Roblox amended departing CFO Michael Guthrie’s exit terms in June 2025, with 37,535 shares to vest on Aug 20, 2025
Roblox said that on Jun 30, 2025, in connection with chief financial officer Michael Guthrie’s resignation effective that day, it agreed with him to amend his separation agreement in return for his signing a release in the company’s form. Among other changes, 37,535 shares of his 2023 award of performance-based restricted stock units were to vest on Aug 20, 2025, and the rest of that award was to be cancelled. Of the units from his 2024 award that became eligible to vest on performance for the period scheduled to end Dec 31, 2025, one third were to vest when that performance was determined, and any remaining units of that award were to be cancelled. Roblox gave the terms in an 8-K, a US company’s report of a material event, for an event dated Jun 30, 2025, and said the full agreement would be filed with its next periodic report.1,2,3,4,5,6
How each figure was checked
- in connection with Michael Guthrie’s resignation as chief financial officer effective June 30, 2025, the company and he agreed to amend his separation agreementMichael Guthrie, resignation as Chief Financial Officer effective June 30, 2025Roblox Form 8-K, SEC EDGAR ↗
- the amendment is in return for Guthrie executing a release in a form provided by the companySeparation and Transition Agreement amended; Guthrie executes a releaseRoblox Form 8-K, SEC EDGAR ↗
- 37,535 shares of the 2023 performance-based RSU award were to vest on August 20, 2025 and the remaining RSUs of that award were to be cancelled37,535 shares; August 20, 2025; 2023 AwardRoblox Form 8-K, SEC EDGAR ↗
- one third of the 2024 award RSUs that became eligible for vesting were to vest when performance was determined and the rest were to be cancelledone third; 2024 Award; performance period January 1, 2024 to December 31, 2025Roblox Form 8-K, SEC EDGAR ↗
- the earliest event the 8-K reports is dated June 30, 2025June 30, 2025Roblox Form 8-K, SEC EDGAR ↗
- the company said the full agreement would be filed with its next periodic reportfull text of the agreement to be filed with the next applicable periodic reportRoblox Form 8-K, SEC EDGAR ↗
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The record
- Company
- Roblox (CIK 1315098)
- Form
- 8-K
- Accession
- 0001315098-25-000222
- Filed
- Jul 1, 2025
- Period of report
- Jun 30, 2025
- Items
- 5.02 Officers, directors or their pay
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