Kaufman Matthew D 4

What Happened

• Matthew D. Kaufman, Chief Safety Officer of Roblox (RBLX), sold a total of 15,227 shares in open‑market transactions on February 20, 2026. The reported transactions were: 5,588 shares at $60.94 ($340,533), 8,589 shares at an average $61.88 ($531,487), and 1,050 shares at $62.73 ($65,867), for aggregate proceeds of about $937,887.
• According to the filing footnotes, at least some of these shares were sold to satisfy statutory tax withholding obligations in connection with the vesting of Restricted Stock Units (RSUs), i.e., a "sell to cover" transaction rather than a discretionary sale for investment purposes.

Key Details

• Transaction date: February 20, 2026 (reported on Form 4 filed Feb 24, 2026 — timely within the typical two business‑day window).
• Reported lots/prices: 5,588 @ $60.94; 8,589 @ $61.88 (average); 1,050 @ $62.73 (average). Total proceeds ≈ $937,887.
• Shares owned after the transactions: not specified in the filing.
• Footnotes: sale(s) performed to cover RSU tax withholding; parts of the sales were RSU-related (each RSU represents a right to receive one share); reported prices are averages and the filing gives price ranges for the component trades and offers to provide full per‑trade breakdown upon request.
• Transaction code: S = Sale; F (tax withholding/sell-to-cover) noted in footnotes.

Context

• Sell‑to‑cover transactions are routine when RSUs vest and typically reflect tax withholding obligations rather than a signal of the insider's market view.
• The filing is informational; it confirms disposition details and that the insider is complying with withholding requirements and SEC reporting rules.