[Form 4] Roblox Corp Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Roblox Corp Chief Safety Officer Matthew D. Kaufman reported mandated share sales tied to equity compensation taxes. On 2026-04-13, he sold a total of 13,325 shares of Class A Common Stock in open-market transactions at reported prices of $57.94 and $58.45 per share.
According to the disclosure, these sales were executed solely to cover statutory tax withholding obligations from the vesting of the final tranche of performance stock units granted on April 13, 2023, and did not represent discretionary selling. After the transactions, Kaufman directly held 364,320 shares of Roblox Class A Common Stock, which includes a portion represented by restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 13,325 shares ($772,102)
Net Sell
2 txns
Insider
Kaufman Matthew D
Role
Chief Safety Officer
Sold
13,325 shs ($772K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 13,225 | $57.94 | $766K |
| Sale | Class A Common Stock | 100 | $58.45 | $6K |
Holdings After Transaction:
Class A Common Stock — 364,420 shares (Direct)
Footnotes (1)
- Represents the number of shares sold to cover the statutory tax withholding obligations in connection with the vesting of the final tranche of performance stock units ("PSUs") granted on April 13, 2023. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of 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 $57.43 to $58.41, 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.
Key Figures
Shares sold: 13,325 shares
Sale price (block 1): $57.94 per share
Sale price (block 2): $58.45 per share
+3 more
6 metrics
Shares sold
13,325 shares
Open-market sales on 2026-04-13 to cover tax withholding
Sale price (block 1)
$57.94 per share
13,225 Class A shares sold
Sale price (block 2)
$58.45 per share
100 Class A shares sold
Post-transaction holdings
364,320 shares
Direct Roblox Class A Common Stock held after sales
Trade price range
$57.43–$58.41
Footnote average-price range for multiple transactions
Grant date of PSUs
April 13, 2023
Final tranche of performance stock units vesting triggered tax
Key Terms
sell-to-cover, performance stock units, Restricted Stock Units, statutory tax withholding obligations, +1 more
5 terms
sell-to-cover financial
"to be funded by a "sell-to-cover" transaction and does not represent a discretionary sale"
Sell-to-cover is when part of newly issued or exercised company stock is immediately sold to pay required taxes and fees, so the recipient keeps the remaining shares. For investors this matters because it reduces the number of shares insiders or employees actually hold after a grant, can create small, routine share sales that aren’t signal of cashing out, and slightly increases share supply on the market—like selling a portion of a paycheck to cover the tax bill.
performance stock units financial
"final tranche of performance stock units ("PSUs") granted on April 13, 2023"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
Restricted Stock Units financial
"A portion of these securities are Restricted Stock Units ("RSUs")."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
statutory tax withholding obligations financial
"sold to cover the statutory tax withholding obligations in connection with the vesting"
equity incentive plans financial
"mandated by the Issuer's election under its equity incentive plans to require the satisfaction"
Equity incentive plans are company programs that pay employees, executives, or directors with company stock, stock options, or share units instead of or in addition to cash, aiming to align their interests with shareholders—like giving team members a stake in the house they help build. For investors this matters because such plans can motivate better company performance but also dilute existing ownership and increase reported compensation costs, so they affect future earnings, voting power, and share value.
FAQ
What insider transaction did Roblox (RBLX) disclose for Matthew D. Kaufman?
Roblox disclosed that Chief Safety Officer Matthew D. Kaufman sold 13,325 Class A shares. The sales were associated with tax withholding obligations on vested performance stock units, rather than discretionary selling, and were executed under the company’s equity incentive plan framework.
What equity awards are referenced in Matthew D. Kaufman’s Roblox (RBLX) Form 4?
The Form 4 references performance stock units granted on April 13, 2023, whose final tranche vested, triggering the tax obligation. It also notes that a portion of Kaufman’s remaining holdings consists of restricted stock units, each convertible into one share of Roblox Class A Common Stock.