Roblox (RBLX) director Jason Kilar swaps 1,125 shares for phantom stock

Rhea-AI Filing Summary

Roblox Corp director Jason Kilar reported an internal share adjustment tied to vesting compensation. On February 20, 2026, 1,125 vested Restricted Stock Units that would have delivered Class A Common Stock were instead deferred, so he received 1,125 shares of phantom stock under Roblox’s deferred compensation plan.

This is reported as a disposition of 1,125 Class A shares in exchange for the same number of phantom stock units at a price of $0.00 per share. After the transaction, Kilar directly holds 16,164 shares of Class A Common Stock and 3,375 shares of phantom stock, each phantom share representing a right to receive one Class A share, payable in a lump sum after separation from service.

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

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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^*

KILAR JASON

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/20/2026

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	02/20/2026		J(1)		1,125	D	$0(1)	16,164(1)(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
Phantom Stock	(3)	02/20/2026		J(1)		1,125		(4)	(4)	Class A Common Stock	1,125	$0	3,375	D

Explanation of Responses:

1. 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.

2. 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.

3. Each share of phantom stock represents a right to receive one share of Class A common stock.

4. The phantom stock becomes payable in one lump sum payment upon separation from service.

Remarks:

	/s/ Adele Freedman Attorney-in-Fact for Jason Kilar	02/24/2026
	** 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 did Roblox (RBLX) director Jason Kilar report in this Form 4?

Jason Kilar reported an internal compensation-related share adjustment. 1,125 vested RSUs that would have delivered Class A stock were deferred, and he instead received 1,125 phantom stock units under Roblox’s deferred compensation plan.

How many Roblox (RBLX) shares and phantom stock units are involved?

The transaction covers 1,125 shares of Class A Common Stock and 1,125 phantom stock units. Kilar exchanged the stock delivery for phantom stock, keeping the same unit count but changing the form of his compensation.

What are Roblox (RBLX) phantom stock units in this filing?

Each phantom stock unit represents a right to receive one share of Roblox Class A Common Stock. These units are part of a deferred compensation plan and become payable in a single lump sum when the reporting person separates from service.

Did Jason Kilar buy or sell Roblox (RBLX) shares in the market?

The filing does not show an open-market buy or sell. It records an “other acquisition or disposition,” exchanging 1,125 Class A shares for 1,125 phantom stock units at $0.00 per share as part of a compensation deferral.

What are Jason Kilar’s Roblox (RBLX) holdings after this transaction?

After the transaction, Kilar directly holds 16,164 shares of Roblox Class A Common Stock and 3,375 phantom stock units. A portion of these holdings consists of RSUs, each representing a contingent right to receive one Class A share.

How do the RSUs affect Jason Kilar’s Roblox (RBLX) ownership?

A portion of Kilar’s securities are Restricted Stock Units, each equal to one Class A share upon vesting. When RSUs vest, he can receive stock immediately or, as here, defer receipt into phantom stock under the deferred compensation plan.