Roblox (NYSE: RBLX) safety chief sells 14,904 shares for RSU taxes
Rhea-AI Filing Summary
Roblox Corp (RBLX) reported that Chief Safety Officer Matthew D. Kaufman entered two transactions in Class A Common Stock on August 20, 2026. He sold 10,994 shares at a weighted average price of $37.7808 and 3,910 shares at a weighted average price of $38.4653. According to the company’s equity plan, these were mandatory sell-to-cover sales to satisfy statutory tax withholding owed on the vesting of Restricted Stock Units, and are described as non-discretionary by the reporting person.
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Insights
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Insider Trade Summary
Net Seller: 14,904 shares
Net Sell
2 txns
Insider
Kaufman Matthew D
Role
Chief Safety Officer
Sold
14,904 shs ($566K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2, F3 | 10,994 | $37.7808 | $415K |
| Sale | Class A Common Stock F1, F4, F3 | 3,910 | $38.4653 | $150K |
Holdings After Transaction:
Class A Common Stock — 335,060 shares (Direct)
Footnotes (4)
- F1. Represents the number of shares sold to cover statutory tax withholding obligations arising in connection with the vesting of certain Restricted Stock Units ("RSUs"). These shares were sold pursuant to a mandatory "sell-to-cover" arrangement under the Issuer's equity incentive plan to satisfy tax withholding obligations and do not represent a discretionary transaction by the Reporting Person.
- F2. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.22 to $38.19, 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.
- F3. 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.
- F4. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.28 to $38.98, 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.
Key Figures
Shares sold (first transaction): 10,994 shares
Weighted average price (first transaction): $37.7808 per share
Shares sold (second transaction): 3,910 shares
+2 more
5 metrics
Shares sold (first transaction)
10,994 shares
Class A Common Stock sold on August 20, 2026
Weighted average price (first transaction)
$37.7808 per share
Sales in multiple trades between $37.22 and $38.19
Shares sold (second transaction)
3,910 shares
Class A Common Stock sold on August 20, 2026
Weighted average price (second transaction)
$38.4653 per share
Sales in multiple trades between $38.28 and $38.98
Total shares sold
14,904 shares
Aggregate of both reported sales on August 20, 2026
Key Terms
Restricted Stock Units ("RSUs"), sell-to-cover, weighted average price, statutory tax withholding obligations
4 terms
Restricted Stock Units ("RSUs") financial
"A portion of these securities are Restricted Stock Units ("RSUs")."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
sell-to-cover financial
"These shares were sold pursuant to a mandatory "sell-to-cover" arrangement"
Sell-to-cover is when part of newly issued or exercised company stock is immediately sold to pay required taxes and fees, so the recipient keeps the remaining shares. For investors this matters because it reduces the number of shares insiders or employees actually hold after a grant, can create small, routine share sales that aren’t signal of cashing out, and slightly increases share supply on the market—like selling a portion of a paycheck to cover the tax bill.
weighted average price financial
"The price reported in column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
statutory tax withholding obligations financial
"shares sold to cover statutory tax withholding obligations arising in connection"
FAQ
What insider activity did Roblox Corp (RBLX) disclose for Matthew D. Kaufman?
Roblox disclosed that Chief Safety Officer Matthew D. Kaufman sold a total of 14,904 shares of Class A Common Stock on August 20, 2026 in two transactions, both reported as sales in the open market or private transactions.
What role do RSUs play in Matthew D. Kaufman’s Roblox (RBLX) transactions?
The filing notes that a portion of the securities involved are Restricted Stock Units (RSUs), where each RSU represents a contingent right to receive one share of Roblox’s Class A Common Stock. The reported sales relate to tax withholding on RSU vesting.
Were Matthew D. Kaufman’s RBLX sales made under a Rule 10b5-1 plan?
The Rule 10b5-1 checkbox is not marked as affirming a plan, and the footnotes instead describe the transactions as mandatory sell-to-cover sales for tax withholding under Roblox’s equity incentive plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.