Founder David Baszucki Holds 7.0% of Class A via Trusts — RBLX Filing

Rhea-AI Filing Summary

Roblox founder David Baszucki and related trusts filed an amended Schedule 13G disclosing beneficial ownership positions in Roblox Corporation (CUSIP 771049103). The filing reports Mr. Baszucki's aggregate beneficial ownership as 48,349,998 shares, representing 7.0% of the issuer's Class A stock on the stated basis. The filing breaks out sole and shared voting and dispositive power, showing Mr. Baszucki with 35,568,524 shares of sole voting power and 12,781,474 shares of shared voting power.

Separate reporting persons include The Freedom Revocable Trust (23,107,510 shares, 3.5%), the 2020 David Baszucki Gift Trust (12,781,474 shares, 1.9%), and the 2020 Jan Baszucki Gift Trust (12,406,486 shares, 1.9%). Percentage figures are based on 645,032,994 Class A shares outstanding as of July 15, 2025, and assume conversion of specified Class B shares and inclusion of 20,664 RSU shares.

Positive

• The filing provides transparent, itemized disclosure of beneficial ownership across the founder and affiliated trusts, improving clarity for investors.
• David Baszucki retains substantial voting and dispositive power (35,568,524 sole voting; 35,568,524 sole dispositive), making control lines explicit.
• Ownership percentages are calculated using a disclosed base (645,032,994 Class A shares as of July 15, 2025) and specified assumptions, aiding reproducibility of the percentage figures.

Negative

• None.

Insights

Securities Analyst

TL;DR Founder reports significant combined holdings (48.35M shares, 7.0%), disclosed through trusts; routine disclosure with governance implications.

The Schedule 13G/A provides a clear snapshot of beneficial ownership by David Baszucki and affiliated trusts. The filing quantifies both sole and shared voting and dispositive powers, clarifying control lines between Mr. Baszucki personally and trusts for which he or his spouse exercise control. The ownership figures are calculated using the issuer's stated Class A share count as of July 15, 2025, and rely on specified conversion assumptions for Class B shares and RSUs. As a disclosure document rather than a change-action filing, it primarily updates public record rather than signaling a transaction.

Corporate Governance Expert

TL;DR Concentrated founder-aligned voting power remains via Class B holdings and trusts; material for shareholder voting outcomes but is routine disclosure.

The filing highlights the structure through which founder influence is maintained: a mix of Class A and Class B shares held directly and in trusts, with specified sole and shared voting powers. The Freedom Revocable Trust and two gift trusts account for large blocks of Class B shares that, under the stated conversion assumptions, contribute to the reported percentage of Class A-equivalent ownership. This ownership profile is relevant to governance analysis because it clarifies who holds voting and dispositive authority, but the document itself does not report any new transfers or changes beyond the reporting update.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 4)

Roblox Corporation

(Name of Issuer)

Class A common stock, $0.0001 par value per share

(Title of Class of Securities)

771049103

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 771049103

1

Names of Reporting Persons

David Baszucki

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 35,568,524.00
6	Shared Voting Power 12,781,474.00
7	Sole Dispositive Power 35,568,524.00
8	Shared Dispositive Power 12,781,474.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

48,349,998.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

7.0 %

12

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person: Includes (i) 33,864 shares of Class A common stock held by Mr. Baszucki; (ii) 12,781,474 shares of Class B common stock held of record by the 2020 David Baszucki Gift Trust for which Mr. Baszucki's spouse serves as the party who exercises voting and investment control; (iii) 81,815 shares of Class A common stock and 23,025,695 shares of Class B common stock held of record by The Freedom Revocable Trust dated February 28, 2017, as amended for which Mr. Baszucki serves as trustee and exercises voting and investment control; (iv) 12,406,486 shares of Class B common stock held of record by the 2020 Jan Baszucki Gift Trust for which Mr. Baszucki serves as the party who exercises voting and investment control; and (v) 20,664 shares of Class A common stock issuable upon the settlement of restricted stock units, or RSUs, within 60 days of June 30, 2025. Percentage ownership based on 645,032,994 shares of Class A common stock of the Issuer outstanding as of July 15, 2025, as reported in the Issuer's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on July 31, 2025, and assumes that (i) 48,213,655 shares of Class B common stock are converted into Class A common stock, and (ii) 20,664 shares of Class A common stock issuable upon the settlement of RSUs, are deemed outstanding pursuant to SEC Rule 13d-3(d)(1)(i).

SCHEDULE 13G

CUSIP No. 771049103

1

Names of Reporting Persons

The Freedom Revocable Trust dtd 02/28/2017

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 23,107,510.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 23,107,510.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

23,107,510.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

3.5 %

12

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person: Percentage ownership based on 645,032,994 shares of Class A common stock of the Issuer outstanding as of July 15, 2025, as reported in the Issuer's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on July 31, 2025, and assumes that 23,025,695 shares of Class B common stock are converted into Class A common stock and are deemed outstanding pursuant to SEC Rule 13d-3(d)(1)(i).

SCHEDULE 13G

CUSIP No. 771049103

1

Names of Reporting Persons

2020 David Baszucki Gift Trust

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 12,781,474.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 12,781,474.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

12,781,474.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

1.9 %

12

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person: Percentage ownership based on 645,032,994 shares of Class A common stock of the Issuer outstanding as of July 15, 2025, as reported in the Issuer's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on July 31, 2025, and assumes that 12,781,474 shares of Class B common stock are converted into Class A common stock and are deemed outstanding pursuant to SEC Rule 13d-3(d)(1)(i).

