Roblox (RBLX) Chief Accounting Officer Amy Rawlings Sells Shares

What Happened

Amy Marie Rawlings, Chief Accounting Officer of Roblox Corp (RBLX), sold a total of 5,061 shares on August 20, 2026 via open-market transactions. The sales were: 3,885 shares at an average price of $37.81 (proceeds $146,896) and 1,176 shares at an average price of $38.48 (proceeds $45,247), totaling approximately $192,143. These sales were to cover statutory tax withholding obligations associated with the vesting of Restricted Stock Units (RSUs), not discretionary market-timing purchases or sales.

Key Details

• Transaction date: 2026-08-20 (filed 2026-08-24; filing appears timely).
• Transaction type/code: S (sale); described in the filing as sell-to-cover to satisfy tax withholding (see footnote F1).
• Share counts and reported prices: 3,885 @ $37.81 (weighted avg; sales ranged $37.37–$38.34 per filing footnote F2) and 1,176 @ $38.48 (weighted avg; sales ranged $38.38–$38.90 per footnote F4).
• Total shares sold: 5,061; total proceeds ≈ $192,143.
• Securities involved: a portion are Restricted Stock Units (RSUs); each RSU converts to one share upon settlement (footnote F3).
• Ownership after transaction: not specified in the provided excerpt—see the full Form 4 for post-transaction holdings.
• Additional notes: the filer states these sales were mandatory "sell-to-cover" under the issuer’s equity plan (F1). The filer will provide detailed per-price breakdowns on request (F2, F4). A family trust is noted as an entity for which the reporting person is trustee (F5).

Context

Sell-to-cover transactions tied to RSU vesting are routine and reflect tax-withholding mechanics, not necessarily a personal decision to reposition a portfolio. The filing clarifies these were non-discretionary sales to fund tax obligations; no 10b5-1 plan or other trading plan is indicated in the excerpt. For full ownership details and exact per-trade prices, consult the complete Form 4 filing (accession 0001315098-26-000173).