Reinstra Mark 4
4 · Roblox Corp · Filed Feb 24, 2026
Research Summary
AI-generated summary of this filing
Roblox (RBLX) Chief Legal Officer Mark Reinstra Sells Shares
What Happened
- Mark Reinstra, Chief Legal Officer and Corporate Secretary of Roblox (RBLX), reported three open-market sales on Feb 20, 2026, disposing of a total of 17,186 shares for aggregate proceeds of approximately $1,058,762.
- 5,913 shares sold at an average price of $60.92 for about $360,220.
- 10,203 shares sold at an average price of $61.89 for about $631,464.
- 1,070 shares sold at an average price of $62.69 for about $67,078.
- The filing classifies these as sales (S). Footnotes indicate these transactions were largely “sell-to-cover” trades to satisfy statutory tax withholding in connection with RSU vesting, which is a routine administrative transaction rather than a discretionary market-timing sale.
Key Details
- Transaction date: February 20, 2026 (filed with the SEC on Feb 24, 2026).
- Prices: reported as averages; executed across multiple trades with noted ranges:
- 5,913-share lot executed in the ~$60.47–$61.45 range (avg $60.92).
- 10,203-share lot executed in the ~$61.47–$62.44 range (avg $61.89).
- 1,070-share lot executed in the ~$62.50–$63.01 range (avg $62.69).
- Reason/footnotes: F1 indicates sales were to cover tax withholding for RSU vesting; F3 notes some securities were RSUs (each RSU = contingent right to one share). Several footnotes (F6–F10) reference shares held in various trusts for which Reinstra serves as trustee (possible beneficial ownership implications).
- Shares owned after the transaction: not specified in the provided excerpt of the filing.
- Filing timeliness: The Form 4 was filed on Feb 24, 2026; given the Feb 20 trade date, this filing date is within the SEC’s two-business-day Form 4 deadline and appears timely.
Context
- Sell-to-cover transactions tied to RSU vesting are common and generally intended to meet tax obligations rather than signal a view on the company’s stock. The filing shows routine disposition activity by an insider following equity vesting.
Insider Transaction Report
Form 4
Roblox CorpRBLX
Reinstra Mark
Chief Legal Off. & Corp. Sec.
Transactions
- Sale
Class A Common Stock
[F1][F2][F3]2026-02-20$60.92/sh−5,913$360,220→ 388,409 total - Sale
Class A Common Stock
[F1][F4][F3]2026-02-20$61.89/sh−10,203$631,464→ 378,206 total - Sale
Class A Common Stock
[F1][F5][F3]2026-02-20$62.69/sh−1,070$67,078→ 377,136 total
Holdings
- 120,272(indirect: See footnote)
Class A Common Stock
[F6] - 33,538(indirect: See footnote)
Class A Common Stock
[F7] - 16,653(indirect: See Footnote)
Class A Common Stock
[F8] - 33,538(indirect: See footnote)
Class A Common Stock
[F9] - 16,653(indirect: See Footnotes)
Class A Common Stock
[F10]
Footnotes (10)
- [F1]Represents the number of shares sold to cover the statutory tax withholding obligations in connection with the vesting of Restricted Stock Units ("RSUs"). This sale was to satisfy tax withholding obligations to be funded by a "sell to cover" transaction.
- [F10]These shares are held directly by the Susan P. Reinstra 2022 Annuity Trust for which the Reporting Person serves as trustee. The spouse of the Reporting Person may be deemed to have beneficial ownership of the securities held by the Annuity Trust.
- [F2]The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $60.47 to $61.45, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F3]A portion of these securities are Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- [F4]The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $61.47 to $62.44, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F5]The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $62.50 to $63.01, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F6]These shares are held directly by the San Domenico Trust dated August 12, 1999 for which the Reporting Person serves as trustee. The Reporting Person may be deemed to have beneficial ownership over the securities held by the trust.
- [F7]These shares are held directly by the Mark L. Reinstra 2023 Annuity Trust for which the Reporting Person serves as trustee. The Reporting Person may be deemed to have beneficial ownership of the securities held by the Annuity Trust.
- [F8]These shares are held directly by the Mark L. Reinstra 2022 Annuity Trust for which the Reporting Person serves as trustee. The Reporting Person may be deemed to have beneficial ownership of the securities held by the Annuity Trust.
- [F9]These shares are held directly by the Susan P. Reinstra 2023 Annuity Trust for which the Reporting Person serves as trustee. The spouse of the Reporting Person may be deemed to have beneficial ownership of the securities held by the Annuity Trust.
Signature
/s/ Adele Freedman Attorney-in-Fact for Mark Reinstra|2026-02-24