STOCK TITAN

Roblox Corp (RBLX) CEO Baszucki sells 10,401 Class A shares

(Very High)
(Negative)
Form Type
4

Rhea-AI Filing Summary

David Baszucki, President & CEO and a 10% owner of Roblox Corp, sold 10,401 shares of Class A Common Stock on August 20, 2025, in multiple transactions at prices between $115.43 and $119.04 per share. After these sales he holds 201,158 shares directly and 1,075,006 shares indirectly through The Freedom Revocable Trust, and a portion of the shares sold covered statutory tax withholding tied to RSU vesting.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: Insider sales were routine sell-to-cover for RSU tax withholding; meaningful indirect holdings remain.

The transactions disclosed are labeled as sell-to-cover and explicitly tied to tax withholding for vested RSUs, indicating compensation-related liquidation rather than asset reallocation or diversification. Aggregate direct share counts decreased incrementally from 210,894 to 201,158 after four sale blocks totaling 10,401 shares across price bands between $115.43 and $119.04. The Reporting Person retains substantial economic exposure via 1,075,006 shares in a revocable trust, which is material relative to typical insider holdings and suggests ongoing alignment with shareholders. From a market-impact perspective these structured, compensation-driven disposals are unlikely to signal a change in corporate outlook.

TL;DR: Disclosure aligns with Section 16 requirements; sales documented with price ranges and explanatory footnotes.

The Form 4 provides the required itemization: transaction codes, share counts, average price ranges, and an explanation that sales satisfied statutory withholding for RSU vesting. The report identifies the Reporting Person's roles (President & CEO, Director, >10% owner) and the indirect trust ownership, which clarifies beneficial ownership structure. The presence of detailed footnotes offering to provide transaction-level breakdowns on request enhances transparency and compliance. This filing appears to meet disclosure standards for insider transactions without raising immediate governance red flags based on the information provided.

Insider Baszucki David
Role President & CEO
Sold 10,401 shs ($1.22M)
Type Security Shares Price Value
Sale Class A Common Stock 665 $115.9924 $77K
Sale Class A Common Stock 3,145 $116.9926 $368K
Sale Class A Common Stock 4,299 $118.002 $507K
Sale Class A Common Stock 2,292 $118.7003 $272K
holding Class A Common Stock -- -- --
Holdings After Transaction: Class A Common Stock — 201,158 shares (Direct); Class A Common Stock — 1,075,006 shares (Indirect, See Footnote)
Footnotes (7)
  1. F1. Represents the number of shares sold to cover the statutory tax withholding obligations in connection with the vesting of Restricted Stock Units ("RSUs"). This sale was to satisfy tax withholding obligations to be funded by a "sell to cover" transaction.
  2. F2. The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $115.43 to $116.29, inclusive. The Reporting Person undertakes to provide 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 range set forth in this footnote.
  3. F3. A portion of these securities are RSUs. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
  4. F4. The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $116.45 to $117.42, inclusive. The Reporting Person undertakes to provide 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 range set forth in this footnote.
  5. F5. The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $117.48 to $118.45, inclusive. The Reporting Person undertakes to provide 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 range set forth in this footnote.
  6. F6. The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $118.48 to $119.04, inclusive. The Reporting Person undertakes to provide 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 range set forth in this footnote.
  7. F7. These shares are held directly by The Freedom Revocable Trust dated February 28, 2017 as amended, and for which the Reporting Person serves as trustee.
Total shares sold 10,401 shares Aggregate Class A Common Stock sold by David Baszucki on August 20, 2025
Sale block 1 665 shares at $115.9924 First reported August 20, 2025 sale of Class A Common Stock
Sale block 2 3,145 shares at $116.9926 Second reported August 20, 2025 sale of Class A Common Stock
Sale block 3 4,299 shares at $118.0020 Third reported August 20, 2025 sale of Class A Common Stock
Sale block 4 2,292 shares at $118.7003 Fourth reported August 20, 2025 sale of Class A Common Stock
Direct holdings after sale 201,158 shares Canonical post-transaction direct Class A Common Stock held by David Baszucki
Indirect trust holdings 1,075,006 shares Class A Common Stock held indirectly by The Freedom Revocable Trust
Reported price range $115.43–$119.04 per share Footnotes describe multiple sale prices within this per-share range
Restricted Stock Units ("RSUs") financial
"A portion of these securities are RSUs. Each RSU represents a contingent right"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
sell to cover financial
"tax withholding obligations to be funded by a "sell to cover" transaction"
Sell to cover is when a person who receives company stock through options or awards sells just enough shares immediately to pay required taxes, exercise costs, or fees, keeping the rest. Think of it like cashing part of a bonus to cover the tax bill so you can keep the remainder. For investors, it can create predictable small selling pressure and slightly change the number of shares actually held by insiders without increasing long‑term dilution.
statutory tax withholding obligations financial
"shares sold to cover the statutory tax withholding obligations in connection"
Revocable Trust financial
"held directly by The Freedom Revocable Trust dated February 28, 2017"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

