RBLX Form 4: Matthew Kaufman Sells 6,000 Shares Under 10b5-1 Plan
Rhea-AI Filing Summary
Roblox Corp insider Matthew D. Kaufman, Chief Safety Officer, reported the sale of 6,000 shares of Class A common stock on 09/04/2025 at a price of $134.20 per share. The Form 4 shows 275,015 shares of Class A common stock remained beneficially owned by Kaufman after the reported transaction. The filing states the sale was effected under a Rule 10b5-1 trading plan adopted November 1, 2024, and includes a note that some holdings are Restricted Stock Units (RSUs), each convertible into one share of Class A common stock. The Form 4 was signed by an attorney-in-fact on behalf of Kaufman on 09/08/2025.
Positive
- Transaction executed under a Rule 10b5-1 trading plan
- Form 4 discloses remaining beneficial ownership and presence of RSUs
- Filing includes transaction price ($134.20) and transaction date (09/04/2025)
Negative
- Reporting person disposed of 6,000 shares
Insights
Routine insider sale under a 10b5-1 plan; transaction size is small relative to disclosed holdings.
The report documents a single open-market sale of 6,000 Class A shares at $134.20, executed pursuant to a Rule 10b5-1 plan adopted 11/01/2024. After the sale the reporting person beneficially owns 275,015 shares, including RSUs that convert into common stock. From an analytical perspective, the sale appears procedural rather than indicative of a strategic change, given the modest size of the disposition versus total reported holdings. Disclosure of the 10b5-1 plan reduces the likelihood this trade was timed based on material nonpublic information.
Governance disclosure is clear and follows standard practices for prearranged trading plans.
The Form 4 includes required detail: transaction date (09/04/2025), price ($134.20), and remaining beneficial ownership (275,015 shares). The filing specifically states the trade was made under a Rule 10b5-1 plan adopted 11/01/2024 and notes RSUs in the ownership mix. The use of an attorney-in-fact signature is indicated. This level of disclosure aligns with Section 16 reporting expectations and provides investors transparent record of officer trading activity.