 6,000 shares arises from a restricted stock lapse dated 11/20/2023 and that payment was through equity compensation. The filer includes multiple recent dispositions totaling 59,229 shares, with full gross proceeds reported. From a governance perspective, timely Form 144 disclosure and the signers representation regarding material nonpublic information satisfy standard compliance expectations. The filing does not include any statements about plans, intent, or reasons for sale beyond the required certifications, and it does not disclose any material nonpublic operational information.
TL;DR: Significant insider sales reported over the past three months; impact on share supply is measurable but not quantified here.
The document lists seven recent sales by Matthew D Kaufman totalling 59,229 shares for $6,182,639.00 in gross proceeds and shows a new proposed sale of 6,000 shares. For investors, the filing provides concrete transaction dates, amounts, and proceeds, enabling analysis of insider liquidity. The filing does not provide context such as holding percentages or any change in ownership stakes, so valuation impact must be assessed with additional ownership data. No regulatory exceptions or 10b5-1 plan adoption details are included in the form fields provided.