SCHEDULE 13G

CUSIP No. 771049103

1

Names of Reporting Persons

2020 Jan Baszucki Gift Trust

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 12,406,486.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 12,406,486.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

12,406,486.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

1.9 %

12

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person: Percentage ownership based on 645,032,994 shares of Class A common stock of the Issuer outstanding as of July 15, 2025, as reported in the Issuer's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on July 31, 2025, and assumes that 12,406,486 shares of Class B common stock are converted into Class A common stock and are deemed outstanding pursuant to SEC Rule 13d-3(d)(1)(i).

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Roblox Corporation
(b)	Address of issuer's principal executive offices: 3150 South Delaware Street, San Mateo, CA, 94403
Item 2.
(a)	Name of person filing: Each of the following is a reporting person ("Reporting Person"): David Baszucki The Freedom Revocable Trust dated February 28, 2017 as amended 2020 David Baszucki Gift Trust 2020 Jan Baszucki Gift Trust
(b)	Address or principal business office or, if none, residence: The address for the principal business office of Mr. Baszucki and The Freedom Revocable Trust dtd 02/28/2017 is: c/o Roblox Corporation 3150 South Delaware Street San Mateo, California 94403 The address for the principal business office of the 2020 David Baszucki Gift Trust and the 2020 Jan Baszucki Gift Trust is: c/o Bessemer Trust Company of Delaware, N.A., Trustee 20 Montchanin Road, Suite 1500 Wilmington, Delaware 19807
(c)	Citizenship: Reference is made to the response to item 4 on each of pages 2-5 of this Schedule 13G (this "Schedule"), which responses are incorporated herein by reference.
(d)	Title of class of securities: Class A common stock, $0.0001 par value per share
(e)	CUSIP No.: 771049103
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: Reference is made to the response to item 9 on each of pages 2-5 of this Schedule which responses are incorporated herein by reference.
(b)	Percent of class: Reference is made to the response to item 11 on each of pages 2-5 of this Schedule which responses are incorporated herein by reference.
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: Reference is made to the response to item 5 on each of pages 2-5 of this Schedule which responses are incorporated herein by reference.
	(ii) Shared power to vote or to direct the vote: Reference is made to the response to item 6 on each of pages 2-5 of this Schedule which responses are incorporated herein by reference.
	(iii) Sole power to dispose or to direct the disposition of: Reference is made to the response to item 7 on each of pages 2-5 of this Schedule which responses are incorporated herein by reference.
	(iv) Shared power to dispose or to direct the disposition of: Reference is made to the response to item 8 on each of pages 2-5 of this Schedule which responses are incorporated herein by reference.
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.	Certifications:
	Not Applicable

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

David Baszucki

Signature:	/s/ David Baszucki
Name/Title:	David Baszucki
Date:	08/12/2025

The Freedom Revocable Trust dtd 02/28/2017

Signature:	/s/ David Baszucki
Name/Title:	David Baszucki / Trustee
Date:	08/12/2025

2020 David Baszucki Gift Trust

Signature:	/s/ Bessemer Tr. Co. of DE, N.A., TTEE by Julia E. Coombs, Principal
Name/Title:	Julia Coombs/ Principal, Senior Trust Officer/Assistant Fiduciary Counsel
Date:	08/12/2025

2020 Jan Baszucki Gift Trust

Signature:	/s/ Bessemer Tr. Co. of DE, N.A., TTEE by Julia E. Coombs, Principal
Name/Title:	Julia Coombs/ Principal, Senior Trust Officer/Assistant Fiduciary Counsel
Date:	08/12/2025

Comments accompanying signature: Joint Filing Agreement, dated as of February 14, 2022, filed with the SEC on February 14, 2022 (File No. 005-93391) as Exhibit A to Schedule 13G

Exhibit Information

Joint Filing Agreement

FAQ

What percentage of Roblox (RBLX) Class A does David Baszucki beneficially own?

The filing reports an aggregate beneficial ownership of 48,349,998 shares, representing 7.0% of Class A common stock on the stated basis.

How many shares does The Freedom Revocable Trust report owning in RBLX?

The Freedom Revocable Trust reports beneficial ownership of 23,107,510 shares, representing 3.5% of Class A on the stated basis.

What voting power does David Baszucki have according to the filing?

Mr. Baszucki is reported to have 35,568,524 shares of sole voting power and 12,781,474 shares of shared voting power.

What assumptions underlie the percentage ownership calculations in the filing?

Percentages are based on 645,032,994 Class A shares outstanding as of July 15, 2025, and assume conversion of specified Class B shares and inclusion of 20,664 RSU shares as described in the filing.

What are the key trust holdings disclosed in the filing?

Disclosed trust holdings include the Freedom Revocable Trust (23,107,510 shares), the 2020 David Baszucki Gift Trust (12,781,474 shares), and the 2020 Jan Baszucki Gift Trust (12,406,486 shares).

When was the Schedule 13G event date and when was it signed?

The date of the event requiring the filing is 06/30/2025, and the signatures on the amended Schedule 13G are dated 08/12/2025.