Durkin Dennis M 4
4 · Roblox Corp · Filed May 29, 2026
Research Summary
AI-generated summary of this filing
Roblox (RBLX) Director Dennis Durkin Receives RSU Award
What Happened
Dennis M. Durkin, a director of Roblox Corporation (RBLX), received a grant of 5,185 restricted stock units (RSUs) on May 28, 2026. The Form 4 reports the acquisition at $0.00 per unit (transaction code A), reflecting an equity award rather than a cash purchase. The filing does not state a dollar valuation for the grant; RSUs convert to shares subject to vesting.
Key Details
- Transaction date: 2026-05-28; Filing date: 2026-05-29 (timely filing).
- Security & amount: 5,185 RSUs acquired at $0.00 per unit (award/grant).
- Shares owned after transaction: Not specified in this Form 4.
- Relevant footnotes:
- F1: Each RSU converts to one share of Class A common stock. Vesting schedule: 1/4 on Aug 20, 2026; 1/4 on Nov 20, 2026; 1/4 on Feb 20, 2027; final 1/4 on earlier of the 2027 annual meeting or May 28, 2027, subject to continued service.
- F2: Confirms portion of reported securities are RSUs.
- F3/F4: Prior trustee transfers noted — 7,700 shares moved between The Dennis and Madeleine Durkin 2017 Family Trust and Mr. Durkin earlier in 2026; the trust holds shares that Mr. Durkin may be deemed to beneficially own.
Context
RSU grants are compensation and typically vest over time; they do not reflect an immediate market buy or sell. Once vested, each RSU becomes one share of Class A common stock. This award appears routine for equity compensation and was reported promptly.
Insider Transaction Report
- Award
Class A Common Stock
[F1][F2][F3]2026-05-28+5,185→ 8,709 total
- 7,700(indirect: See Footnote)
Class A Common Stock
[F4]
Footnotes (4)
- [F1]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. 1/4th of the RSUs shall vest on each of August 20, 2026, November 20, 2026 and February 20, 2027, and the remaining 1/4th of the RSUs shall vest on the earlier of (i) the day before the annual meeting of stockholders held in 2027 or (ii) May 28, 2027, subject to the Reporting Person continuing as a service provider through each vest date.
- [F2]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.
- [F3]Reflects the transfer of 7,700 shares from The Dennis and Madeleine Durkin 2017 Family Trust to the Reporting Person on March 24, 2026, and the subsequent transfer of 7,700 shares from the Reporting Person back to the Trust on May 8, 2026.
- [F4]These shares are held directly by Dennis and Madeleine Durkin 2017 Family Trust. The Reporting Person may be deemed to have beneficial ownership over the securities held by the trust.