Anthony P. Lee 10b5-1 Sales Reported in Roblox (RBLX) Form 4

Rhea-AI Filing Summary

Anthony P. Lee, a director of Roblox Corporation (RBLX), reported multiple dispositions of Class A common stock on 09/02/2025 executed pursuant to a Rule 10b5-1 trading plan adopted on November 15, 2024. The Form 4 lists many separate sales (examples include 12,293 shares at a weighted average price of $119.6822; 11,847 shares at $124.7576; and 10,805 shares at $125.6807), each recorded with the weighted-average price ranges disclosed in footnotes. The filing shows several share blocks remain indirectly held in trusts and entities for which Mr. Lee serves as trustee or managing member, with reported post-transaction beneficial ownership figures shown for each line item.

Positive

• Sales executed under a pre-established Rule 10b5-1 trading plan, adopted November 15, 2024, which supports compliance with insider trading rules
• Filing includes detailed footnotes explaining weighted-average price ranges and the nature of indirect holdings (trusts and LLC)

Negative

• Multiple share dispositions on 09/02/2025 (examples: 12,293 shares at $119.6822; 11,847 at $124.7576; 10,805 at $125.6807) reduce the reporter's direct/indirect holdings
• Significant indirect holdings remain in trusts and an LLC (footnotes note holdings by Fallen Leaf Revocable Trust, trusts for the reporter's children, and Fallen Leaf LLC)

Insights

Securities Analyst

TL;DR: Multiple planned insider sales under a 10b5-1 plan; transactions are routine disclosures rather than unexpected events.

The Form 4 documents structured sales executed under a Rule 10b5-1 plan adopted November 15, 2024. The filing discloses numerous small-to-mid-size dispositions on a single date with weighted-average prices provided and accompanying footnotes that specify price ranges and holding entities. From an investor-disclosure perspective, use of a pre-established trading plan reduces the implication that these sales were opportunistic or contemporaneous with undisclosed material information. The filing also clarifies that several large share blocks are held indirectly in trusts and an LLC for which Mr. Lee serves as trustee or managing member, with disclaimed beneficial ownership except for pecuniary interest. Impact is informational; there is no statement in the filing of any derivative transactions or additions to compensatory grants.

Corporate Governance Expert

TL;DR: Governance-wise, the disclosure is complete and cites a 10b5-1 plan, which supports procedural compliance.

The Form 4 includes clear explanatory footnotes describing the Rule 10b5-1 plan and the nature of indirect holdings (trusts and an LLC). Signature and date are present. For governance assessment, the filing meets Section 16 reporting requirements by detailing each class of shares sold, weighted-average prices, and post-transaction holdings. The filing does not disclose any change in officer/director status or other corporate governance actions.

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).

X

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^*

Lee Anthony P

(Last) (First) (Middle)

