Rawlings Amy Marie 4
Research Summary
AI-generated summary
Roblox (RBLX) CAO Amy Rawlings Sells 274 Shares
What Happened
- Amy Marie Rawlings, Chief Accounting Officer of Roblox Corporation, sold 274 shares of Roblox Class A common stock on May 26, 2026, at $48.00 per share, for proceeds of $13,152. The filing reports the transaction as a sale (code S) executed pursuant to a pre-established Rule 10b5-1 trading plan.
Key Details
- Transaction date and price: 2026-05-26, 274 shares at $48.00 each (total $13,152).
- Transaction type: Sale (open market or private sale) under a Rule 10b5-1 plan adopted Feb 18, 2026 (Footnote F1).
- Security form: A portion of the securities reported are Restricted Stock Units (RSUs); each RSU represents a contingent right to one share (Footnote F2).
- Ownership structure: Some shares are held directly by The Rawlings Family Trust, for which the reporting person is trustee and may be deemed to have beneficial ownership (Footnote F3).
- Shares owned after transaction: Not specified in this Form 4 filing.
- Filing timeliness: Reported to the SEC on 2026-05-27 for a 2026-05-26 transaction (filed the next day; no late filing indicated).
Context
- This was a sale, which is often routine (e.g., diversification, tax planning) and does not by itself signal company-specific private information. Because the sale was executed under a 10b5-1 plan, it was pre-scheduled and generally considered an automatic trade rather than a discretionary insider decision. The presence of RSUs and trust-held shares clarifies that some sold shares were tied to compensation awards or trust holdings, not newly issued stock.