Roblox (RBLX) HR chief sells 21,413 shares to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Roblox Corp Chief People & Systems Officer Arvind Chakravarthy reported selling 21,413 shares of Class A common stock on February 20, 2026. The transactions were open-market sales at prices reported around $60.95 to $62.69 per share.
The filing states these shares were sold to cover statutory tax withholding obligations tied to vesting Restricted Stock Units, using a "sell to cover" arrangement. After these sales, Chakravarthy held 177,589 shares directly and 41,568 shares indirectly through the Jain Chakravarthy Living Trust, where he serves as trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 21,413 shares ($1,319,234)
Net Sell
4 txns
Insider
Chakravarthy Arvind
Role
Chief People & Systems Officer
Sold
21,413 shs ($1.32M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 7,655 | $60.95 | $467K |
| Sale | Class A Common Stock | 12,439 | $61.90 | $770K |
| Sale | Class A Common Stock | 1,319 | $62.69 | $83K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 191,347 shares (Direct);
Class A Common Stock — 41,568 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 $60.49 to $61.47, 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 reported amount reflects the transfer of 41,568 shares transferred by the Reporting Person to the Jain Chakravarthy Living Trust on February 18, 2026. The Reporting Person serves as trustee of the trust. The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $61.50 to $62.46, 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 $62.51 to $62.99, 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 Jain Chakravarthy Living Trust. The Reporting Person may be deemed to have beneficial ownership over the securities held by the trust.
FAQ
What insider transaction did Roblox (RBLX) disclose for Arvind Chakravarthy?
Roblox disclosed that Chief People & Systems Officer Arvind Chakravarthy sold 21,413 shares of Class A common stock on February 20, 2026. The filing notes these open-market sales were executed to cover statutory tax withholding obligations from vesting Restricted Stock Units.
What is the Jain Chakravarthy Living Trust’s role in Roblox (RBLX) holdings?
The filing notes 41,568 Roblox shares were transferred to the Jain Chakravarthy Living Trust on February 18, 2026. Arvind Chakravarthy serves as trustee and may be deemed to have beneficial ownership over securities held by the trust, which are reported as indirect holdings.
What position does Arvind Chakravarthy hold at Roblox (RBLX)?
Arvind Chakravarthy is identified as Roblox’s Chief People & Systems Officer. This officer role is disclosed in the Form 4 reporting his February 20, 2026 open-market sales of Class A common stock and his resulting direct and indirect share ownership positions.