Baszucki David 4

What Happened

• David Baszucki (reported as a 10% owner) sold a total of 50,628 shares of Roblox (RBLX) on May 20, 2026, generating approximately $2,292,447 in proceeds. The sales were reported in three lots: 4,686 shares at $44.40 ($208,041), 45,042 shares at $45.36 ($2,043,101), and 900 shares at $45.89 ($41,305).
• According to the filing footnotes, these sales were made to satisfy statutory tax withholding obligations in connection with the vesting of RSUs and PSUs (a mandatory "sell-to-cover"), not discretionary open-market selling.

Key Details

• Transaction date: May 20, 2026; Form 4 filed May 22, 2026 (appears timely).
• Lots and pricing:
  • 4,686 shares @ reported weighted avg $44.40 (actual trade prices ranged $43.83–$44.81).
  • 45,042 shares @ reported weighted avg $45.36 (range $44.86–$45.85).
  • 900 shares @ reported weighted avg $45.89 (range $45.88–$45.93).
• Total shares sold: 50,628; total proceeds ≈ $2.29 million.
• Footnotes: F1 indicates sales were to cover tax withholding on vested RSUs/PSUs (mandatory sell-to-cover). F3 confirms some securities were RSUs; F6 notes some shares are held directly by The Freedom Revocable Trust, for which Baszucki is trustee.
• Shares owned after transaction: not specified in the information provided.

Context

• These transactions are labeled as tax-withholding "sell-to-cover" sales tied to equity vesting, which are routine and do not necessarily indicate a change in the insider’s view of the company. Purchases generally signal stronger insider conviction than sell-to-cover transactions.