Roblox (RBLX) director Jason Kilar swaps 1,125 shares for phantom stock
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
KILAR JASON
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Phantom Stock | 1,125 | $0.00 | -- |
| Other | Class A Common Stock | 1,125 | $0.00 | -- |
Holdings After Transaction:
Phantom Stock — 3,375 shares (Direct);
Class A Common Stock — 16,164 shares (Direct)
Footnotes (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. 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. Each share of phantom stock represents a right to receive one share of Class A common stock. The phantom stock becomes payable in one lump sum payment upon separation from service.
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.
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.
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.