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Roblox (RBLX) CEO Baszucki receives major PSU and RSU equity grants

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Baszucki David reported acquisition or exercise transactions in this Form 4 filing.

Roblox Corp reported that President & CEO David Baszucki received equity awards. He was granted 613,822 performance stock units, each representing a contingent right to one share of Class A common stock, and 102,303 Class A shares in the form of restricted stock units at no cash cost.

The performance stock units vest only if Roblox meets specified Bookings, Covenant Adjusted EBITDA margin, and relative total shareholder return targets over a two-year period from January 1, 2026 to December 31, 2027, with vesting after performance is certified. The RSUs are scheduled to vest in 12 installments beginning May 20, 2026, as long as Baszucki continues as a service provider. A separate indirect holding of 806,254 Class A shares is held by The Freedom Revocable Trust, for which he serves as trustee.

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Baszucki David

(Last) (First) (Middle)
C/O ROBLOX CORPORATION
3150 S. DELAWARE ST.

(Street)
SAN MATEO CA 94403

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Roblox Corp [ RBLX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
X Officer (give title below) Other (specify below)
President & CEO
3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 03/01/2026 A 102,303(1) A $0 902,842(2) D
Class A Common Stock 806,254 I See Footnote(3)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Performance Stock Unit (4) 03/01/2026 A 613,822(5) (6) (6) Class A Common Stock 613,822(5) $0 613,822 D
Explanation of Responses:
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. 1/12th of the RSUs shall vest on May 20, 2026 and 1/12th of the RSUs shall vest quarterly thereafter, subject to the Reporting Person continuing as a service provider through each such date.
2. A portion of these securities are RSUs. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
3. These shares are held directly by The Freedom Revocable Trust dated February 28, 2017 as amended, and for which the Reporting Person serves as trustee.
4. Each performance stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.
5. Represents that maximum number of shares of Class A Common Stock which may be issued under this award.
6. The vesting of the performance stock units ("PSUs") is subject to satisfying performance-based requirements, including the achievement of certain Bookings and Covenant Adjusted EBITDA margin targets by the Issuer for two successive one-year periods beginning January 1, 2026 and a relative total shareholder return target by the Issuer during a two-year performance period from January 1, 2026 and December 31, 2027. Subject to continued service by the Reporting Person on the vesting date, 100% of the PSUs eligible to vest based on performance will vest following certification of performance results by our Leadership Development and Compensation Committee after the end of the two-year performance period on December 31, 2027.
Remarks:
/s/ Mark Reinstra Attorney-in-Fact for David Baszucki 03/03/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What equity awards did Roblox (RBLX) CEO David Baszucki receive in this Form 4?

David Baszucki received 613,822 performance stock units and 102,303 restricted stock units, each tied to Class A common stock. These awards were granted at no cash cost and form part of his equity compensation package, subject to service and performance-based vesting.

How do the new performance stock units for Roblox (RBLX) CEO vest?

The performance stock units vest only if Roblox meets specific Bookings, Covenant Adjusted EBITDA margin, and relative total shareholder return targets. The performance period runs from January 1, 2026 to December 31, 2027, with eligible units vesting after performance certification by the compensation committee.

What is the vesting schedule for David Baszucki’s new RSUs at Roblox (RBLX)?

The restricted stock units vest over three years, with 1/12 vesting on May 20, 2026 and 1/12 vesting quarterly thereafter. Vesting depends on David Baszucki continuing as a service provider through each vesting date, aligning his incentives with ongoing service to Roblox.

Are David Baszucki’s Roblox (RBLX) equity awards open-market purchases or compensation grants?

These are compensation grants, not open-market purchases. The Form 4 uses code “A” for grant or award acquisitions, with a reported price of $0.00 per share, indicating they were issued as part of his compensation rather than bought in the market.

What indirect Roblox (RBLX) share holdings are associated with David Baszucki?

An indirect holding of 806,254 Class A shares is held by The Freedom Revocable Trust dated February 28, 2017. David Baszucki serves as trustee of this trust, which holds the shares, as noted in the filing’s footnote disclosure about indirect ownership.

Do all of David Baszucki’s new Roblox (RBLX) performance units automatically vest?

No, vesting of the performance stock units is contingent on Roblox achieving specified Bookings, EBITDA margin, and relative total shareholder return targets over two successive one-year periods. Only units that qualify based on certified performance will vest after December 31, 2027.
Roblox Corp

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