Roblox (RBLX) director Baszucki sells 16,666 shares but keeps large stake
Rhea-AI Filing Summary
Roblox Corp director Gregory Baszucki reported open-market sales of 16,666 shares of Class A Common Stock. The trades occurred on July 1, 2026 at reported prices of $55.97, $57.36 and $58.03 per share, with footnotes noting weighted-average prices over ranges from $55.55 to $58.31.
The filing states these transactions were executed under a pre-arranged Rule 10b5-1 Plan adopted on November 28, 2025. After these sales, entities associated with Baszucki hold 8,969,734 Roblox Class A shares indirectly, and he holds an additional 5,185 shares directly.
Indirect holdings include shares in the Greg and Christina Baszucki Living Trust, the Morningstar and Crossbow Dynasty Trusts, and a Roth IRA, and footnotes indicate that some of these positions include Restricted Stock Units that each represent one Class A share.
Positive
- None.
Negative
- None.
Insights
Pre-planned sales of 16,666 Roblox shares, with large holdings retained.
Gregory Baszucki, a director of Roblox Corp, reported open-market sales totaling 16,666 shares of Class A Common Stock on July 1, 2026. Reported prices clustered around $55.97–$58.03 per share, with detailed weighted-average ranges disclosed in footnotes.
The filing specifies that all reported sales were carried out under a pre-arranged Rule 10b5-1 trading plan adopted on November 28, 2025, indicating they were scheduled rather than opportunistic. This tends to frame the activity as routine portfolio management rather than a discretionary timing decision.
After the transactions, entities associated with Baszucki still hold 8,969,734 shares indirectly and he holds 5,185 shares directly. The scale of the sale is therefore small relative to the remaining stake, and no derivative exercises are reported, which together suggest a routine, neutral-impact disposition.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 650 | $55.9662 | $36K |
| Sale | Class A Common Stock | 2,250 | $57.358 | $129K |
| Sale | Class A Common Stock | 5,433 | $58.0273 | $315K |
| Sale | Class A Common Stock | 650 | $55.9662 | $36K |
| Sale | Class A Common Stock | 2,250 | $57.358 | $129K |
| Sale | Class A Common Stock | 5,433 | $58.0273 | $315K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 Plan adopted by the Reporting Person on November 28, 2025. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.55 to $56.51, 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 of record by the Greg and Christina Baszucki Living Trust dtd 08/18/2006 of which the Reporting Person serves as trustee. The Reporting Person may be deemed to have beneficial ownership of the shares held by the Trust. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $56.73 to $57.70, 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 a weighted average price. These shares were sold in multiple transactions at prices ranging from $57.73 to $58.31, 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 under a Roth IRA account for the Reporting Person (formerly known as the PENSCO Trust Co). 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. These shares are held directly by the Morningstar Dynasty Trust dtd 11/13/2020 of which Bessemer Trust Company of DE, N.A. serves as trustee. The Reporting Person may be deemed to have beneficial ownership of the shares held by the Trust. These shares are held directly by the Crossbow Dynasty Trust dtd 11/13/2020 of which Bessemer Trust Company of DE, N.A. serves as trustee. The Reporting Person may be deemed to have beneficial ownership of the shares held by the Trust.