Rawlings Amy Marie 4
4 · Roblox Corp · Filed Feb 24, 2026
Research Summary
AI-generated summary of this filing
Roblox (RBLX) Chief Accounting Officer Amy Rawlings Sells Shares
What Happened
Amy Marie Rawlings, Chief Accounting Officer at Roblox (RBLX), sold a total of 2,951 shares in open-market transactions on February 20, 2026. The sales were reported as: 1,205 shares at an average $60.98 ($73,481), 1,538 shares at an average $61.85 ($95,125), and 208 shares at an average $62.87 ($13,077) — total proceeds ≈ $181,683. Per the filing, these were sell-to-cover transactions to satisfy statutory tax withholding on vested Restricted Stock Units (RSUs).
Key Details
- Transaction date: 2026-02-20; Form 4 filed 2026-02-24 (timely within the 2 business-day window).
- Reported sale amounts/prices:
- 1,205 shares @ $60.98 (avg.; traded in range $60.49–$61.45)
- 1,538 shares @ $61.85 (avg.; traded in range $61.54–$62.32)
- 208 shares @ $62.87 (avg.; traded in range $62.70–$63.44)
- Total shares sold: 2,951; total proceeds ≈ $181,683.
- Purpose: Sell-to-cover to satisfy tax withholding on vested RSUs (footnotes F1 & F3).
- Additional notes: Average prices reported; the filer offers to provide exact per-trade splits on request (F2, F4, F5). Some holdings are held by The Rawlings Family Trust for which she is trustee and may be deemed a beneficial owner (F6).
- Shares held after the transactions: Not specified in this Form 4.
Context
These sales were specifically to cover tax withholding on RSU vesting (routine "sell-to-cover") and are not the same signal as an open-market discretionary sale or a large purchase. The filing reports average prices and price ranges because the shares were sold in multiple trades; the reporting person can provide precise per-trade details upon request. Routine tax-withholding sales are common and should be interpreted differently than voluntary sales or insider purchases.
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2][F3]2026-02-20$60.98/sh−1,205$73,481→ 34,451 total - Sale
Class A Common Stock
[F1][F4][F3]2026-02-20$61.85/sh−1,538$95,125→ 32,913 total - Sale
Class A Common Stock
[F1][F5][F3]2026-02-20$62.87/sh−208$13,077→ 32,705 total
- 14,197(indirect: See footnote)
Class A Common Stock
[F6]
Footnotes (6)
- [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.
- [F2]The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $60.49 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 $61.54 to $62.32, 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 $62.70 to $63.44, 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.
- [F6]These shares are held directly by the The Rawlings Family Trust 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.