4Filed Aug 23, 8:00 PM ET

Roblox (RBLX) Chief Safety Officer Matthew Kaufman Sells Shares

$RBLX · Roblox Corp

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Roblox (RBLX) Chief Safety Officer Matthew Kaufman Sells Shares

What Happened
Matthew D. Kaufman, Roblox's Chief Safety Officer, sold a total of 14,904 shares on Aug 20, 2026 in two open-market transactions to cover tax withholding obligations tied to RSU vesting. The filings report sales of 10,994 shares at a weighted-average price of $37.78 (proceeds $415,362) and 3,910 shares at a weighted-average price of $38.47 (proceeds $150,399), totaling roughly $565,761. These were dispositions (sales), not purchases.

Key Details

  • Transaction date: August 20, 2026; Form 4 filed August 24, 2026 (timely within the two-business-day window).
  • Sales reported:
    • 10,994 shares @ weighted-average $37.78 — proceeds $415,362 (prices in that batch ranged $38.28–$38.98 per filing footnote F4).
    • 3,910 shares @ weighted-average $38.47 — proceeds $150,399 (prices in that batch ranged $37.22–$38.19 per filing footnote F2).
  • Total shares sold: 14,904; total reported proceeds: about $565,761.
  • Reason/footnotes: Footnote F1 states these sales were mandatory "sell-to-cover" transactions to satisfy statutory tax withholding on RSU vesting; F3 confirms a portion of the securities were RSUs (each RSU converts to one share). The reported prices are weighted averages and represent multiple executions (F2, F4).
  • Shares owned after the transaction: not specified in the summary data provided in this request.

Context

  • These sales were tax-withholding related (routine) rather than discretionary purchases or market-timed sales; such sell-to-cover transactions are common when RSUs vest and do not necessarily signal insider sentiment.
  • Transaction code: S = Sale. F (as noted in the filing) reflects tax-withholding/sell-to-cover activity associated with awards.