Roblox (NYSE: RBLX) legal chief sells 17,186 shares for RSU taxes
Filing Impact
Filing Sentiment
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 17,186 shares of Class A Common Stock on February 20, 2026. The shares were sold in three blocks: 5,913 shares at $60.92, 10,203 shares at $61.89, and 1,070 shares at $62.69 per share, with each price representing an average for multiple trades.
According to a footnote, these sales were made to cover statutory tax withholding obligations arising from the vesting of Restricted Stock Units through a “sell to cover” transaction. After the transactions, Reinstra held 377,136 shares directly, plus additional indirect holdings through several trusts, including 120,272 shares in the San Domenico Trust dated August 12, 1999 and multiple Mark L. and Susan P. Reinstra annuity trusts.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 17,186 shares ($1,058,762)
Net Sell
8 txns
Insider
Reinstra Mark
Role
Chief Legal Off. & Corp. Sec.
Sold
17,186 shs ($1.06M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 5,913 | $60.92 | $360K |
| Sale | Class A Common Stock | 10,203 | $61.89 | $631K |
| Sale | Class A Common Stock | 1,070 | $62.69 | $67K |
| 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 — 388,409 shares (Direct);
Class A Common Stock — 120,272 shares (Indirect, See footnote)
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 $60.47 to $61.45, 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. The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $61.47 to $62.44, 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 $62.50 to $63.01, 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. 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. 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. 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. 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. 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.
FAQ
What insider transaction did Roblox (RBLX) disclose for Mark Reinstra?
Roblox disclosed that Chief Legal Officer Mark Reinstra sold 17,186 shares of Class A Common Stock. The sales occurred in three open-market transactions on February 20, 2026, with reported average prices between $60.92 and $62.69 per share, according to the Form 4 filing.
Were any of Mark Reinstra’s Roblox (RBLX) holdings reported as indirect ownership?
Yes. The filing lists indirect holdings in several trusts where Reinstra serves as trustee, including the San Domenico Trust and Mark L. Reinstra annuity trusts. Additional trusts for Susan P. Reinstra are also reported, with the spouse potentially deemed to have beneficial ownership in those securities.