C/O ROBLOX CORPORATION

3150 SOUTH DELAWARE STREET

(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)
09/02/2025

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	09/02/2025		S(1)		12,293	D	$119.6822(2)	6,608,818	I	See footnote(3)
Class A Common Stock	09/02/2025		S(1)		5,166	D	$120.4326(4)	6,603,652	I	See footnote(3)
Class A Common Stock	09/02/2025		S(1)		8,299	D	$121.4308(5)	6,595,353	I	See footnote(3)
Class A Common Stock	09/02/2025		S(1)		3,903	D	$122.6642(6)	6,591,450	I	See footnote(3)
Class A Common Stock	09/02/2025		S(1)		3,701	D	$123.5954(7)	6,587,749	I	See footnote(3)
Class A Common Stock	09/02/2025		S(1)		11,847	D	$124.7576(8)	6,575,902	I	See footnote(3)
Class A Common Stock	09/02/2025		S(1)		10,805	D	$125.6807(9)	6,565,097	I	See footnote(3)
Class A Common Stock	09/02/2025		S(1)		746	D	$126.2569(10)	6,564,351	I	See footnote(3)
Class A Common Stock	09/02/2025		S(1)		999	D	$119.6828(2)	278,869	I	See footnote(11)
Class A Common Stock	09/02/2025		S(1)		419	D	$120.4334(4)	278,450	I	See footnote(11)
Class A Common Stock	09/02/2025		S(1)		676	D	$120.1741(5)	277,774	I	See footnote(11)
Class A Common Stock	09/02/2025		S(1)		317	D	$122.6657(6)	277,457	I	See footnote(11)
Class A Common Stock	09/02/2025		S(1)		302	D	$123.5942(7)	277,155	I	See footnote(11)
Class A Common Stock	09/02/2025		S(1)		965	D	$124.7572(8)	276,190	I	See footnote(11)
Class A Common Stock	09/02/2025		S(1)		882	D	$125.6819(9)	275,308	I	See footnote(11)
Class A Common Stock	09/02/2025		S(1)		60	D	$126.2572(10)	275,248	I	See footnote(11)
Class A Common Stock	09/02/2025		S(1)		999	D	$119.6828(2)	278,869	I	See footnote(12)
Class A Common Stock	09/02/2025		S(1)		419	D	$120.4334(4)	278,450	I	See footnote(12)
Class A Common Stock	09/02/2025		S(1)		677	D	$121.4284(5)	277,773	I	See footnote(12)
Class A Common Stock	09/02/2025		S(1)		317	D	$122.6657(6)	277,456	I	See footnote(12)
Class A Common Stock	09/02/2025		S(1)		302	D	$123.5942(7)	277,154	I	See footnote(12)
Class A Common Stock	09/02/2025		S(1)		964	D	$124.7572(8)	276,190	I	See footnote(12)
Class A Common Stock	09/02/2025		S(1)		882	D	$125.6819(9)	275,308	I	See footnote(12)
Class A Common Stock	09/02/2025		S(1)		60	D	$126.2572(10)	275,248	I	See footnote(12)
Class A Common Stock								870,351	I	See footnote(13)

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

Explanation of Responses:

1. The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 15, 2024.

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $119.16 to $120.15, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) and (4) through (10) to this Form 4.

3. These shares are held directly by Fallen Leaf Revocable Trust for which the reporting person serves as trustee. The reporting person disclaims beneficial ownership of the shares except to the extent of his pecuniary interest therein.

4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $120.16 to $121.10, inclusive.

5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $121.16 to $122.12, inclusive.

6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $122.1675 to $123.10, inclusive.

7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $123.17 to $124.15, inclusive.

8. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $124.17 to $125.12, inclusive.

9. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $125.17 to $126.15, inclusive.

10. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $126.20 to $126.27, inclusive.

11. These shares are held directly by a trust for the son of the reporting person, for which the reporting person serves as co-trustee.

12. These shares are held directly by a trust for the daughter of the reporting person, for which the reporting person serves as co-trustee.

13. These shares are held directly by Fallen Leaf LLC - Sub Fund No. 1 for which the reporting person serves as managing member. The reporting person disclaims beneficial ownership of the shares except to the extent of his pecuniary interest therein.

	/s/ Anthony P. Lee	09/04/2025
	** 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 transactions did Anthony P. Lee report on Form 4 for RBLX?

The report discloses multiple dispositions of Class A common stock on 09/02/2025, executed pursuant to a Rule 10b5-1 trading plan adopted on November 15, 2024.

Were the sales executed under a trading plan?

Yes. Footnote 1 states the sales were effected pursuant to a Rule 10b5-1 plan adopted November 15, 2024.

What price information is provided for the sales?

Each sale line shows a weighted-average price and footnotes list the ranges (for example, one line reports $119.6822 with transactions ranging $119.16 to $120.15).

Does the filing disclose holdings held in trusts or other entities?

Yes. Footnotes state shares are held by Fallen Leaf Revocable Trust, trusts for the reporter's son and daughter (where he is co-trustee), and Fallen Leaf LLC - Sub Fund No. 1 (where he is managing member).

Did the Form 4 report any derivative securities?

No. Table II (derivative securities) lists no transactions or holdings in this filing.