Roblox (NYSE: RBLX) director swaps stock for 1,125 phantom units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Roblox Corp director Gina Mastantuono reported an internal equity reclassification tied to vested Restricted Stock Units. When 1,125 RSUs vested on February 20, 2026, she deferred receiving 1,125 shares of Class A Common Stock and instead received 1,125 shares of phantom stock under Roblox’s deferred compensation plan.
As a result of this exchange, her phantom stock holdings increased to 3,375 units and her Class A Common Stock holdings became 15,498 shares, all held directly. Each RSU and each phantom stock unit represents a right to receive one share of Roblox Class A Common Stock, with the phantom stock payable in a lump sum after separation from service.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Mastantuono Gina
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Phantom Stock | 1,125 | $0.00 | -- |
| Other | Class A Common Stock | 1,125 | $0.00 | -- |
Holdings After Transaction:
Phantom Stock — 3,375 shares (Direct);
Class A Common Stock — 15,498 shares (Direct)
Footnotes (1)
- In connection with the vesting on February 20, 2026, of Restricted Stock Units ("RSUs") previously granted to the Reporting Person, the Reporting Person's receipt of 1,125 shares of Class A Common Stock was deferred, resulting in the Reporting Person's receipt instead of 1,125 shares of phantom stock pursuant to the Issuer's deferred compensation plan. The Reporting Person is therefore reporting the disposition of 1,125 shares of Class A Common Stock in exchange for an equal number of shares of phantom stock. 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. Each share of phantom stock represents a right to receive one share of Class A common stock. The phantom stock becomes payable in one lump sum payment upon separation from service.
FAQ
What transaction did Roblox (RBLX) director Gina Mastantuono report?
Gina Mastantuono reported an internal equity reclassification. Upon vesting of 1,125 Restricted Stock Units on February 20, 2026, she deferred receiving Class A shares and instead received 1,125 phantom stock units under Roblox’s deferred compensation plan.
What are phantom stock units in the Roblox (RBLX) deferred compensation plan?
Each phantom stock unit represents a right to receive one Roblox Class A Common share. Under the deferred compensation plan, these units become payable in a single lump sum payment when the reporting person separates from service with the company.
How are Roblox (RBLX) Restricted Stock Units (RSUs) described in this Form 4?
The filing states that each Restricted Stock Unit represents a contingent right to receive one share of Roblox Class A Common Stock. When RSUs vest, the holder typically becomes entitled to receive the corresponding number of Class A shares, subject to any deferral elections.
Did the Roblox (RBLX) Form 4 show an open-market buy or sell by the director?
No open-market buy or sell is reported. The Form 4 reflects an “other” type of transaction, where 1,125 vested RSUs led to an exchange of 1,125 Class A Common Stock shares for an equal number of phantom stock units under a deferred compensation arrangement.