Roblox Insider Filing: Baszucki Gifts 150K Shares, Sells 211,559 RSUs
Rhea-AI Filing Summary
David Baszucki, Roblox Corporation President & CEO, filed a Form 4 reporting transactions dated 08/14/2025. The filing shows a disposal of 150,000 shares of Class A common stock attributed to a gift to a donor-advised fund and an additional disposal of 211,559 Class A shares (a portion of which are Restricted Stock Units). Following the reported transactions, the filing discloses beneficial ownership of 1,075,006 Class A shares held indirectly through The Freedom Revocable Trust (dated February 28, 2017), for which Baszucki serves as trustee. The Form 4 was signed by an attorney-in-fact on 08/18/2025.
Positive
- 150,000 shares were transferred as a gift to a donor-advised fund, indicating charitable disposition rather than an open-market sale
Negative
- 361,559 Class A shares disposed on 08/14/2025 (150,000 gift plus 211,559 disposed), representing reported insider share reductions
- Price not disclosed for the 211,559-share disposition within the filing, limiting transparency on economic terms
Insights
TL;DR: CEO reported sizable share disposals including a charitable gift; holdings remain concentrated through a revocable trust.
The filing documents two disposals on 08/14/2025: 150,000 shares transferred as a gift to a donor-advised fund and 211,559 shares disposed, partially representing RSUs. The reporting person retains material indirect ownership of 1,075,006 Class A shares via The Freedom Revocable Trust, where he serves as trustee. Transactions were executed under the reporting person’s control and documented by an attorney-in-fact signature. These are standard Section 16 disclosures reflecting personal liquidity and philanthropic activity rather than corporate governance changes.
TL;DR: Insider sold a total of 361,559 Class A shares (including RSUs/gift); significant indirect stake remains.
The Form 4 reports disposals totaling 361,559 Class A shares on 08/14/2025, with 150,000 expressly noted as a gift to a donor-advised fund and 211,559 noted with a component of Restricted Stock Units. Post-transaction beneficial ownership of 1,075,006 shares is held indirectly in a named revocable trust. The filing provides clear transaction codes and footnotes describing the nature of the transfers, but it does not state prices for the 211,559-share disposition.