Roblox president and CEO David Baszucki reported $23.66 million of share sales on Jan 30 and Jan 31, 2025
Roblox president and CEO David Baszucki reported sales of 330,194 shares for $23.66 million on Jan 30 and Jan 31, 2025, at an average price of $71.64 a share. Of the shares in those sales, 227,718 ($16.31 million) were held directly, acquired on each sale day by exercising stock options (138,555 shares on Jan 30 and 89,163 on Jan 31), and 102,476 ($7.34 million) were held indirectly; the form's footnotes place the indirect shares with The Baszucki Family Foundation and gift trusts. A footnote says the transactions on the form were made under a Rule 10b5-1 trading plan that Baszucki adopted on Nov 29, 2023. The Form 4, the form an insider files when trading the company's shares, was filed on Feb 3, 2025; it states 129,301 shares held directly after the last sale line and also lists gifts, which are not part of the sale figures.1,2,3,4,5,6,7,8,9,10,11,12,13,14,15,16,17,18,19,20
How each figure was checked
- the reporting owner as filedDavid Baszucki
- the names the form was signed withMark Reinstra Attorney-in-Fact for David Baszucki
- the reporting owner's role at the companydirector, officer (President & CEO) and owner of more than 10% of the shares
- side of the tradesale
- shares sold330,194
- value of the sale$23.66 million
- average price per share$71.64
- date of the saleJan 30, 2025
- date of the last saleJan 31, 2025
- the sale lines, by who held the sharesthe sale lines of this form, by who held the shares: held directly: 227718 shares for 16314584.589 USD; See Footnote, footnote: The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 Plan adopted by the Reporting Person on November 29, 2023. The price reported in column 4 is an average price. (held indirectly): 102476 shares for 7341770.8572 USD
- how the sale lines are held2 sale lines held directly; 6 sale lines held indirectly (See Footnote)
- footnote F8: holder of shares on the indirect sale lines (a foundation)The Baszucki Family FoundationFootnotes of the Form 4 filed Feb 3, 2025 (SEC EDGAR) ↗
- footnote F9: holder of shares on the indirect sale lines (a gift trust)a gift trustFootnotes of the Form 4 filed Feb 3, 2025 (SEC EDGAR) ↗
- footnote F10: holder of shares on the indirect sale lines (a gift trust)a gift trustFootnotes of the Form 4 filed Feb 3, 2025 (SEC EDGAR) ↗
- the exercise line of Jan 30 (shares table): the directly held shares sold that day were acquired by an exerciseexercise of a derivative security (code M): 138,555 shares acquired on Jan 30, 2025 at $0.53 per share; held directly; 267,856 owned after the line
- the exercise line of Jan 31 (shares table): the directly held shares sold that day were acquired by an exerciseexercise of a derivative security (code M): 89,163 shares acquired on Jan 31, 2025 at $0.53 per share; held directly; 218,464 owned after the line
- footnote F1: the transactions were made under a Rule 10b5-1 plan adopted on a dateNovember 29, 2023Footnotes of the Form 4 filed Feb 3, 2025 (SEC EDGAR) ↗
- day the Form 4 was filedFeb 3, 2025
- the other lines of the formThe form also lists 6 lines for gift and 4 lines for exercise of a derivative security (2 in the table of shares, 2 in the table of derivative securities).
