Roblox Insider Report: Baszucki Sells Shares, Retains 1.075M Trust Holdings

Rhea-AI Filing Summary

David Baszucki, President & CEO, Director and >10% owner of Roblox Corporation (RBLX), reported multiple sales of Class A common stock on 08/20/2025 tied to the vesting of restricted stock units (RSUs). The report shows four sell-to-cover transactions totaling 10,401 shares sold across price ranges from $115.43 to $119.04 with average prices reported per block and remaining directly held Class A shares falling from 210,894 to 201,158 after each sale. The filing also discloses 1,075,006 shares held indirectly in The Freedom Revocable Trust for which Baszucki is trustee. The form states the sales were executed solely to satisfy tax withholding obligations on RSU vesting.

Positive

• Transparent disclosure of sell-to-cover transactions with price ranges and offer to provide itemized transaction details on request
• Substantial indirect ownership of 1,075,006 shares in The Freedom Revocable Trust, indicating continued alignment with shareholders

Negative

• Reduction in direct holdings from 210,894 to 201,158 shares following the reported sell-to-cover transactions

Insights

Financial Analyst

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.

Corporate Governance Expert

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.

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
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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.

FAQ

What transactions did David Baszucki report on Form 4 for RBLX?

The Form 4 reports sell-to-cover transactions on 08/20/2025 disposing of a total of 10,401 Class A shares in four blocks tied to RSU tax withholding.

Why were the RBLX shares sold by the reporting person?

The filing states the sales were executed to satisfy statutory tax withholding obligations arising from the vesting of restricted stock units (RSUs).

How many RBLX shares does David Baszucki beneficially own after the reported transactions?

Following the reported sales, the number of directly held Class A shares reported was 201,158, and there are 1,075,006 shares held indirectly in The Freedom Revocable Trust.

What price ranges were reported for the RBLX share sales?

The footnotes disclose transaction price ranges across the blocks from $115.43 to $119.04, with average prices reported for each block.

Who signed the Form 4 on behalf of David Baszucki?

The Form 4 was signed by Mark Reinstra as Attorney-in-Fact for David Baszucki.