Kaufman Matthew D 4
4 · Roblox Corp · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
Roblox (RBLX) Chief Safety Officer Matthew Kaufman Receives RSU/PSU Award
What Happened
Matthew D. Kaufman, Roblox’s Chief Safety Officer, received equity awards on March 1, 2026 totaling 177,803 units: 85,609 Restricted Stock Units (RSUs) and 92,194 derivative units (performance stock units/related contingent awards). Both grants were issued at $0.00 (no cash paid); they are contingent rights to receive Class A common stock subject to service and, for the performance units, achievement of specified performance targets. These are awards (not open‑market purchases or sales) and therefore routine compensation rather than a market sell/buy signal.
Key Details
- Transaction date: March 1, 2026; Form 4 filed March 3, 2026 (appears timely).
- Awards/price: 85,609 RSUs @ $0.00; 92,194 derivative units @ $0.00 (total 177,803 units). Reported cash value at grant: $0.
- Vesting (per filing footnotes):
- RSUs: 1/12th vest on May 20, 2026 and then 1/12th quarterly thereafter, subject to continued service.
- PSUs/derivative units: Vesting contingent on specified performance metrics (Bookings and Covenant Adjusted EBITDA margin over two successive one‑year periods beginning 1/1/2026, plus a relative total shareholder return target over 2026–2027). If targets are met and continued service maintained, up to the maximum number will vest following certification after 12/31/2027.
- Footnotes: F1–F5 describe RSU nature, portion of award as RSUs, PSUs as contingent rights, maximum issuance cap, and detailed performance vesting conditions.
- Shares owned after transaction: not specified in the provided filing summary.
Context
These awards are compensation grants (service- and performance‑conditioned equity) and do not represent an open‑market buy or sale. PSUs only convert to shares if performance goals are met and are certified by the company committee after the performance period; RSUs vest over time with continued employment. For retail investors, such grants signal executive alignment with long‑term performance goals but are not direct indicators of immediate insider buying or selling.
Insider Transaction Report
- Award
Class A Common Stock
[F1][F2]2026-03-01+85,609→ 377,645 total - Award
Performance Stock Unit
[F3][F4][F5]2026-03-01+92,194→ 92,194 total→ Class A Common Stock (92,194 underlying)
Footnotes (5)
- [F1]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. 1/12th of the RSUs shall vest on May 20, 2026 and 1/12th of the RSUs shall vest quarterly thereafter, subject to the Reporting Person continuing as a service provider through each such date.
- [F2]A portion of these securities are RSUs. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- [F3]Each performance stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- [F4]Represents that maximum number of shares of Class A Common Stock which may be issued under this award.
- [F5]The vesting of the performance stock units ("PSUs") is subject to satisfying performance-based requirements, including the achievement of certain Bookings and Covenant Adjusted EBITDA margin targets by the Issuer for two successive one-year periods beginning January 1, 2026 and a relative total shareholder return target by the Issuer during a two-year performance period from January 1, 2026 and December 31, 2027. Subject to continued service by the Reporting Person on the vesting date, 100% of the PSUs eligible to vest based on performance will vest following certification of performance results by our Leadership Development and Compensation Committee after the end of the two-year performance period on December 31, 2027.