CHOPRA NAVEEN K. 4
4 · Roblox Corp · Filed May 22, 2026
Research Summary
AI-generated summary of this filing
Roblox (RBLX) CFO Naveen K. Chopra Sells Shares
What Happened
Naveen K. Chopra, Chief Financial Officer of Roblox Corporation (RBLX), reported sales of 16,863 shares on 2026-05-20. The filing shows two dispositions: 1,873 shares at a weighted-average price of $44.47 for $83,296 and 14,990 shares at a weighted-average price of $45.38 for $680,306, for total gross proceeds of roughly $763,602. These were sales (not purchases).
Key Details
- Transaction date: 2026-05-20; Form 4 filed: 2026-05-22 (appears timely).
- Shares sold: 1,873 @ weighted-average $44.47 (range $43.94–$44.92) and 14,990 @ weighted-average $45.38 (range $44.94–$45.92).
- Total shares sold: 16,863; total proceeds: ≈ $763,602 ($83,296 + $680,306).
- Footnote F1: 1,873 shares were sold to satisfy statutory tax withholding for RSU vesting under a mandatory sell-to-cover—this is not a discretionary sale.
- Footnote F3: Some securities are Restricted Stock Units (RSUs), each representing a contingent right to one share.
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Transaction code: S (Sale).
Context
Sell-to-cover dispositions to satisfy tax withholding are routine and are mandated under equity plans; they generally do not indicate the insider’s view on the company’s prospects. For retail investors, purchases or voluntary sales may be more informative than mandatory tax-related sales.
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2][F3]2026-05-20$44.47/sh−1,873$83,296→ 395,748 total - Sale
Class A Common Stock
[F1][F4][F3]2026-05-20$45.38/sh−14,990$680,306→ 380,758 total
Footnotes (4)
- [F1]Represents the number of shares sold to cover statutory tax withholding obligations arising in connection with the vesting of certain Restricted Stock Units ("RSUs"). These shares were sold pursuant to a mandatory "sell-to-cover" arrangement under the Issuer's equity incentive plan to satisfy tax withholding obligations and do not represent a discretionary transaction by the Reporting Person.
- [F2]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.94 to $44.92, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [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]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $44.94 to $45.92, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.