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.
FAQ
What did Matthew D. Kaufman disclose on Form 4 for RBLX?
Was the RBLX insider sale part of a prearranged plan?
Are any of the reported RBLX holdings restricted?
When was the Form 4 filed and who signed it?