FilingsForm 4
Roblox's Manuel Bronstein reported sales of 45,543 shares worth $2.79 million in a Form 4 filed Feb 24, 2025
Value$2.79 million
Shares45,543
Average price$61.33
FiledFeb 24
Manuel Bronstein, Roblox's Chief Product Officer, reported sales of 45,543 shares worth $2.79 million, dated Oct 8, 2021 to Feb 20, 2025, on a Form 4 (the form an insider files when trading the company's shares). The Feb 20, 2025 sales, of 45,219 shares and 300 shares, were made to cover tax withholding on vesting restricted stock units (RSUs), a footnote says. The form's other sales, the earliest on Oct 8, 2021, and its purchases were made inadvertently by a third party in a direct indexing account of the reporting person, other footnotes say. The filing is on SEC EDGAR, filed Feb 24, 2025.1,2,3,4,5,6,7,8,9,10,11,12
How each figure was checked
- the reporting owner as filed on the form, surname first (Bronstein Manuel)Bronstein Manuel
- the reporting owner's role at Robloxofficer (Chief Product Officer)
- shares sold, the whole of the sale side45,543
- value of the sales$2.79 million
- date of the first sale lineOct 8, 2021
- date of the last sale lineFeb 20, 2025
- sale line 23 of the formsale (code S): 45,219 shares disposed on Feb 20, 2025 at $61.3303 per share; held directly; 613,950 owned after the line
- sale line 24 of the formsale (code S): 300 shares disposed on Feb 20, 2025 at $61.9433 per share; held directly; 613,650 owned after the line
- footnote F4 (lines 23 and 24): shares sold to cover tax withholding on vesting RSUsshares sold to cover tax withholding on vesting restricted stock unitsSEC EDGAR, footnotes of the Form 4 filed Feb 24, 2025 ↗
- footnote F3: the form's other sales were made inadvertently by a third party in a direct indexing accountsales made inadvertently by a third partySEC EDGAR, footnotes of the Form 4 filed Feb 24, 2025 ↗
- footnote F1: the form's purchases were made inadvertently by a third party in a direct indexing accountpurchases made inadvertently by a third partySEC EDGAR, footnotes of the Form 4 filed Feb 24, 2025 ↗
- the day the form was filedFeb 24, 2025
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The record
- Issuer
- Roblox (CIK 1315098, filed as Roblox Corp)
- Form
- 4
- Accession
- 0001104659-25-016648
- Filed
- Feb 24, 2025
- Period of report
- Oct 1, 2021
- Reporting owner
- Bronstein Manuel (CIK 1847776)
- Relationship
- officer (Chief Product Officer)
- Rule 10b5-1 checkbox
- Not ticked
- Line 1
- P (purchase) · 3 Class A Common Stock at $74.0562 · Oct 1, 2021 · acquired, directly · 659,166 held after · footnotes F1 and F2
- Line 2
- S (sale) · 3 Class A Common Stock at $71.85 · Oct 8, 2021 · disposed, directly · 659,163 held after · footnotes F2 and F3
- Line 3
- P (purchase) · 1 Class A Common Stock at $75.37 · Jan 19, 2022 · acquired, directly · 659,164 held after · footnotes F1 and F2
- Line 4
- S (sale) · 1 Class A Common Stock at $71.1328 · Jan 21, 2022 · disposed, directly · 659,163 held after · footnotes F2 and F3
- Line 5
- P (purchase) · 4 Class A Common Stock at $46.85 · Feb 22, 2022 · acquired, directly · 659,167 held after · footnotes F1 and F2
- Line 6
- S (sale) · 4 Class A Common Stock at $43.97 · Mar 4, 2022 · disposed, directly · 659,163 held after · footnotes F2 and F3
- Line 7
- P (purchase) · 1 Class A Common Stock at $49.0483 · Apr 5, 2022 · acquired, directly · 659,164 held after · footnotes F1 and F2
- Line 8
- S (sale) · 1 Class A Common Stock at $43.34 · Apr 7, 2022 · disposed, directly · 659,163 held after · footnotes F2 and F3
- Line 9
- P (purchase) · 4 Class A Common Stock at $25.66 · May 9, 2022 · acquired, directly · 659,167 held after · footnotes F1 and F2
- Line 10
- P (purchase) · 1 Class A Common Stock at $33.655 · Jun 23, 2022 · acquired, directly · 659,168 held after · footnotes F1 and F2
- Line 11
- S (sale) · 1 Class A Common Stock at $29.85 · Nov 21, 2022 · disposed, directly · 659,167 held after · footnotes F2 and F3
- Line 12
- P (purchase) · 2 Class A Common Stock at $26.335 · Dec 22, 2022 · acquired, directly · 659,169 held after · footnotes F1 and F2
- Line 13
- P (purchase) · 1 Class A Common Stock at $42.8374 · Mar 29, 2023 · acquired, directly · 659,170 held after · footnotes F1 and F2
- Line 14
- S (sale) · 1 Class A Common Stock at $36.1017 · May 1, 2023 · disposed, directly · 659,169 held after · footnotes F2 and F3
