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Roblox Corp·4

May 29, 4:16 PM ET

Baszucki Gregory 4

4 · Roblox Corp · Filed May 29, 2026

Research Summary

AI-generated summary of this filing

Updated

Roblox (RBLX) Director Greg Baszucki Receives RSU Award; Defers 1,126

What Happened Gregory Baszucki, a director of Roblox Corp (RBLX), reported equity activity tied to restricted stock units (RSUs). On May 27, 2026, 1,126 vested RSUs that would have become Class A shares were deferred — reported as a disposition of 1,126 shares of Class A Common Stock in exchange for 1,126 shares of phantom stock (no cash proceeds; $0). On May 28, 2026, Baszucki was granted/received 5,185 RSUs (award) at $0 per share (an equity award, not an open-market purchase).

Key Details

  • Filing date: May 29, 2026; Reported transaction period: May 27, 2026 — filing appears timely (Form 4 filed within required window).
  • Transactions:
    • May 27, 2026 — Disposition (exchange) of 1,126 Class A shares for 1,126 phantom shares (price $0).
    • May 27, 2026 — Acquisition (derivative) of 1,126 phantom shares (price $0).
    • May 28, 2026 — Grant/award of 5,185 RSUs (price $0).
  • Shares owned after transaction: Not specified in the provided excerpt; footnotes indicate additional holdings through trusts and IRAs.
  • Relevant footnotes:
    • F1/F9: The 1,126 vested RSUs were converted into phantom stock (each phantom share equals a right to one Class A share).
    • F10: Phantom stock becomes payable in one lump sum upon separation from service.
    • F2–F8: Baszucki holds other Roblox shares/RSUs via trusts and a Roth IRA; he may be deemed beneficial owner of those shares.

Context

  • This was not an open-market sale — the May 27 "disposition" reflects a deferral election converting vested RSUs to phantom stock under the company’s deferred compensation plan (no cash sale; no change in economic exposure until payout). The May 28 entry is an equity award (RSUs) granted to Baszucki.
  • Phantom stock and deferred RSUs generally aren’t immediately tradable shares and are payable later (here, lump sum at separation), so these items do not necessarily signal a buy/sell opinion by the insider.

Insider Transaction Report

Form 4
Period: 2026-05-27
Roblox CorpRBLX
Baszucki Gregory
Director
Transactions
  • Other

    Class A Common Stock

    [F1][F2][F3]
    2026-05-27−1,126→ 0 total
  • Award

    Class A Common Stock

    [F4][F3]
    2026-05-28+5,185→ 5,185 total
  • Other

    Phantom Stock

    [F9][F1][F10]
    2026-05-27+1,126→ 4,501 total
    → Class A Common Stock (1,126 underlying)
Holdings

  • Class A Common Stock

    [F2][F5]
    (indirect: See Footnotes)
    8,978,717

  • Class A Common Stock

    [F6]
    (indirect: See Footnotes)
    869,250

  • Class A Common Stock

    [F7]
    (indirect: See Footnotes)
    869,250

  • Class A Common Stock

    [F8]
    (indirect: See Footnotes)
    1,294,501
Footnotes (10)
  • [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.
  • [F10]The phantom stock becomes payable in one lump sum payment upon separation from service.
  • [F2]On May 22, 2026, the Reporting Person transferred 9,220 shares of Class A Common Stock previously held directly to the Greg and Christina Baszucki Living Trust dtd 08/18/2006, for which the Reporting Person serves as trustee.
  • [F3]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.
  • [F4]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.
  • [F5]These shares are held of record by the Greg and Christina Baszucki Living Trust dtd 08/18/2006 of which the Reporting Person serves as trustee. The Reporting Person may be deemed to have beneficial ownership of the shares held by the Trust.
  • [F6]These shares are held directly by the Morningstar Dynasty Trust dtd 11/13/2020 of which Bessemer Trust Company of DE, N.A. serves as trustee. The Reporting Person may be deemed to have beneficial ownership of the shares held by the Trust.
  • [F7]These shares are held directly by the Crossbow Dynasty Trust dtd 11/13/2020 of which Bessemer Trust Company of DE, N.A. serves as trustee. The Reporting Person may be deemed to have beneficial ownership of the shares held by the Trust.
  • [F8]These shares are held directly under a Roth IRA account for the Reporting Person (formerly known as the PENSCO Trust Co).
  • [F9]Each share of phantom stock represents a right to receive one share of Class A Common Stock.
Signature
/s/ Mark Reinstra Attorney-in-Fact for Gregory Baszucki|2026-05-29

Documents

1 file
  • 4
    wk-form4_1780085802.xmlPrimary

    FORM 4