[Form 4] Roblox Corp Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Durkin Dennis M reported acquisition or exercise transactions in this Form 4 filing.
Roblox Corp director Dennis M. Durkin reported equity compensation in the form of Restricted Stock Units (RSUs). He was granted 2,728 RSUs and an additional 796 RSUs, all at a price of $0.00 per unit.
Each RSU represents a contingent right to receive one share of Roblox Class A common stock. According to the vesting schedule, one third of these RSUs will vest on each of May 20, 2027, May 20, 2028 and May 20, 2029, if he continues as a service provider through those dates. Following these awards, he holds 3,524 RSUs directly and 7,700 Class A shares indirectly through the Dennis and Madeleine Durkin 2017 Family Trust, where he serves as trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Durkin Dennis M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 2,728 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 796 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 2,728 shares (Direct);
Class A Common Stock — 7,700 shares (Indirect, See Footnote)
Footnotes (1)
- 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. 1/3rd of the RSUs shall vest on each of May 20, 2027, May 20, 2028 and May 20, 2029 subject to the Reporting Person continuing as a service provider through each vest date. 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. These shares are held directly by the Dennis and Madeleine Durkin 2017 Family Trust, for which the Reporting Person serves as trustee. The Reporting Person may be deemed to have beneficial ownership over the securities held by the trust.