Roblox (NYSE: RBLX) director swaps 1,125 Class A shares for phantom stock

Rhea-AI Filing Summary

Roblox Corp director Gregory Baszucki reported an internal equity change tied to vesting Restricted Stock Units. Upon vesting on February 20, 2026, his receipt of 1,125 shares of Class A Common Stock was deferred and instead converted into 1,125 shares of phantom stock under the company’s deferred compensation plan.

He is therefore reporting the disposition of 1,125 Class A shares in exchange for an equal number of phantom stock units at a price of $0.00 per share. Following this, he directly holds 3,375 phantom stock units and 10,346 Class A shares. Indirectly, he may be deemed to beneficially own additional Class A shares held by the Greg and Christina Baszucki Living Trust, the Morningstar Dynasty Trust, the Crossbow Dynasty Trust, and a Roth IRA. Each phantom stock unit represents a right to receive one Class A share, payable in a lump sum upon 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

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^*

Baszucki Gregory

(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)	10,346(1)(2)	D
Class A Common Stock								8,994,496	I	See Footnotes(3)
Class A Common Stock								869,250	I	See Footnotes(4)
Class A Common Stock								869,250	I	See Footnotes(5)
Class A Common Stock								1,319,500	I	See Footnotes(6)

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	(7)	02/20/2026		J(1)		1,125		(8)	(8)	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 RSUs. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.

3. These shares are held of record by the Greg and Christina Baszucki Living Trust dtd 08/18/2006 of which the Reporting Person serves as trustee. The Reporting Person may be deemed to have beneficial ownership of the shares held by the Trust.

4. These shares are held directly by the Morningstar Dynasty Trust dtd 11/13/2020 of which Bessemer Trust Company of DE, N.A. serves as trustee. The Reporting Person may be deemed to have beneficial ownership of the shares held by the Trust.

5. These shares are held directly by the Crossbow Dynasty Trust dtd 11/13/2020 of which Bessemer Trust Company of DE, N.A. serves as trustee. The Reporting Person may be deemed to have beneficial ownership of the shares held by the Trust.

6. These shares are held directly under a Roth IRA account for the Reporting Person (formerly known as the PENSCO Trust Co).

7. Each share of phantom stock represents a right to receive one share of Class A Common Stock.

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

Remarks:

	/s/ Adele Freedman Attorney-in-Fact for Gregory Baszucki	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 insider transaction did Gregory Baszucki report for Roblox (RBLX)?

Gregory Baszucki reported an internal equity adjustment, deferring 1,125 vested Class A shares into 1,125 phantom stock units. This reflects a shift into Roblox’s deferred compensation plan rather than an open-market buy or sell transaction.

How many Roblox phantom stock units does Gregory Baszucki hold after this Form 4?

After the reported transaction, Gregory Baszucki directly holds 3,375 shares of Roblox phantom stock. These units track Class A Common Stock value and each represents the right to receive one Class A share upon payout conditions being met.

How many Roblox Class A shares does Gregory Baszucki directly own after the transaction?

Following the exchange, Gregory Baszucki directly owns 10,346 shares of Roblox Class A Common Stock. This figure reflects his direct holdings after deferring receipt of 1,125 vested shares into phantom stock under the deferred compensation plan.

What does the phantom stock in Roblox’s plan entitle Gregory Baszucki to receive?

Each phantom stock unit entitles Gregory Baszucki to receive one share of Roblox Class A Common Stock. According to the disclosure, the phantom stock becomes payable in a single lump sum payment when he separates from service with the company.

What happened to the 1,125 Roblox Class A shares tied to Baszucki’s RSU vesting?

When 1,125 RSUs vested, Baszucki’s receipt of the corresponding Class A shares was deferred. Instead, he received 1,125 phantom stock units, and the filing reports the disposition of those 1,125 Class A shares in exchange for the phantom stock.

What indirect Roblox shareholdings are associated with Gregory Baszucki?

Indirectly, shares are held by the Greg and Christina Baszucki Living Trust, Morningstar Dynasty Trust, Crossbow Dynasty Trust, and a Roth IRA. The filing states he may be deemed to have beneficial ownership of shares held by the listed trusts and the retirement account.