Reinstra Mark 4

What Happened

• Mark Reinstra, Chief Legal Officer and Corporate Secretary of Roblox (RBLX), sold a total of 4,512 shares on July 6, 2026 in open-market transactions for aggregate proceeds of about $258,734. The sales break down as: 200 shares at a weighted avg. $55.77 ($11,154); 3,212 shares at a weighted avg. $57.24 ($183,843); and 1,100 shares at a weighted avg. $57.94 ($63,737). These were sales (not purchases) — commonly routine liquidation rather than an indicated bullish signal.

Key Details

• Transaction date: July 6, 2026; Form 4 filed July 7, 2026 (appears timely).
• Prices (weighted averages) and reported ranges:
  • 200 shares — $55.77 (range reported 55.35–56.19)
  • 3,212 shares — $57.24 (range reported 56.75–57.74)
  • 1,100 shares — $57.94 (range reported 57.75–58.15)
• Total shares sold: 4,512; total proceeds: ~$258,734.
• Shares owned after transaction: not specified in the provided summary of the filing.
• Notable footnotes:
  • Sales were made pursuant to a Rule 10b5-1 trading plan adopted Feb 19, 2026 (F1).
  • Some shares involved are RSUs (restricted stock units) that convert to common stock (F3).
  • Several holdings are held in annuity/trust accounts (Mark L. Reinstra and Susan P. Reinstra 2023/2022 Annuity Trusts, San Domenico Trust) for which Reinstra serves as trustee; beneficial ownership may be deemed (F7–F11).
  • The filing provides weighted-average prices and offers to supply detailed per-trade price breakdowns on request (F2, F4, F5).

Context

• These were open-market sales executed under a pre-established 10b5-1 plan, a common mechanism insiders use to sell shares according to pre-set rules. That structure helps insulate the trades from being viewed as based on nonpublic information. Sales do not necessarily indicate a change in outlook on the company.