Chakravarthy Arvind 4
4 · Roblox Corp · Filed Feb 24, 2026
Research Summary
AI-generated summary of this filing
Roblox (RBLX) Chief People & Systems Officer Arvind Chakravarthy Sells Shares
What Happened
- Arvind Chakravarthy, Roblox’s Chief People & Systems Officer, disposed of a total of 21,413 shares on Feb 20, 2026 in open-market sales. The three reported disposals were: 7,655 shares at an average price of $60.95 (≈ $466,572), 12,439 shares at an average price of $61.90 (≈ $769,974), and 1,319 shares at an average price of $62.69 (≈ $82,688). Total proceeds were approximately $1,319,234.
- These sales were sell-to-cover transactions tied to RSU vesting (i.e., shares sold to satisfy tax-withholding obligations), not open-market purchases.
Key Details
- Transaction date: February 20, 2026; Form 4 filed February 24, 2026 (reporting period: 2/20/2026).
- Reported prices are averages across multiple executions with ranges: 60.49–61.47; 61.50–62.46; and 62.51–62.99 (per filing footnotes).
- Total shares sold: 21,413; total proceeds: ≈ $1.32 million.
- Purpose: Sell-to-cover to satisfy statutory tax withholding related to Restricted Stock Units (RSUs). The filing notes that a portion of the securities were RSUs and that RSUs represent contingent rights to receive shares.
- Holdings after the transactions are not specified in the provided filing details.
- The filing also discloses a related transfer: 41,568 shares were transferred to the Jain Chakravarthy Living Trust on Feb 18, 2026; the reporting person is trustee and may be deemed to have beneficial ownership of trust-held shares.
Context
- Sell-to-cover transactions are routine when RSUs vest and are typically executed solely to cover tax withholding; they do not necessarily signal a change in the insider’s view of the company.
- The filing identifies RSU-related withholding (not a planned open-market divestiture for investment reasons). The trust transfer is a separate non-sale transfer that may affect reported beneficial ownership.
Insider Transaction Report
Form 4
Roblox CorpRBLX
Chakravarthy Arvind
Chief People & Systems Officer
Transactions
- Sale
Class A Common Stock
[F1][F2][F3][F4]2026-02-20$60.95/sh−7,655$466,572→ 191,347 total - Sale
Class A Common Stock
[F1][F5][F3][F4]2026-02-20$61.90/sh−12,439$769,974→ 178,908 total - Sale
Class A Common Stock
[F1][F6][F3][F4]2026-02-20$62.69/sh−1,319$82,688→ 177,589 total
Holdings
- 41,568(indirect: See Footnote)
Class A Common Stock
[F4][F7]
Footnotes (7)
- [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 $61.47, 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 reported amount reflects the transfer of 41,568 shares transferred by the Reporting Person to the Jain Chakravarthy Living Trust on February 18, 2026. The Reporting Person serves as trustee of the trust.
- [F5]The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $61.50 to $62.46, 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]The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $62.51 to $62.99, 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.
- [F7]These shares are held directly by Jain Chakravarthy Living Trust. The Reporting Person may be deemed to have beneficial ownership over the securities held by the trust.
Signature
/s/ Adele Freedman Attorney-in-Fact for Arvind Chakravarthy|2026-02-24