Roblox (RBLX) CEO Baszucki logs 50,628-share tax sell-to-cover, still holds large stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Roblox Corp President & CEO David Baszucki reported sales of a total of 50,628 shares of Class A Common Stock on May 20, 2026. The footnotes state these shares were sold under a mandatory “sell-to-cover” arrangement to satisfy statutory tax withholding obligations tied to vesting RSUs and PSUs, meaning they were not discretionary open-market sales.
Sale prices were reported as weighted averages around $44–$46 per share across multiple trades. Following these transactions, Baszucki directly held 852,214 shares and indirectly held 3,493,765 shares through The Freedom Revocable Trust, maintaining a substantial ownership position in Roblox.
Positive
- None.
Negative
- None.
Insights
CEO’s reported sales are tax-driven, not discretionary selling.
The filing shows David Baszucki reported 50,628 shares sold of Roblox Class A stock on May 20, 2026. Footnotes explain these sales were executed under a mandatory “sell-to-cover” mechanism to pay statutory taxes on vesting RSUs and PSUs, not elective profit-taking.
Because the transactions simply fund tax obligations from equity awards, they carry weaker signaling value than discretionary open-market sales. After the activity, Baszucki still holds 852,214 shares directly and 3,493,765 shares indirectly via The Freedom Revocable Trust, indicating a large continuing exposure to Roblox equity.
Insider Trade Summary
Net Seller: 50,628 shares ($2,292,446)
Net Sell
4 txns
Insider
Baszucki David
Role
President & CEO
Sold
50,628 shs ($2.29M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 4,686 | $44.3962 | $208K |
| Sale | Class A Common Stock | 45,042 | $45.3599 | $2.04M |
| Sale | Class A Common Stock | 900 | $45.8939 | $41K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 898,156 shares (Direct, null);
Class A Common Stock — 3,493,765 shares (Indirect, See Footnote)
Footnotes (1)
- Represents the number of shares sold to cover statutory tax withholding obligations arising in connection with the vesting of certain Restricted Stock Units ("RSUs") and Performance Stock Units ("PSUs"). These shares were sold pursuant to a mandatory "sell-to-cover" arrangement under the Issuer's equity incentive plan to satisfy tax withholding obligations and do not represent a discretionary transaction by the Reporting Person. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.83 to $44.81, 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 a weighted average price. These shares were sold in multiple transactions at prices ranging from $44.86 to $45.85, 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 a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.88 to $45.93, 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. These shares are held directly by The Freedom Revocable Trust dated February 28, 2017 as amended, and for which the Reporting Person serves as trustee.
Key Figures
Shares sold: 50,628 shares
Direct holdings after transaction: 852,214 shares
Indirect holdings via trust: 3,493,765 shares
+3 more
6 metrics
Shares sold
50,628 shares
Total Class A shares sold on May 20, 2026 to cover taxes
Direct holdings after transaction
852,214 shares
Class A shares directly held by David Baszucki after sales
Indirect holdings via trust
3,493,765 shares
Shares held by The Freedom Revocable Trust where Baszucki is trustee
Sale price (weighted avg example)
$44.3962 per share
One reported weighted average sale price on May 20, 2026
Sale price (weighted avg example)
$45.3599 per share
Weighted average price for another sale tranche
Sale price (weighted avg example)
$45.8939 per share
Weighted average price for highest-priced tranche
Key Terms
Restricted Stock Units ("RSUs"), Performance Stock Units ("PSUs"), sell-to-cover, weighted average price, +1 more
5 terms
Restricted Stock Units ("RSUs") financial
"A portion of these securities are Restricted Stock Units ("RSUs")."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Performance Stock Units ("PSUs") financial
"arising in connection with the vesting of certain RSUs and PSUs."
sell-to-cover financial
"sold pursuant to a mandatory "sell-to-cover" arrangement under the Issuer's equity incentive plan"
Sell-to-cover is when part of newly issued or exercised company stock is immediately sold to pay required taxes and fees, so the recipient keeps the remaining shares. For investors this matters because it reduces the number of shares insiders or employees actually hold after a grant, can create small, routine share sales that aren’t signal of cashing out, and slightly increases share supply on the market—like selling a portion of a paycheck to cover the tax bill.
weighted average price financial
"The price reported in column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
equity incentive plan financial
"arrangement under the Issuer's equity incentive plan to satisfy tax withholding obligations"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
