Roblox (RBLX) director Baszucki granted 5,185 RSUs and converts 1,126 shares to phantom stock
Rhea-AI Filing Summary
Baszucki Gregory reported acquisition or exercise transactions in this Form 4 filing.
Roblox Corp director Gregory Baszucki reported equity compensation and related restructurings. He received 5,185 Restricted Stock Units (RSUs), each representing one Class A share at no cost, with quarterly vesting from August 20, 2026 through February 20, 2027 and a final tranche by May 28, 2027.
On May 27, 2026, 1,126 previously granted RSUs vested but were deferred into phantom stock under a deferred compensation plan, exchanging 1,126 Class A shares for 1,126 phantom stock units payable in a lump sum after separation from service. The filing also reflects substantial indirect holdings through various trusts.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 4,059 shares
Net Buy
7 txns
Insider
Baszucki Gregory
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 5,185 | $0.00 | $0.00 |
| Other | Phantom Stock | 1,126 | $0.00 | $0.00 |
| Other | Class A Common Stock | 1,126 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Phantom Stock — 4,501 shares (Direct);
Class A Common Stock — 5,185 shares (Direct);
Class A Common Stock — 12,011,718 shares (Indirect, See Footnotes)
Footnotes (10)
- F1. In connection with the vesting on May 27, 2026, of Restricted Stock Units ("RSUs") previously granted to the Reporting Person, the Reporting Person's receipt of 1,126 shares of Class A Common Stock was deferred, resulting in the Reporting Person's receipt instead of 1,126 shares of phantom stock pursuant to the Issuer's deferred compensation plan. The Reporting Person is therefore reporting the disposition of 1,126 shares of Class A Common Stock in exchange for an equal number of shares of phantom stock.
- F2. On May 22, 2026, the Reporting Person transferred 9,220 shares of Class A Common Stock previously held directly to the Greg and Christina Baszucki Living Trust dtd 08/18/2006, for which the Reporting Person serves as trustee.
- F3. A portion of these securities are Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- F4. These securities are Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. 1/4th of the RSUs shall vest on each of August 20, 2026, November 20, 2026 and February 20, 2027, and the remaining 1/4th of the RSUs shall vest on the earlier of (i) the day before the annual meeting of stockholders held in 2027 or (ii) May 28, 2027, subject to the Reporting Person continuing as a service provider through each vest date.
- F5. These shares are held of record by the Greg and Christina Baszucki Living Trust dtd 08/18/2006 of which the Reporting Person serves as trustee. The Reporting Person may be deemed to have beneficial ownership of the shares held by the Trust.
- F6. These shares are held directly by the Morningstar Dynasty Trust dtd 11/13/2020 of which Bessemer Trust Company of DE, N.A. serves as trustee. The Reporting Person may be deemed to have beneficial ownership of the shares held by the Trust.
- F7. These shares are held directly by the Crossbow Dynasty Trust dtd 11/13/2020 of which Bessemer Trust Company of DE, N.A. serves as trustee. The Reporting Person may be deemed to have beneficial ownership of the shares held by the Trust.
- F8. These shares are held directly under a Roth IRA account for the Reporting Person (formerly known as the PENSCO Trust Co).
- F9. Each share of phantom stock represents a right to receive one share of Class A Common Stock.
- F10. The phantom stock becomes payable in one lump sum payment upon separation from service.
Key Figures
RSU grant size: 5,185 RSUs
RSU vesting dates: 4 tranches through May 28, 2027
Shares exchanged for phantom stock: 1,126 shares
+4 more
7 metrics
RSU grant size
5,185 RSUs
Each RSU equals one Class A share; granted at $0.00 per share
RSU vesting dates
4 tranches through May 28, 2027
Vests on Aug 20, 2026; Nov 20, 2026; Feb 20, 2027; and before 2027 annual meeting or May 28, 2027
Shares exchanged for phantom stock
1,126 shares
Class A shares exchanged for 1,126 phantom stock units on May 27, 2026
Phantom stock balance
4,501 units
Total phantom stock units following the May 27, 2026 transaction
Restructuring shares
2,252 shares
Total shares involved in J-code restructuring transactions in this filing
Direct Class A holding after RSU grant
5,185 shares
Total direct Class A shares reported following the May 28, 2026 acquisition entry
Living Trust transfer
9,220 shares
Class A shares transferred on May 22, 2026 to the Greg and Christina Baszucki Living Trust
Key Terms
Restricted Stock Units ("RSUs"), phantom stock, deferred compensation plan, beneficial ownership, +1 more
5 terms
Restricted Stock Units ("RSUs") financial
"These securities are Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share..."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
phantom stock financial
"the Reporting Person's receipt instead of 1,126 shares of phantom stock pursuant to the Issuer's deferred compensation plan"
A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.
deferred compensation plan financial
"was deferred, resulting in the Reporting Person's receipt instead of 1,126 shares of phantom stock pursuant to the Issuer's deferred compensation plan"
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
beneficial ownership financial
"The Reporting Person may be deemed to have beneficial ownership of the shares held by the Trust"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
lump sum payment financial
"The phantom stock becomes payable in one lump sum payment upon separation from service"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Roblox (RBLX) director Gregory Baszucki receive in this Form 4 filing?
Gregory Baszucki received 5,185 Restricted Stock Units (RSUs) representing Class A shares at no cost. These RSUs are equity compensation and will vest in four installments between August 20, 2026 and May 28, 2027, assuming he continues as a service provider.
How do Gregory Baszucki’s new Roblox RSUs vest over time?
The 5,185 RSUs vest in four equal 25% tranches. They vest on August 20, 2026, November 20, 2026, February 20, 2027, and the earlier of the day before the 2027 annual meeting or May 28, 2027, subject to continued service.
When will Gregory Baszucki’s Roblox phantom stock units be paid out?
Each phantom stock unit represents one Class A share and becomes payable in a single lump sum. Payment occurs upon Gregory Baszucki’s separation from service, so the value is deferred rather than delivered at the time of the underlying RSU vesting.