- Line 15
- P (purchase) · 8 Class A Common Stock at $42.43 · Jun 1, 2023 · acquired, directly · 659,177 held after · footnotes F1 and F2
- Line 16
- S (sale) · 8 Class A Common Stock at $41.00 · Jul 3, 2023 · disposed, directly · 659,169 held after · footnotes F2 and F3
- Line 17
- P (purchase) · 1 Class A Common Stock at $27.6084 · Aug 18, 2023 · acquired, directly · 659,170 held after · footnotes F1 and F2
- Line 18
- S (sale) · 1 Class A Common Stock at $27.48 · Sep 18, 2023 · disposed, directly · 659,169 held after · footnotes F2 and F3
- Line 19
- P (purchase) · 3 Class A Common Stock at $31.05 · Oct 19, 2023 · acquired, directly · 659,172 held after · footnotes F1 and F2
- Line 20
- P (purchase) · 1 Class A Common Stock at $40.2882 · Dec 4, 2023 · acquired, directly · 659,173 held after · footnotes F1 and F2
- Line 21
- S (sale) · 1 Class A Common Stock at $38.0743 · Jan 17, 2024 · disposed, directly · 659,172 held after · footnotes F2 and F3
- Line 22
- S (sale) · 3 Class A Common Stock at $30.585 · May 9, 2024 · disposed, directly · 659,169 held after · footnotes F2 and F3
- Line 23
- S (sale) · 45,219 Class A Common Stock at $61.3303 · Feb 20, 2025 · disposed, directly · 613,950 held after · footnotes F2, F4 and F5
- Line 24
- S (sale) · 300 Class A Common Stock at $61.9433 · Feb 20, 2025 · disposed, directly · 613,650 held after · footnotes F2, F4 and F6
- Footnote F1
- The shares were inadvertently acquired by a third party pursuant to the Reporting Person's direct indexing account, which included shares of the Issuer among shares of other public companies within an existing stock index. Such acquisitions were only recently discovered. See "Remarks" below.
- Footnote F2
- 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.
- Footnote F3
- The shares were inadvertently sold by a third party pursuant to the Reporting Person's direct indexing account, which included shares of the Issuer among shares of other public companies within an existing stock index. Such sales were only recently discovered.
- Footnote F4
- Represents the number of shares sold to cover the statutory tax withholding obligations in connection with the vesting of RSUs. This sale was to satisfy tax withholding obligations to be funded by a "sell to cover" transaction.
- Footnote F5
- The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $60.94 to $61.93, 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 ranges set forth in footnotes (4) and (5) to this Form 4.
- Footnote F6
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $61.94 to $61.95, inclusive.
- Remarks
- For purposes of the short-swing profit recovery provisions of Section 16(b) of the Securities Exchange Act of 1934, the acquisition of shares reported herein may be deemed to be matchable as follows: (i) the purchase of 13 shares reported in Rows 1, 3, 5, 7 and 9 of Table I with the reporting person's sale of 13 shares of Issuer Class A Common Stock to satisfy the Reporting Person's tax obligations in connection with the vesting of restricted stock units on November 22, 2021; (ii) the purchase of three shares reported in Rows 10 and 12 of Table I with the Reporting Person's sale of three shares of Issuer Class A Common Stock on August 12, 2022 effected pursuant to a Rule 10b5-1 Plan adopted on May 27, 2021; (iii) the purchase of ten shares reported in Rows 13, 15 and 17 of Table I with the reporting person's sale of ten shares of Issuer Class A Common Stock on March 16, 2023 effected pursuant to a Rule 10b5-1 Plan adopted on February 28, 2022; and (iv) the purchase of four shares reported in Rows 19 and 20 of Table I with the reporting person's sale of four shares of Issuer Class A common stock on July 11, 2023 effected pursuant to a Rule 10b5-1 Plan adopted on February 24, 2023. The reporting person has paid to the Issuer $1,289.87, which represents the full amount of the profit realized in connection with the short-swing transaction, less transaction costs.
Insider purchases and sales of Roblox shares, 12 months
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About Roblox
Roblox page →Revenue$4.89 billionYear to Dec 31, 2025 · +35.77% year over year
Operating income−$1.23 billionYear to Dec 31, 2025 · −15.9% year over year
Net income−$1.07 billionYear to Dec 31, 2025 · −13.86% year over year
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