Roblox (NYSE: RBLX) officer sells shares after PSU vesting
Rhea-AI Filing Summary
Roblox Corporation’s Chief Safety Officer Matthew D. Kaufman reported equity compensation activity and related share sales. On February 9, 2026, 97,522 performance stock units (PSUs) converted into the same number of Class A shares at $0, raising his direct holdings to 337,297 shares.
These PSUs were earned after Roblox met cumulative Bookings and EBITDA targets between January 1, 2024 and December 31, 2025. Following certification, 67% (65,340 PSUs) vested immediately, with the remaining 32,182 PSUs scheduled to vest in roughly equal installments on May 20, 2026, August 20, 2026, November 20, 2026, and February 20, 2027, subject to Kaufman’s continued service.
On February 10, 2026, Kaufman sold 27,634 shares at an average $72.6113 and 2,400 shares at an average $73.1517. The filing states these sales were mandated “sell-to-cover” transactions to satisfy statutory tax withholding from PSU vesting, not discretionary trades. After these sales, he directly owned 307,263 Class A shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 27,634 | $72.6113 | $2.01M |
| Sale | Class A Common Stock | 2,400 | $73.1517 | $176K |
| Exercise | Performance Stock Unit | 97,522 | $0.00 | -- |
| Exercise | Class A Common Stock | 97,522 | $0.00 | -- |
Footnotes (1)
- Upon certification by the Issuer's Leadership Development and Compensation Committee on February 9, 2026 of the achievement of certain performance criteria, 65,340 performance stock units ("PSUs") vested. The remaining PSUs will vest on May 20, 2026 (8,045 PSUs), August 20, 2026 (8,046 PSUs), November 20, 2026 (8,045 PSUs), and February 20, 2027 (8,046 PSUs), in each case subject to the Reporting Person's continued service. Each Performance Stock Unit ("PSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock. 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. Represents the number of shares sold to cover the statutory tax withholding obligations in connection with the vesting of performance stock units ("PSUs"). This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of minimum statutory tax withholding obligations to be funded by a "sell-to-cover" transaction and does not represent a discretionary sale by the Reporting Person. The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $72.01 to $73.00, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $73.02 to $73.35, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. Each performance stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock. The vesting of the performance stock units ("PSUs") was subject to satisfying both a performance-based requirement and a service-based requirement. The performance-based requirement was satisfied based on the achievement of certain cumulative Bookings and EBITDA targets by the Issuer between January 1, 2024 and December 31, 2025, as certified by the Issuer's Leadership Development and Compensation Committee on February 9, 2026. Following certification, 67% of the PSUs vested immediately on February 9, 2026. The remaining 33% of the PSUs will vest in approximately equal quarterly installments on May 20, 2026, August 20, 2026, November 20, 2026, and February 20, 2027, in each case subject to the Reporting Person's continued service.