Roblox Corp·4

May 29, 4:10 PM ET

Durkin Dennis M 4

Research Summary

AI-generated summary

Updated

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.