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.
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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.
How many Roblox (RBLX) shares did Mark Reinstra sell and why?
Reinstra sold a total of 16,782 shares of Roblox Class A common stock. The filing states the sales represent shares sold to cover statutory tax withholding obligations related to the vesting of restricted stock units.
At what prices were the Roblox (RBLX) insider shares sold?
The reported sales on 11/20/2025 occurred in multiple trades at average prices of $93.36, $94.30, $95.30, $96.21, and $97.07, with underlying transaction price ranges from $92.74 up to $97.49.
How many Roblox (RBLX) shares does Mark Reinstra own after the transactions?
Following the reported sales, Reinstra directly beneficially owns 370,532 shares of Roblox Class A common stock. He also has indirect beneficial ownership of additional shares held in various family and annuity trusts.
What indirect Roblox (RBLX) holdings are reported for Mark Reinstra and related trusts?
The filing notes 120,272 shares held by the San Domenico Trust dated August 12, 1999 and additional holdings of 33,538 and 16,653 shares in each of several 2022 and 2023 annuity trusts for Reinstra and his spouse, over which he or his spouse may be deemed to have 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.