Roblox Corp·4

May 7, 4:22 PM ET

Baszucki Gregory 4

Research Summary

AI-generated summary

Updated

Roblox (RBLX) Director Greg Baszucki Sells 16,666 Shares

What Happened

  • Greg (Gregory) Baszucki, a director of Roblox Corp (RBLX), sold a total of 16,666 shares in open-market transactions on May 5, 2026, generating approximately $749,426 in proceeds. The eight reported dispositions show average prices reported at $44.09, $45.24, $45.84 and $47.04 (sales were executed in multiple trades with prices ranging from $43.59 to $47.14 per share). These were sales (not purchases) and were effected pursuant to a Rule 10b5-1 trading plan adopted by Mr. Baszucki on November 28, 2025.

Key Details

  • Transaction date: May 5, 2026 (Form 4 filed May 7, 2026).
  • Shares sold: 16,666 total across eight reported dispositions.
  • Proceeds: approximately $749,426 total.
  • Price details: reported average prices per block were $44.09, $45.24, $45.84 and $47.04; overall executed trade prices ranged $43.59–$47.14 (see footnotes F2–F6 for per-trade price breakdowns).
  • Holdings/beneficial ownership notes: some shares are held in trusts and a Roth IRA (footnotes F3, F7, F9, F10); the reporting person may be deemed to have beneficial ownership of trust-held shares.
  • RSUs: a portion of the reporting person’s securities are Restricted Stock Units (RSUs) (F8).
  • Filing timeliness: filing appears timely (transaction reported May 5; Form 4 filed May 7); no late filing flag noted.

Context

  • These sales were done under a pre-established 10b5-1 plan, which is a common mechanism trustees/executives use to sell shares on a preset schedule and does not, by itself, indicate a change in the insider’s view of the company. For retail investors, purchases by insiders are typically more informative than routine plan-driven sales.