Kaufman Matthew D 4
4 · Roblox Corp · Filed May 22, 2026
Research Summary
AI-generated summary of this filing
Roblox (RBLX) Chief Safety Officer Matthew D. Kaufman Sells Shares
What Happened
Matthew D. Kaufman, Roblox's Chief Safety Officer, reported three open-market sales on May 20, 2026 totaling 14,356 shares for aggregate proceeds of approximately $649,955. The sales were recorded as: 1,410 shares at a weighted avg. $44.42 ($62,638), 12,756 shares at a weighted avg. $45.36 ($578,598), and 190 shares at a weighted avg. $45.89 ($8,719). All transactions are coded as sales (S).
Key Details
- Transaction date: May 20, 2026 (Form 4 filed May 22, 2026 — within the two-business-day reporting window).
- Sale line details and price ranges:
- 1,410 shares, weighted avg $44.42 (executions ranged $43.88–$44.87).
- 12,756 shares, weighted avg $45.36 (executions ranged $44.88–$45.83).
- 190 shares, weighted avg $45.89 (executions ranged $45.89–$45.90).
- Total shares sold: 14,356; total proceeds: ~$649,955.
- Footnotes: the filings indicate these sales were sell-to-cover transactions to satisfy statutory tax withholding arising from RSU/PSU vesting (mandatory, not discretionary). Some securities involved were Restricted Stock Units (RSUs); footnotes also state detailed per-price execution breakdowns are available on request.
- Shares owned after the transactions: not disclosed in the provided filing excerpt.
Context
Sell-to-cover transactions are common when RSUs/PSUs vest — the company or broker sells a portion of the vested shares to cover required taxes. Such mandatory tax-withholding sales do not necessarily reflect an insider's view on the company’s prospects.
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2][F3]2026-05-20$44.42/sh−1,410$62,638→ 362,910 total - Sale
Class A Common Stock
[F1][F4][F3]2026-05-20$45.36/sh−12,756$578,598→ 350,154 total - Sale
Class A Common Stock
[F1][F5][F3]2026-05-20$45.89/sh−190$8,719→ 349,964 total
Footnotes (5)
- [F1]Represents the number of shares sold to cover statutory tax withholding obligations arising in connection with the vesting of certain Restricted Stock Units ("RSUs") and Performance Stock Units ("PSUs"). These shares were sold pursuant to a mandatory "sell-to-cover" arrangement under the Issuer's equity incentive plan to satisfy tax withholding obligations and do not represent a discretionary transaction by the Reporting Person.
- [F2]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.88 to $44.87, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F3]A portion of 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.
- [F4]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $44.88 to $45.83, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F5]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.89 to $45.90, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.