How many Roblox (RBLX) shares did CEO David Baszucki sell on August 20, 2025?

David Baszucki sold 10,401 shares of Roblox Class A Common Stock on August 20, 2025. Four sale transactions were reported that day at average prices between $115.43 and $119.04 per share, based on disclosed price ranges and per-share figures.

At what prices did David Baszucki's August 20, 2025 Roblox (RBLX) share sales occur?

The reported sale blocks were priced at averages of $115.9924, $116.9926, $118.0020 and $118.7003 per share. Footnotes describe these as averages for multiple trades, with overall prices ranging from $115.43 to $119.04 per share.

How many Roblox (RBLX) shares does David Baszucki hold directly after these transactions?

After the August 20, 2025 transactions, David Baszucki holds 201,158 shares of Roblox Class A Common Stock directly. This post-transaction balance reflects his remaining direct ownership, separate from his additional indirect holdings reported through The Freedom Revocable Trust.

What indirect Roblox (RBLX) holdings does David Baszucki report through The Freedom Revocable Trust?

Baszucki reports 1,075,006 shares of Roblox Class A Common Stock held indirectly by The Freedom Revocable Trust dated February 28, 2017. He serves as trustee of this revocable trust, and those shares are disclosed as indirect ownership associated with him.
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).
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*
Baszucki David

(Last) (First) (Middle)
C/O ROBLOX CORPORATION
3150 S. DELAWARE ST.

(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 X 10% Owner
X Officer (give title below) Other (specify below)
President & CEO
3. Date of Earliest Transaction (Month/Day/Year)
08/20/2025
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 08/20/2025 S(1) 665 D $115.9924(2) 210,894(3) D
Class A Common Stock 08/20/2025 S(1) 3,145 D $116.9926(4) 207,749(3) D
Class A Common Stock 08/20/2025 S(1) 4,299 D $118.002(5) 203,450(3) D
Class A Common Stock 08/20/2025 S(1) 2,292 D $118.7003(6) 201,158(3) D
Class A Common Stock 1,075,006 I See Footnote(7)
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. Represents the number of shares sold to cover the statutory tax withholding obligations in connection with the vesting of Restricted Stock Units ("RSUs"). This sale was to satisfy tax withholding obligations to be funded by a "sell to cover" transaction.
2. The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $115.43 to $116.29, inclusive. The Reporting Person undertakes to provide 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 range set forth in this footnote.
3. A portion of these securities are RSUs. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
4. The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $116.45 to $117.42, inclusive. The Reporting Person undertakes to provide 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 range set forth in this footnote.
5. The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $117.48 to $118.45, inclusive. The Reporting Person undertakes to provide 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 range set forth in this footnote.
6. The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $118.48 to $119.04, inclusive. The Reporting Person undertakes to provide 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 range set forth in this footnote.
7. These shares are held directly by The Freedom Revocable Trust dated February 28, 2017 as amended, and for which the Reporting Person serves as trustee.
Remarks:
/s/ Mark Reinstra Attorney-in-Fact for David Baszucki 08/22/2025
** 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.