Mastantuono Gina 4

What Happened
Gina Mastantuono, a director of Roblox Corporation, reported the disposition of 1,125 shares of Class A common stock and the simultaneous acquisition of 1,125 shares of phantom stock on February 20, 2026. Both transactions were reported at $0.00 per share (no cash proceeds). This reflects a deferral of vested Restricted Stock Units (RSUs) — instead of receiving 1,125 actual shares at vesting, she received an equal number of phantom shares under Roblox’s deferred compensation plan.

Key Details

• Transaction date: 2026-02-20; Form 4 filed: 2026-02-24 (filed within the Rule 16b-3 timeframe).
• Reported transaction codes: “J” (other acquisition/disposition) for both the disposition of 1,125 shares and acquisition of 1,125 phantom shares.
• Price and value: $0.00 per share; no cash exchanged in this transaction.
• Shares owned after transaction: Not specified in the filing.
• Footnotes summary: Vesting of RSUs led to deferral of receipt (F1); some securities were RSUs (F2); each phantom share equals the right to one Class A share (F3); phantom stock pays out in one lump sum upon separation from service (F4).

Context
This was not an open-market sale or purchase — it was an administrative deferral election converting vested RSUs into phantom stock under the company plan. Phantom stock is a deferred compensation derivative that entitles the holder to receive the equivalent value (one share per phantom unit) later, typically on separation from service. Such deferrals are common for tax/compensation planning and do not directly indicate a buy or sell signal to the market.