Rawlings Amy Marie 4
Research Summary
AI-generated summary
Roblox (RBLX) Chief Accounting Officer Amy Rawlings Sells 2,895 Shares
What Happened
Amy Rawlings, Chief Accounting Officer of Roblox Corporation (RBLX), sold a total of 2,895 shares on May 20, 2026 in two transactions: 911 shares at a weighted-average price of $44.76 (≈ $40,780) and 1,984 shares at a weighted-average price of $45.46 (≈ $90,189), for total proceeds of approximately $130,969. These transactions are reported as sales (S) and were executed in the open market or pursuant to plan mechanics.
Key Details
- Transaction date: 2026-05-20; Form 4 filed 2026-05-22 (timely within the two-business-day reporting window).
- Prices reported as weighted averages: 911 shares @ $44.76 (individual sale prices ranged $44.04–$45.03) and 1,984 shares @ $45.46 (individual sale prices ranged $45.13–$45.83). The reporting person will provide breakdowns on request.
- Total shares sold: 2,895; total proceeds ≈ $130,969.
- Shares owned after transaction: Not disclosed in the provided excerpt.
- Notable footnotes: a portion of the shares sold were RSUs and some sales were mandatory "sell-to-cover" to satisfy statutory tax withholding on RSU vesting (i.e., not discretionary). Some shares are held by The Rawlings Family Trust, for which the reporting person is trustee.
Context
The filing indicates the sales include shares sold to cover tax withholding on vested Restricted Stock Units (RSUs), a routine administrative transaction that does not necessarily signal a personal decision to monetize additional holdings. Footnotes clarify portions sold were RSUs, the sell-to-cover was mandatory under the issuer’s equity plan, and that weighted-average price ranges apply across multiple executions.