Roblox Insider Filing: 1,125 RSUs Converted to Deferred Phantom Shares
Rhea-AI Filing Summary
Roblox Corp (RBLX) director Gina Mastantuono reported a Form 4 disclosing a change in beneficial ownership tied to RSU vesting and deferred compensation. The filing shows that on 08/20/2025, 1,125 shares of Class A Common Stock that vested were not received as shares but were exchanged for 1,125 shares of phantom stock under the issuer's deferred compensation plan. The Form 4 reports a disposition of 1,125 Class A shares and indicates the reporting person beneficially owned 17,748 shares of Class A Common Stock following the transaction. The phantom shares each represent a right to one Class A share and become payable in a lump sum upon separation from service.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine insider report: vested RSUs converted into deferred phantom stock; no open-market sale or purchase reported.
The Form 4 documents a non-sale disposition under a deferred compensation arrangement: 1,125 vested RSUs were deferred and converted into 1,125 phantom shares on 08/20/2025. Reporting shows a reduction of 1,125 Class A shares and continued beneficial ownership of 17,748 Class A shares. This is an administrative, contract-based transaction intended to satisfy plan terms and does not reflect a liquidity event or open-market trading by the reporting person.
TL;DR: Administrative governance action—director elected to defer vested compensation into phantom stock per company plan.
The filing indicates the reporting person, identified as a director, used the issuer's deferred compensation mechanism when RSUs vested on 08/20/2025. The conversion to phantom stock preserves economic exposure while deferring settlement until separation from service. The phantom stock is payable in a lump sum upon departure, aligning with typical executive compensation controls and disclosure requirements; the transaction appears procedural rather than strategically material.