Kaufman Matthew D 4

What Happened

• Matthew D. Kaufman, Chief Safety Officer at Roblox (RBLX), had performance stock units (PSUs) convert to 97,522 shares (conversion at $0.00) following certification of performance on Feb 9, 2026.
• Following the conversion, Kaufman sold 27,634 shares at an average price of $72.61 and 2,400 shares at an average price of $73.15 on Feb 10, 2026, generating total proceeds of about $2.18 million. These sales were sell-to-cover transactions to satisfy statutory tax withholding obligations, not discretionary open-market trades.

Key Details

• Transaction dates: PSU certification/conversion on Feb 9, 2026; sales on Feb 10, 2026. Filing date: Feb 11, 2026 (timely).
• Conversion price: $0.00 per share (PSUs/derivative conversion).
• Sales: 27,634 shares @ avg $72.61 (range $72.01–$73.00) and 2,400 shares @ avg $73.15 (range $73.02–$73.35). Total proceeds ≈ $2,182,105.
• Shares sold were to cover tax withholding (sell-to-cover) per filing footnote — not a discretionary sale.
• Vesting details: 65,340 PSUs vested immediately upon committee certification; the remaining 32,182 PSUs are scheduled to vest in quarterly installments (8,045 / 8,046 / 8,045 / 8,046) through Feb 20, 2027, subject to continued service and earlier-stated performance conditions.
• Shares owned after the transactions are not specified in the Form 4 filing.

Context

• These were performance-based awards (PSUs) converting to shares; a portion was sold immediately to meet tax withholding. That is common administrative activity and does not by itself indicate an insider trading signal.
• PSUs/RSUs represent contingent rights to receive Class A common stock upon satisfaction of performance and service conditions.