Roblox CFO Naveen Chopra sells stock to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Roblox Corporation (RBLX) Chief Financial Officer Naveen Chopra reported sales of Class A common stock on 11/20/2025. The transactions were coded as sales and the footnotes explain they were made to cover statutory tax withholding tied to the vesting of restricted stock units, using a "sell to cover" arrangement rather than a discretionary open-market sale. The shares were sold in multiple trades with average prices reported between $93.34 and $96.98.
After these transactions, Chopra beneficially owns 337,036 shares of Roblox Class A common stock. A portion of this holding consists of restricted stock units, each RSU representing a right to receive one share of Class A common stock in the future.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 19,424 shares ($1,849,788)
Net Sell
5 txns
Insider
CHOPRA NAVEEN K.
Role
Chief Financial Officer
Sold
19,424 shs ($1.85M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 3,151 | $93.34 | $294K |
| Sale | Class A Common Stock | 3,193 | $94.26 | $301K |
| Sale | Class A Common Stock | 5,642 | $95.24 | $537K |
| Sale | Class A Common Stock | 4,628 | $96.12 | $445K |
| Sale | Class A Common Stock | 2,810 | $96.98 | $273K |
Holdings After Transaction:
Class A Common Stock — 353,309 shares (Direct)
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 $92.71 to $93.70, 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 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 $93.72 to $94.71, 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 $94.72 to $95.71, 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 $95.72 to $96.71, 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 $96.72 to $97.38, 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.
FAQ
What did Roblox (RBLX) disclose in this Form 4 filing?
The filing reports that Chief Financial Officer Naveen Chopra sold shares of Roblox Class A common stock on 11/20/2025 and updates his remaining beneficial ownership.
What are RSUs in the context of this Roblox (RBLX) Form 4?
The filing explains that a portion of the CFO’s holdings are restricted stock units (RSUs), and each RSU represents a contingent right to receive one share of Roblox’s Class A common stock.
Is this Roblox (RBLX) Form 4 filed for one reporting person or a group?
The document indicates that it is a Form filed by one reporting person, covering the holdings and transactions of CFO Naveen Chopra only.