Roblox Corp·4

May 29, 4:15 PM ET

KILAR JASON 4

4 · Roblox Corp · Filed May 29, 2026

Research Summary

AI-generated summary of this filing

Updated

Roblox (RBLX) Director Jason Kilar Receives RSU Award, Defers 1,126 Shares

What Happened

  • Jason Kilar, a director of Roblox Corp (RBLX), reported a grant of 5,185 Restricted Stock Units (RSUs) and a related deferral of 1,126 vested shares into phantom stock. The reported transactions show the disposition of 1,126 Class A shares (deferred) and the acquisition of 1,126 phantom-share equivalents and 5,185 RSUs. All transactions are reported at $0.00 (no cash exchanged).

Key Details

  • Transaction dates and types:
    • 2026-05-27: 1,126 shares of Class A Common Stock were reported as disposed in exchange for phantom stock (transaction code J).
    • 2026-05-27: 1,126 phantom-stock units reported acquired (derivative).
    • 2026-05-28: Grant of 5,185 RSUs reported (transaction code A).
  • Prices/values: all reported at $0.00 (these are awards/deferrals, not open-market trades).
  • Shares owned after transaction: not specified in the filing.
  • Notable footnotes:
    • The 1,126 vested RSU shares were deferred into phantom stock under Roblox’s deferred compensation plan (each phantom share equals one Class A share and is payable in a lump sum upon separation from service).
    • The 5,185 securities include RSUs; vesting schedule: 1/4 on Aug 20, 2026, 1/4 on Nov 20, 2026, 1/4 on Feb 20, 2027, and the final 1/4 on the earlier of the 2027 annual meeting day or May 28, 2027, subject to continued service.
  • Filing timeliness: Form 4 was filed 2026-05-29 for transactions dated 2026-05-27/28 — filing appears timely under Section 16 reporting rules.

Context

  • RSUs and phantom stock are non-cash equity compensation. The deferral of vested shares into phantom stock means Kilar did not receive actual Class A shares at vesting but instead holds a contractual right to the economic value of those shares, payable upon separation per the plan.
  • These transactions are routine compensation-related actions and do not represent open-market purchases or sales that would signal immediate trading sentiment.

Insider Transaction Report

Form 4
Period: 2026-05-27
KILAR JASON
Director
Transactions
  • Other

    Class A Common Stock

    [F1][F2]
    2026-05-271,12615,038 total
  • Award

    Class A Common Stock

    [F3][F2]
    2026-05-28+5,18520,223 total
  • Other

    Phantom Stock

    [F4][F1][F5]
    2026-05-27+1,1264,501 total
    Class A Common Stock (1,126 underlying)
Footnotes (5)
  • [F1]In connection with the vesting on May 27, 2026, of Restricted Stock Units ("RSUs") previously granted to the Reporting Person, the Reporting Person's receipt of 1,126 shares of Class A Common Stock was deferred, resulting in the Reporting Person's receipt instead of 1,126 shares of phantom stock pursuant to the Issuer's deferred compensation plan. The Reporting Person is therefore reporting the disposition of 1,126 shares of Class A Common Stock in exchange for an equal number of shares of phantom stock.
  • [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]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.
  • [F4]Each share of phantom stock represents a right to receive one share of Class A common stock.
  • [F5]The phantom stock becomes payable in one lump sum payment upon separation from service.
Signature
/s/ Mark Reinstra Attorney-in-Fact for Jason Kilar|2026-05-29

Documents

1 file
  • 4
    wk-form4_1780085742.xmlPrimary

    FORM 4