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Roblox (RBLX) legal chief awarded performance units and stock grants

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

Rhea-AI Filing Summary

Roblox Corp chief legal officer and corporate secretary Mark Reinstra reported new equity awards. On March 1, 2026 he received a grant of 104,236 performance stock units, each representing a contingent right to one share of Class A common stock, with vesting tied to multi‑year Bookings, Covenant Adjusted EBITDA margin, and relative total shareholder return targets for periods beginning January 1, 2026 and ending December 31, 2027.

He also acquired 96,790 shares of Class A common stock as a grant, including restricted stock units that vest over time, with 1/12th vesting on May 20, 2026 and the remainder vesting quarterly thereafter while he continues as a service provider. Additional Class A shares are held indirectly in several trusts, including the San Domenico Trust and multiple Mark L. and Susan P. Reinstra annuity trusts, for which he or his spouse serves as trustee and may be deemed to have beneficial ownership.

Positive

  • None.

Negative

  • None.
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*
Reinstra Mark

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Legal Off. & Corp. Sec.
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 96,790(1) A $0 474,126(2)(3) D
Class A Common Stock 120,272 I See footnote(4)
Class A Common Stock 33,538 I See footnote(5)
Class A Common Stock 16,653 I See Footnote(6)
Class A Common Stock 33,538 I See footnote(7)
Class A Common Stock 16,653 I See Footnotes(8)
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 (9) 03/01/2026 A 104,236(10) (11) (11) Class A Common Stock 104,236(10) $0 104,236 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. Includes 200 shares acquired by the Reporting Person on February 25, 2026 pursuant to the Issuer's 2020 Employee Stock Purchase Plan.
4. These shares are held directly by the San Domenico Trust dated August 12, 1999 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.
5. These shares are held directly by the Mark L. Reinstra 2023 Annuity Trust for which the Reporting Person serves as trustee. The Reporting Person may be deemed to have beneficial ownership of the securities held by the Annuity Trust.
6. These shares are held directly by the Mark L. Reinstra 2022 Annuity Trust for which the Reporting Person serves as trustee. The Reporting Person may be deemed to have beneficial ownership of the securities held by the Annuity Trust.
7. These shares are held directly by the Susan P. Reinstra 2023 Annuity Trust for which the Reporting Person serves as trustee. The spouse of the Reporting Person may be deemed to have beneficial ownership of the securities held by the Annuity Trust.
8. These shares are held directly by the Susan P. Reinstra 2022 Annuity Trust for which the Reporting Person serves as trustee. The spouse of the Reporting Person may be deemed to have beneficial ownership of the securities held by the Annuity Trust.
9. Each performance stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.
10. Represents that maximum number of shares of Class A Common Stock which may be issued under this award.
11. 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 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) executive Mark Reinstra receive?

Mark Reinstra received a grant of 104,236 performance stock units and 96,790 shares of Class A common stock as equity awards. Each unit or RSU represents a contingent right to receive one Roblox Class A common share, subject to vesting conditions.

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

The performance stock units vest only if multi‑year goals are achieved. Vesting depends on Roblox meeting specific Bookings and Covenant Adjusted EBITDA margin targets for two successive one‑year periods and a relative total shareholder return target over a two‑year period starting January 1, 2026.

What are the vesting terms for Mark Reinstra’s RSUs at Roblox (RBLX)?

Reinstra’s restricted stock units vest gradually over time. 1/12th of the RSUs vest on May 20, 2026, with an additional 1/12th vesting quarterly thereafter, as long as he continues as a service provider through each vesting date.

Are any of Mark Reinstra’s Roblox (RBLX) shares held through trusts?

Yes. Some shares are held by the San Domenico Trust and several Mark L. Reinstra and Susan P. Reinstra annuity trusts. Reinstra or his spouse serves as trustee, and they may be deemed to have beneficial ownership of these trust‑held securities.

Did Mark Reinstra acquire Roblox (RBLX) shares through the employee stock purchase plan?

Yes. A footnote states that the holdings include 200 shares of Roblox Class A common stock acquired on February 25, 2026 under the company’s 2020 Employee Stock Purchase Plan, in addition to the reported grants and trust holdings.

Does Mark Reinstra’s Roblox (RBLX) Form 4 report any stock sales?

The Form 4 reports award and holding entries but no stock sales. The coded transactions are described as grants or other acquisitions, and the transaction summary shows acquisition activity without any reported sell transactions for the period.
Roblox Corp

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Electronic Gaming & Multimedia
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United States
SAN MATEO