Baszucki David 4

What Happened

• David Baszucki (reported as a 10% owner) converted 2,687,511 derivative securities/Class B shares into 2,687,511 shares of Roblox Class A Common Stock on April 2, 2026. The Form 4 reports the conversion as an acquisition of Class A shares and a corresponding disposition of the derivative security; the reported dollar amount is $0, meaning no cash changed hands in the conversion.

Key Details

• Transaction date: 2026-04-02; Filing date: 2026-04-03 (timely filing).
• Reported amounts: 2,687,511 shares acquired (Class A) and 2,687,511 derivative shares disposed; price reported = $0.00.
• Shares owned after transaction: the filing shows these shares are held directly by The Freedom Revocable Trust (see footnote) but does not disclose a total post-transaction ownership count in the provided excerpt.
• Footnotes of note:
  • F1/F4: Class B shares are convertible into Class A at the reporting person’s election (automatic conversion by 3/10/2036 or on certain events).
  • F2: The converted shares are held directly by The Freedom Revocable Trust (Reporting Person is trustee).
  • F3: A portion of the securities relate to Restricted Stock Units (RSUs), which are contingent rights to receive Class A shares.
• Transaction code: (C) — conversion of a derivative security (not a market purchase or sale).

Context

• This was a structural conversion of voting/derivative securities into Class A common shares, not an open-market buy or sale — therefore it does not signal a cash investment or divestiture. As a 10% owner and trustee, Baszucki’s conversion is an internal reclassification of holdings rather than a trade for proceeds.