Baszucki David 4

What Happened

• David Baszucki (reported as a 10% owner) disposed of a total of 10,834 Roblox shares in open‑market sales on February 20, 2026. The three reported lots were: 4,045 shares at an average price near $60.97 ($246,624), 6,019 shares at an average near $61.93 ($372,757), and 770 shares at an average near $62.76 ($48,325), for combined proceeds of about $667,706.
• The filing and footnotes indicate these sales were primarily "sell to cover" transactions tied to the vesting of Restricted Stock Units (RSUs), i.e., shares sold to satisfy tax withholding on RSU vesting rather than a discretionary open‑market divestiture.

Key Details

• Transaction date: February 20, 2026; Form 4 filed Feb 24, 2026 (filed within the required period).
• Reported lots/prices (averages and ranges per footnotes): ~4,045 @ ~$60.97, ~6,019 @ ~$61.93, ~770 @ ~$62.76 (individual sale prices reported in ranges across the lots).
• Total shares sold: 10,834; approximate total proceeds: $667,706.
• Footnotes of note:
  • F1/F3: Transactions relate to RSUs (each RSU converts to one share) and sales were to satisfy statutory tax withholding (sell‑to‑cover).
  • F2/F4/F5: Reported prices are averages; shares were sold in multiple transactions at prices within the ranges stated in the filing.
  • F6: Some shares are held in The Freedom Revocable Trust dated Feb 28, 2017, for which Baszucki is trustee.
• Shares owned after transaction: not specified in the provided data.

Context

• These were sales to cover taxes on vested RSUs (routine, administrative sell‑to‑cover), which are generally neutral in terms of signalling management sentiment compared with open‑market discretionary sales.
• Baszucki is a large (10%) insider; such sell‑to‑cover activity is common when executives receive equity compensation. The filing does not indicate options exercised or gifts.