Form 4: Mastantuono Gina reports multiple insider transactions in RBLX
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mastantuono Gina reported multiple insider transaction types in a Form 4 filing for RBLX. The filing lists transactions totaling 44 shares at a weighted average price of $39.55 per share. Following the reported transactions, holdings were 16,623 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Mastantuono Gina
Role
Director
Bought
22 shs ($950.36)
Sold
22 shs ($789.80)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 13 | $33.975 | $441.68 |
| Purchase | Class A Common Stock | 13 | $41.13 | $534.69 |
| Sale | Class A Common Stock | 9 | $38.68 | $348.12 |
| Purchase | Class A Common Stock | 9 | $46.1856 | $415.67 |
Holdings After Transaction:
Class A Common Stock — 16,623 shares (Direct)
Footnotes (1)
- The shares were inadvertently acquired by a third party pursuant to the Reporting Person's managed tax harvesting account, which included shares of the Issuer among shares of other public companies within an existing stock index. Such acquisitions were only recently discovered. 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 shares were inadvertently sold by a third party pursuant to the Reporting Person's managed tax harvesting account, which included shares of the Issuer among shares of other public companies within an existing stock index. Such sales were only recently discovered.
FAQ
What insider transactions did Roblox (RBLX) director Gina Mastantuono report?
Gina Mastantuono reported very small trades in Roblox Class A Common Stock, including buys and sells of 9 and 13 shares. These occurred between August 2022 and May 2023 and were executed through a managed tax harvesting account.
At what prices were Gina Mastantuono’s Roblox (RBLX) trades executed?
The filing shows purchases at $46.1856 and $41.13 per share, and sales at $38.68 and $33.975 per share. Each transaction involved 9 or 13 shares of Roblox Class A Common Stock in open-market trades.
What does the Form 4 say about restricted stock units for Roblox (RBLX)?
The Form 4 explains that a portion of Gina Mastantuono’s reported holdings are restricted stock units. Each RSU represents a contingent right to receive one share of Roblox Class A Common Stock, increasing equity exposure without immediate share issuance.
Why does the Roblox (RBLX) Form 4 mention a managed tax harvesting account?
The footnotes state that the shares were inadvertently acquired and sold by a third party through a managed tax harvesting account. This account held Roblox shares within a broader stock index, and the transactions were only recently identified.