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Roblox (RBLX) CFO awarded 135,320 PSUs and 73,299 RSUs in equity grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

CHOPRA NAVEEN K. reported acquisition or exercise transactions in this Form 4 filing.

Roblox Corp Chief Financial Officer Naveen K. Chopra reported equity awards consisting of 135,320 performance stock units and 73,299 shares of Class A common stock granted at a price of $0.00 per share. Each performance stock unit and restricted stock unit represents a contingent right to receive one share of Class A common stock.

For the restricted stock units, 1/12 vests on May 20, 2026, with the remainder vesting in equal quarterly installments thereafter, subject to continued service. The performance stock units vest based on Roblox achieving specified Bookings and Covenant Adjusted EBITDA margin targets for two successive one-year periods starting January 1, 2026, and a relative total shareholder return target over a two-year performance period from January 1, 2026 to December 31, 2027, with eligible units vesting after performance certification.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
CHOPRA NAVEEN K.

(Last) (First) (Middle)
C/O ROBLOX CORPORATION
3150 S. DELAWARE ST.

(Street)
SAN MATEO CA 94403

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Roblox Corp [ RBLX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 03/01/2026 A 73,299(1) A $0 397,621(2) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Performance Stock Unit (3) 03/01/2026 A 135,320(4) (5) (5) Class A Common Stock 135,320(4) $0 135,320 D
Explanation of Responses:
1. 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. 1/12th of the RSUs shall vest on May 20, 2026 and 1/12th of the RSUs shall vest quarterly thereafter, subject to the Reporting Person continuing as a service provider through each such date.
2. A portion of these securities are RSUs. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
3. Each performance stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.
4. Represents that maximum number of shares of Class A Common Stock which may be issued under this award.
5. The vesting of the performance stock units ("PSUs") is subject to satisfying performance-based requirements, including the achievement of certain Bookings and Covenant Adjusted EBITDA margin targets by the Issuer for two successive one-year periods beginning January 1, 2026 and a relative total shareholder return target by the Issuer during a two-year performance period from January 1, 2026 and December 31, 2027. Subject to continued service by the Reporting Person on the vesting date, 100% of the PSUs eligible to vest based on performance will vest following certification of performance results by our Leadership Development and Compensation Committee after the end of the two-year performance period on December 31, 2027.
Remarks:
/s/ Mark Reinstra Attorney-in-Fact for Naveen Chopra 03/03/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What equity awards did Roblox (RBLX) CFO Naveen Chopra report on this Form 4?

Naveen Chopra reported awards of 135,320 performance stock units and 73,299 shares of Class A common stock granted at $0.00 per share. Each unit or restricted stock unit represents a contingent right to receive one Roblox Class A share, subject to vesting conditions.

How do the Roblox (RBLX) restricted stock units granted to the CFO vest?

The restricted stock units vest over time, with 1/12 vesting on May 20, 2026 and the remaining 11/12 vesting in equal quarterly installments thereafter. Vesting requires Naveen Chopra to continue as a service provider through each vesting date, aligning awards with ongoing employment.

What performance conditions apply to Roblox (RBLX) CFO Naveen Chopra’s performance stock units?

The performance stock units vest only if Roblox meets specified Bookings and Covenant Adjusted EBITDA margin targets over two successive one-year periods beginning January 1, 2026. They also require achieving a relative total shareholder return target over a two-year period from January 1, 2026 to December 31, 2027.

When can the performance stock units granted to the Roblox (RBLX) CFO vest?

Any performance stock units eligible to vest will do so after December 31, 2027, following certification of results. Vesting depends on meeting performance goals and Naveen Chopra’s continued service on the vesting date, with 100% of eligible units vesting after committee certification.

What does each Roblox (RBLX) performance stock unit or RSU represent in this award?

Each performance stock unit and restricted stock unit represents a contingent right to receive one share of Roblox Class A common stock. Issuance of actual shares depends on satisfying service-based vesting for RSUs and both performance and service conditions for performance stock units.
Roblox Corp

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Electronic Gaming & Multimedia
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United States
SAN MATEO