Roblox director defers 1,125 shares into phantom stock
Roblox Corp director Gina Mastantuono reported an internal equity reclassification tied to vested Restricted Stock Units.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Phantom Stock | 1,125 | $0.00 | $0.00 |
| Other | Class A Common Stock | 1,125 | $0.00 | $0.00 |
Footnotes (4)
- F1. 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.
- F2. 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.
- F3. Each share of phantom stock represents a right to receive one share of Class A common stock.
- F4. The phantom stock becomes payable in one lump sum payment upon separation from service.
FAQ
What transaction did Roblox (RBLX) director Gina Mastantuono report?
What are phantom stock units in the Roblox (RBLX) deferred compensation plan?
How are Roblox (RBLX) Restricted Stock Units (RSUs) described in this Form 4?
Did the Roblox (RBLX) Form 4 show an open-market buy or sell by the director?
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