Roblox legal chief sells 22,735 shares in plan
Roblox Corp’s Chief Legal Officer and Corporate Secretary Mark Reinstra reported open-market sales of a total of 22,735 shares of Class A Common Stock on May 20–21, 2026 at prices around $44–$46 per share.
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Form Type
4
Rhea-AI Filing Summary
Roblox Corp’s Chief Legal Officer and Corporate Secretary Mark Reinstra reported open-market sales of a total of 22,735 shares of Class A Common Stock on May 20–21, 2026 at prices around $44–$46 per share. The filing notes that a portion of the shares was sold to cover statutory tax withholding tied to vesting of RSUs and PSUs under a mandatory sell-to-cover arrangement, and all reported transactions were executed under a pre-arranged Rule 10b5-1 trading plan adopted on February 19, 2026. Following these transactions, he continues to hold 432,738 shares directly, in addition to indirect holdings through several trusts.
Insider Trade Summary 10b5-1
Net Seller: 22,735 shares
Net Sell
9 txns
Insider
Reinstra Mark
Role
Chief Legal Off. & Corp. Sec.
Sold
22,735 shs ($1.04M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 561 | $45.9302 | $26K |
| Sale | Class A Common Stock | 4,899 | $46.4564 | $228K |
| Sale | Class A Common Stock | 1,903 | $44.4758 | $85K |
| Sale | Class A Common Stock | 15,372 | $45.3768 | $698K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 432,738 shares (Direct);
Class A Common Stock — 220,654 shares (Indirect, See Footnote)
Footnotes (12)
- F1. Represents the number of shares sold to cover statutory tax withholding obligations arising in connection with the vesting of certain Restricted Stock Units ("RSUs") and Performance Stock Units ("PSUs"). These shares were sold pursuant to a mandatory "sell-to-cover" arrangement under the Issuer's equity incentive plan to satisfy tax withholding obligations and do not represent a discretionary transaction by the Reporting Person.
- F2. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.92 to $44.91, 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.
- F3. 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.
- F4. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $44.92 to $45.89, 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.
- F5. The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 Plan adopted by the Reporting Person on February 19, 2026.
- F6. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.15 to $46.145, 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.
- F7. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $46.15 to $46.92, 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.
- F8. 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.
- F9. 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.
- F10. 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.
- F11. 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.
- F12. 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.
Key Figures
Shares sold: 22,735 shares
Sale prices: $44–$46 per share
Direct holdings after trades: 432,738 shares
+2 more
5 metrics
Shares sold
22,735 shares
Total Class A Common Stock sold on May 20–21, 2026
Sale prices
$44–$46 per share
Approximate range of weighted average sale prices reported
Direct holdings after trades
432,738 shares
Direct Class A Common Stock held following latest reported sale
Single trade example
15,372 shares at $45.3768
Open-market sale of Class A Common Stock on May 20, 2026
Single trade example
4,899 shares at $46.4564
Open-market sale of Class A Common Stock on May 21, 2026
Key Terms
Rule 10b5-1 Plan, Restricted Stock Units ("RSUs"), Performance Stock Units ("PSUs"), sell-to-cover arrangement, +1 more
5 terms
Rule 10b5-1 Plan regulatory
"The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 Plan adopted by the Reporting Person"
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
Restricted Stock Units ("RSUs") financial
"arising in connection with the vesting of certain Restricted Stock Units ("RSUs")"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Performance Stock Units ("PSUs") financial
"arising in connection with the vesting of certain Restricted Stock Units ("RSUs") and Performance Stock Units ("PSUs")"
sell-to-cover arrangement financial
"sold pursuant to a mandatory "sell-to-cover" arrangement under the Issuer's equity incentive plan"
statutory tax withholding obligations financial
"sold to cover statutory tax withholding obligations arising in connection with the vesting"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Did any of the Roblox (RBLX) sales cover tax obligations on RSU or PSU vesting?
Yes. A footnote explains that a portion of the sold shares covered statutory tax withholding from vesting of Restricted Stock Units (RSUs) and Performance Stock Units (PSUs) under a mandatory sell-to-cover arrangement, rather than representing discretionary sales.
What indirect Roblox (RBLX) holdings are reported for Mark Reinstra in this Form 4?
The Form 4 lists indirect holdings in several trusts, including the Susan P. Reinstra 2022 Annuity Trust, San Domenico Trust, and multiple Mark L. Reinstra Annuity Trusts. The filing notes he serves as trustee and may be deemed to have beneficial ownership.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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