KILAR JASON 4

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.