Roblox (RBLX) director Dennis Durkin awarded 5,185 RSUs and reports trust-held shares
Rhea-AI Filing Summary
Durkin Dennis M reported acquisition or exercise transactions in this Form 4 filing.
Roblox director Dennis M. Durkin reported receiving a grant of 5,185 Restricted Stock Units (RSUs) for Class A common stock. The award was at no cash cost per share and increased his directly held shares to 8,709. Each RSU represents a contingent right to receive one share of Roblox Class A common stock.
The RSUs vest in four equal installments: one-quarter on each of August 20, 2026, November 20, 2026, and February 20, 2027, with the final quarter vesting on the earlier of the day before the 2027 annual stockholder meeting or May 28, 2027, subject to continued service. In addition, 7,700 shares are reported as held indirectly through the Dennis and Madeleine Durkin 2017 Family Trust, over which he may be deemed to have beneficial ownership.
Positive
- None.
Negative
- None.
Insights
Routine RSU grant to Roblox director, with multi-date vesting schedule.
Roblox granted director Dennis M. Durkin 5,185 RSUs, a standard equity compensation tool aligning director interests with shareholders. The award carries no cash exercise price and converts into Class A common shares as portions vest over time.
Vesting is staged across August 20, 2026, November 20, 2026, February 20, 2027, and the earlier of the day before the 2027 annual meeting or May 28, 2027, contingent on continued service. Durkin also reports 7,700 shares held indirectly via a family trust, giving a mix of direct and indirect ownership exposure.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 5,185 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (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. 1/4th of the RSUs shall vest on each of August 20, 2026, November 20, 2026 and February 20, 2027, and the remaining 1/4th of the RSUs shall vest on the earlier of (i) the day before the annual meeting of stockholders held in 2027 or (ii) May 28, 2027, subject to the Reporting Person continuing as a service provider through each vest date. 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. Reflects the transfer of 7,700 shares from The Dennis and Madeleine Durkin 2017 Family Trust to the Reporting Person on March 24, 2026, and the subsequent transfer of 7,700 shares from the Reporting Person back to the Trust on May 8, 2026. These shares are held directly by Dennis and Madeleine Durkin 2017 Family Trust. The Reporting Person may be deemed to have beneficial ownership over the securities held by the trust.