Roblox (RBLX) legal chief sells shares after performance stock units vest
Rhea-AI Filing Summary
Roblox Corp’s Chief Legal Officer and Corporate Secretary Mark Reinstra reported equity compensation activity and related share sales. On February 9, 2026, 118,110 performance stock units converted into Class A common shares at an exercise price of $0 after performance goals tied to cumulative Bookings and EBITDA for January 1, 2024 through December 31, 2025 were certified as achieved.
Following certification, 67% of the PSUs vested immediately, with the remaining 33% scheduled to vest in approximately equal quarterly installments on May 20, 2026, August 20, 2026, November 20, 2026, and February 20, 2027, subject to continued service. On February 10, 2026, Reinstra sold 31,705 shares at an average $72.6138 and 2,615 shares at an average $73.1373 in mandated “sell-to-cover” transactions to satisfy statutory tax withholding, not discretionary sales. After these transactions, he directly held 454,322 Class A shares, plus additional indirect holdings through several trusts.
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