Roblox (RBLX) CEO David Baszucki sells 10,834 shares to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Roblox Corp President & CEO David Baszucki reported selling a total of 10,834 shares of Class A Common Stock on February 20, 2026 in open-market transactions. The filing explains that these shares were sold to cover statutory tax withholding obligations related to the vesting of restricted stock units, using a “sell to cover” transaction.
After these sales, Baszucki directly holds 800,539 shares of Roblox Class A Common Stock. An additional 806,254 shares are held indirectly by The Freedom Revocable Trust dated February 28, 2017, for which he serves as trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 10,834 shares ($667,706)
Net Sell
4 txns
Insider
Baszucki David
Role
President & CEO
Sold
10,834 shs ($668K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 4,045 | $60.97 | $247K |
| Sale | Class A Common Stock | 6,019 | $61.93 | $373K |
| Sale | Class A Common Stock | 770 | $62.76 | $48K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 807,328 shares (Direct);
Class A Common Stock — 806,254 shares (Indirect, See Footnote)
Footnotes (1)
- Represents the number of shares sold to cover the statutory tax withholding obligations in connection with the vesting of Restricted Stock Units ("RSUs"). This sale was to satisfy tax withholding obligations to be funded by a "sell to cover" transaction. The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $60.50 to $61.47, 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. 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. The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $61.60 to $62.46, 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 $62.58 to $63.01, 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. 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.
FAQ
What insider transaction did Roblox (RBLX) report for David Baszucki?
Roblox (RBLX) reported that President & CEO David Baszucki sold 10,834 shares of Class A Common Stock on February 20, 2026. The filing classifies these as open-market sales tied to restricted stock unit tax withholding.
What is the role of The Freedom Revocable Trust in David Baszucki’s Roblox (RBLX) holdings?
The Form 4 notes that 806,254 Roblox shares are held by The Freedom Revocable Trust dated February 28, 2017. A footnote explains this trust holds the shares, and David Baszucki serves as trustee, so these are reported as indirect ownership.