Roblox Corporation (RBLX) – Form 4 insider transaction
Director Anthony P. Lee reported the sale of a total of 66,000 Class A common shares on 1 Jul 2025 through several trusts and entities he controls. The shares were disposed of under a pre-arranged Rule 10b5-1 trading plan adopted 15 Nov 2024. Weighted-average sale prices ranged from $103.60 to $105.12 per share.
Post-transaction, Lee and his affiliated entities continue to hold approximately:
- 6.73 million shares via Fallen Leaf Revocable Trust
- 0.28 million shares in a trust for his son
- 0.28 million shares in a trust for his daughter
- 0.87 million shares via Fallen Leaf LLC – Sub Fund No. 1
- 0.11 million shares via Altos Hybrid 4, L.P.
Total indirect beneficial ownership remains above 8.2 million shares, meaning the sale represents <1 % of his reported holdings and an even smaller fraction of Roblox’s total share count. No derivative securities were involved, and there were no purchases or option exercises reported.
The filing is routine and does not disclose any company-specific operational or financial developments. Insider disposition may attract attention, but the modest size and 10b5-1 plan lessen interpretative significance.
Roblox (NYSE:RBLX) filed a Form 4 on 26 Jun 2025 detailing CEO/Chairman David Baszucki’s insider transactions on 24-25 Jun 2025.
- Option exercises: 240,545 shares exercised at $3.405 (strike set 1/23/2030).
- Sales: 288,654 shares sold at an average ≈ $105.13, generating ≈ $30 million in gross proceeds.
- Gifts/Transfers: 64,162 shares donated or moved from The Freedom Revocable Trust to The Baszucki Family Foundation.
- Transactions executed under a Rule 10b5-1 plan adopted 04 Nov 2024.
- Baszucki’s post-transaction holdings: 211,559 shares directly; 138,044 shares in the Foundation; other trust holdings noted.
No new equity issued—these are secondary-market moves. While the sale is ~$30 m, it represents a small fraction of Baszucki’s multi-million-share stake.
Roblox Corporation (RBLX) – Form 144 filing dated 06/26/2025
The filing notifies the U.S. SEC of a proposed insider sale under Rule 144. The seller is The Baszucki Family Foundation, an entity related to co-founder & CEO David Baszucki (identified in the form as Director, Officer and 10 % stockholder). The foundation intends to sell 27,901 Class A common shares through Morgan Stanley Smith Barney LLC on or about 06/26/2025 via the NYSE. At the reference market price, the stake is valued at $2.87 million. Roblox reports 629.99 million shares outstanding, so the transaction equals roughly 0.004 % of shares outstanding.
The form also discloses extensive Rule 10b5-1 programmed sales executed during the past three months by David Baszucki, various family trusts and the foundation. Notable examples include a single-day sale of 687,500 shares on 06/05/2025 for $63.43 million and multiple other block sales exceeding 450,000 shares. Although an aggregate total is not provided, the data indicate tens of millions of shares and over $500 million in gross proceeds sold during the period.
The seller certifies that no undisclosed material adverse information is known and states that the 10b5-1 plan governing the trades was adopted on 11/04/2024. No additional financial performance metrics or business updates are included in this filing.
Roblox (RBLX) Form 144 filing reveals significant insider selling activity by CEO David Baszucki and related entities. The filing details a proposed sale of 47,928 shares with an aggregate market value of $5,021,895.84, to be executed through Morgan Stanley Smith Barney LLC.
Over the past 3 months, substantial insider sales have occurred:
- David Baszucki (direct sales and 10b5-1 plans): approximately 4.7 million shares worth over $400 million
- The Baszucki Family Foundation: about 920,000 shares worth approximately $87 million
- 2020 Jan Baszucki Gift Trust: roughly 725,000 shares worth about $69 million
These sales were executed through pre-planned 10b5-1 trading arrangements and direct market transactions. The company has 629,990,658 shares outstanding. The consistent large-scale selling by insiders may warrant investor attention.
Form 144 Notice filed for Roblox Corporation (RBLX) indicates a proposed sale of 38,523 common shares with an aggregate market value of $3,986,745.27. The sale is to be executed through Morgan Stanley Smith Barney LLC on the NYSE, with an approximate sale date of June 24, 2025.
The securities were originally acquired as Founders Shares from the issuer on April 6, 2004. Notable recent trading activity over the past 3 months includes:
- Significant 10b5-1 planned sales by David Brent Baszucki, The Baszucki Family Foundation, and related trusts
- Total sales volume exceeding 6 million shares across all related entities
- Largest single-day transaction was 1,375,002 shares sold on May 5, 2025, worth approximately $99.3 million
This filing represents continued systematic selling under various 10b5-1 trading plans by company insiders and related entities, indicating a structured approach to portfolio diversification.