Roblox insider Mark Reinstra reports RSU tax sell-to-cover trades
Rhea-AI Filing Summary
Roblox Corp (RBLX) reported an insider transaction by its Chief Legal Officer and Corporate Secretary, Mark L. Reinstra. On 11/20/2025, he sold a total of 16,782 shares of Class A common stock in several market trades, at average prices ranging from about $92.74 to $97.49. The filing explains these sales were made to cover statutory tax withholding obligations arising from the vesting of restricted stock units.
After these transactions, Reinstra directly beneficially owns 370,532 shares of Class A common stock. He also has indirect beneficial ownership through several trusts, including 120,272 shares held by the San Domenico Trust dated August 12, 1999, and additional blocks of 33,538 and 16,653 shares in each of the 2022 and 2023 annuity trusts for himself and his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 2,796 | $93.36 | $261K |
| Sale | Class A Common Stock | 2,901 | $94.30 | $274K |
| Sale | Class A Common Stock | 4,995 | $95.30 | $476K |
| Sale | Class A Common Stock | 3,960 | $96.21 | $381K |
| Sale | Class A Common Stock | 2,130 | $97.07 | $207K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
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 $92.74 to $93.70, 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. 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 price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $93.76 to $94.74, 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 $94.82 to $95.79, 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 $95.83 to $96.77, 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 $96.87 to $97.49, 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 previously reported transfer on November 5, 2025 occurred on November 18, 2025. These shares are held directly by the San Domenico Trust dated August 12, 1999 for which the Reporting Person serves as trustee. The Reporting Person may be deemed to have beneficial ownership over the securities held by the trust. These shares are held directly by the Mark L. Reinstra 2023 Annuity Trust for which the Reporting Person serves as trustee. The Reporting Person may be deemed to have beneficial ownership of the securities held by the Annuity Trust. These shares are held directly by the Mark L. Reinstra 2022 Annuity Trust for which the Reporting Person serves as trustee. The Reporting Person may be deemed to have beneficial ownership of the securities held by the Annuity Trust. These shares are held directly by the Susan P. Reinstra 2023 Annuity Trust for which the Reporting Person serves as trustee. The spouse of the Reporting Person may be deemed to have beneficial ownership of the securities held by the Annuity Trust. These shares are held directly by the Susan P. Reinstra 2022 Annuity Trust for which the Reporting Person serves as trustee. The spouse of the Reporting Person may be deemed to have beneficial ownership of the securities held by the Annuity Trust.
FAQ
What did Roblox (RBLX) disclose in this Form 4 filing?
The filing reports that Mark L. Reinstra, Roblox’s Chief Legal Officer and Corporate Secretary, sold shares of Class A common stock on 11/20/2025 and provides updated details on his direct and indirect beneficial ownership.
What are the restricted stock units (RSUs) mentioned in the Roblox (RBLX) Form 4?
The filing explains that a portion of Reinstra’s reported holdings consists of restricted stock units (RSUs), each representing a contingent right to receive one share of Roblox’s Class A common stock upon vesting.