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Roblox Corp·4

Mar 3, 4:30 PM ET

Reinstra Mark 4

4 · Roblox Corp · Filed Mar 3, 2026

Research Summary

AI-generated summary of this filing

Updated

Roblox (RBLX) CLO Mark Reinstra Receives RSU & PSU Awards

What Happened

  • Mark Reinstra, Roblox’s Chief Legal Officer and Corporate Secretary, received equity awards on March 1, 2026: 96,790 restricted stock units (RSUs) and 104,236 performance stock units (PSUs). Both awards were granted with a $0 purchase price (standard for equity compensation).
  • RSUs: each RSU represents a contingent right to one share of Class A common stock and will vest over time (see vesting schedule below). PSUs: each PSU is a contingent right to one share and vesting is performance-based (see below); the 104,236 figure represents the maximum number of shares that may be issued under the PSU award.

Key Details

  • Transaction date: 2026-03-01; Grant type: A (award/grant); Price: $0.00.
  • RSU vesting: 1/12th of the RSUs vest on May 20, 2026 and then 1/12th quarterly thereafter, subject to continued service.
  • PSU vesting: contingent on achievement of bookings and Covenant Adjusted EBITDA margin targets for two successive one‑year periods (beginning Jan 1, 2026) and a relative total shareholder return target over Jan 1, 2026–Dec 31, 2027; vesting (up to 100% of eligible PSUs) occurs after certification by the compensation committee following the performance period.
  • “104,236” PSUs represents the maximum potential payout under the award (performance contingent).
  • Shares owned after the transaction: not stated in the provided excerpt of the filing.
  • Filing timeliness: Reported Period 2026-03-01, filed 2026-03-03 — appears timely (not marked late).

Context

  • RSUs and PSUs are compensation awards, not open-market purchases or sales; RSUs vest based on continued service, PSUs depend on both service and company performance. These awards are common for senior executives and are intended to align pay with long-term company results.
  • Because PSUs are performance-contingent, the actual number of shares that will be issued (if any) depends on future results and committee certification — they are not immediate share issuances.

Insider Transaction Report

Form 4
Period: 2026-03-01
Roblox CorpRBLX
Reinstra Mark
Chief Legal Off. & Corp. Sec.
Transactions
  • Award

    Class A Common Stock

    [F1][F2][F3]
    2026-03-01+96,790→ 474,126 total
  • Award

    Performance Stock Unit

    [F9][F10][F11]
    2026-03-01+104,236→ 104,236 total
    → Class A Common Stock (104,236 underlying)
Holdings

  • Class A Common Stock

    [F4]
    (indirect: See footnote)
    120,272

  • Class A Common Stock

    [F5]
    (indirect: See footnote)
    33,538

  • Class A Common Stock

    [F6]
    (indirect: See Footnote)
    16,653

  • Class A Common Stock

    [F7]
    (indirect: See footnote)
    33,538

  • Class A Common Stock

    [F8]
    (indirect: See Footnotes)
    16,653
Footnotes (11)
  • [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.
  • [F10]Represents that maximum number of shares of Class A Common Stock which may be issued under this award.
  • [F11]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.
  • [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]Includes 200 shares acquired by the Reporting Person on February 25, 2026 pursuant to the Issuer's 2020 Employee Stock Purchase Plan.
  • [F4]These shares are held directly by the San Domenico Trust dated August 12, 1999 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.
  • [F5]These shares are held directly by the Mark L. Reinstra 2023 Annuity Trust for which the Reporting Person serves as trustee. The Reporting Person may be deemed to have beneficial ownership of the securities held by the Annuity Trust.
  • [F6]These shares are held directly by the Mark L. Reinstra 2022 Annuity Trust for which the Reporting Person serves as trustee. The Reporting Person may be deemed to have beneficial ownership of the securities held by the Annuity Trust.
  • [F7]These shares are held directly by the Susan P. Reinstra 2023 Annuity Trust for which the Reporting Person serves as trustee. The spouse of the Reporting Person may be deemed to have beneficial ownership of the securities held by the Annuity Trust.
  • [F8]These shares are held directly by the Susan P. Reinstra 2022 Annuity Trust for which the Reporting Person serves as trustee. The spouse of the Reporting Person may be deemed to have beneficial ownership of the securities held by the Annuity Trust.
  • [F9]Each performance stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.
Signature
/s/ Mark Reinstra|2026-03-03

Documents

1 file
  • 4
    wk-form4_1772573406.xmlPrimary

    FORM 4