[144] Viking Therapeutics, Inc SEC Filing

Rhea-AI Filing Summary

Form 144 filed for Roblox Corporation (NYSE: RBLX) discloses that insider Matthew D. Kaufman intends to sell up to 6,000 common shares on or about 3 July 2025 through Charles Schwab & Co. at an aggregate market value of $615,480. The block equals roughly 0.001 % of Roblox’s 629,990,658 shares outstanding.

The shares derive from equity compensation awards—restricted stock units that vested on 20 May 2023 (4,960 shares) and 20 Aug 2023 (1,040 shares). No cash consideration was paid when the awards vested.

Kaufman has been a frequent seller. During the past three months he executed six transactions totaling 51,021 shares for approximately $4.07 million in gross proceeds (dates: 3 Apr, 5 May, 15 May, 20 May, 5 Jun, 20 Jun 2025).

Under Rule 144, insiders must aggregate sales with other affiliates and certify that they possess no undisclosed material adverse information. The filing is LIVE, indicating an imminent transaction subject to customary Rule 144 volume and manner-of-sale limits.

While the upcoming sale is immaterial to Roblox’s float, ongoing disposals by a corporate insider can be monitored by investors as a potential sentiment signal.

Positive

• None.

Negative

• Repeated insider selling: Kaufman has already liquidated 51,021 shares for about $4.07 million in the last three months and now plans to sell 6,000 more.
• Potential negative sentiment signal: Continuous disposals, despite being a small percentage of the float, may be viewed unfavorably by some investors.

Insights

Securities Analyst

TL;DR: Small block (0.001%)—limited direct impact; worth tracking as part of continued insider selling trend.

The proposed 6,000-share sale represents a de-minimis slice of Roblox’s capital structure and should not, by itself, exert measurable market pressure. However, Kaufman’s cumulative sales of 57,021 shares year-to-date (~$4.69 million including this notice) illustrate a steady liquidation pattern. Although no performance metrics are provided, persistent insider selling sometimes precedes price weakness or reflects portfolio diversification needs. Given Roblox’s large float and daily volume, I view the filing as neutral in isolation but relevant for sentiment tracking.

Corporate Governance Expert

TL;DR: Recurrent insider disposals may raise governance and confidence questions despite minimal dilution.

Rule 144 filings help maintain transparency, yet investors often interpret continuous insider sales as a potential red flag. Kaufman’s six prior transactions within just three months, followed by another planned sale, could be perceived negatively—even though volume limits and certification of no undisclosed adverse information apply. The absence of a disclosed 10b5-1 plan date lessens clarity around whether trades are pre-scheduled. Therefore, I assign a mildly negative governance signal, albeit not materially damaging given the tiny fraction of outstanding shares involved.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	4266	118472.79	112309545	07/03/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	07/02/2025	Restricted stock vesting under a registered plan	Issuer			4266	07/02/2025	Not Applicable

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many Roblox (RBLX) shares does Matthew D. Kaufman plan to sell in this Form 144?

6,000 common shares are listed for sale.

What is the estimated market value of the proposed RBLX share sale?

The filing states an aggregate market value of $615,480.

When will the RBLX shares be sold according to the filing?

The approximate sale date is July 3, 2025.

How many Roblox shares has Kaufman sold in the past three months?

He sold 51,021 shares for roughly $4.07 million in gross proceeds.

What percentage of Roblox’s outstanding shares does the planned 6,000-share sale represent?

About 0.001 % of the 629,990,658 shares outstanding.

Which broker will execute the planned Roblox share sale?

The filing lists Charles Schwab & Co., Inc. as the broker.