- the shares held after the last sale lineafter the last sale line the form states 129301 shares of Class A Common Stock held directly; 875 shares of Class A Common Stock held indirectly (See Footnote); 846519 shares of Class A Common Stock held indirectly (See Footnote); 96534 shares of Class A Common Stock held indirectly (See Footnote)
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The record
- Issuer
- Roblox (CIK 1315098, filed as Roblox Corp)
- Form
- 4
- Accession
- 0001315098-25-000015
- Filed
- Feb 3, 2025
- Period of report
- Jan 30, 2025
- Reporting owner
- David Baszucki (CIK 1834991, filed as Baszucki David)
- Relationship
- director, officer (President & CEO) and owner of more than 10% of the shares
- Rule 10b5-1 checkbox
- Ticked
- Line 1
- M (exercise of a derivative security) · 138,555 Class A Common Stock at $0.53 · Jan 30, 2025 · acquired, directly · 267,856 held after · footnotes F1, F2 and F3
- Line 2
- S (sale) · 138,555 Class A Common Stock at $71.6247 · Jan 30, 2025 · disposed, directly · 129,301 held after · footnotes F1, F2 and F4
- Line 3
- G (gift) · 13,855 Class A Common Stock at $0.00 · Jan 30, 2025 · disposed, indirectly, See Footnote · 1,750,167 held after · footnotes F1, F5 and F6
- Line 4
- G (gift) · 27,711 Class A Common Stock at $0.00 · Jan 30, 2025 · disposed, indirectly, See Footnote · 1,722,456 held after · footnotes F1, F6 and F7
- Line 5
- G (gift) · 27,711 Class A Common Stock at $0.00 · Jan 30, 2025 · acquired, indirectly, See Footnote · 28,586 held after · footnotes F1, F7 and F8
- Line 6
- S (sale) · 27,711 Class A Common Stock at $71.6247 · Jan 30, 2025 · disposed, indirectly, See Footnote · 875 held after · footnotes F1, F4 and F8
- Line 7
- S (sale) · 17,320 Class A Common Stock at $71.6247 · Jan 30, 2025 · disposed, indirectly, See Footnote · 857,665 held after · footnotes F1, F4 and F9
- Line 8
- S (sale) · 17,320 Class A Common Stock at $71.6247 · Jan 30, 2025 · disposed, indirectly, See Footnote · 107,680 held after · footnotes F1, F4 and F10
- Line 9
- M (exercise of a derivative security) · 89,163 Class A Common Stock at $0.53 · Jan 31, 2025 · acquired, directly · 218,464 held after · footnotes F1 and F2
- Line 10
- S (sale) · 89,163 Class A Common Stock at $71.6735 · Jan 31, 2025 · disposed, directly · 129,301 held after · footnotes F1, F2 and F11
- Line 11
- G (gift) · 8,916 Class A Common Stock at $0.00 · Jan 31, 2025 · disposed, indirectly, See Footnote · 1,713,540 held after · footnotes F1, F5 and F6
- Line 12
- G (gift) · 17,833 Class A Common Stock at $0.00 · Jan 31, 2025 · disposed, indirectly, See Footnote · 1,695,707 held after · footnotes F1, F6 and F7
- Line 13
- G (gift) · 17,833 Class A Common Stock at $0.00 · Jan 31, 2025 · acquired, indirectly, See Footnote · 18,708 held after · footnotes F1, F7 and F8
- Line 14
- S (sale) · 17,833 Class A Common Stock at $71.6735 · Jan 31, 2025 · disposed, indirectly, See Footnote · 875 held after · footnotes F1, F8 and F11
- Line 15
- S (sale) · 11,146 Class A Common Stock at $71.6735 · Jan 31, 2025 · disposed, indirectly, See Footnote · 846,519 held after · footnotes F1, F9 and F11
- Line 16
- S (sale) · 11,146 Class A Common Stock at $71.6735 · Jan 31, 2025 · disposed, indirectly, See Footnote · 96,534 held after · footnotes F1, F10 and F11
- Derivative line 1
- M (exercise of a derivative security) · 138,555 Stock Option (Right to Buy) at $0.00 · Jan 30, 2025 · disposed, directly · 741,497 held after · footnote F12
- Derivative line 2
- M (exercise of a derivative security) · 89,163 Stock Option (Right to Buy) at $0.00 · Jan 31, 2025 · disposed, directly · 652,334 held after · footnote F12
- Footnote F1
- The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 Plan adopted by the Reporting Person on November 29, 2023.
- 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
- This amount includes an inclusion of 6 shares that was previously not reflected in the Reporting Person's non-derivative securities beneficially owned, due to an administrative error.
- Footnote F4
- The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $71.59 to $71.76, 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.
- Footnote F5
- The shares reported in this transaction represent a gift to a charitable organization.
- Footnote F6
- These shares are held directly by The Freedom Revocable Trust dated February 28, 2017 as amended, and for which the reporting person serves as trustee.
- Footnote F7
- Represents a transfer of shares by the Freedom Revocable Trust dated February 28, 2017 as amended to The Baszucki Family Foundation.
- Footnote F8
- These shares are held by The Baszucki Family Foundation. The Reporting Person may be deemed to have beneficial ownership of the securities held by the Foundation.
- Footnote F9
- These shares are held by the 2020 Jan Baszucki Gift Trust dtd 4/3/2020 of which the Bessemer Trust Company of Delaware, N.A. serves as trustee. The spouse of the Reporting Person may be deemed to have beneficial ownership of the securities held by the Gift Trust.
- Footnote F10
- These shares are held by the 2020 David Baszucki Gift Trust dtd 4/3/2020 for which the Bessemer Trust of Delaware, N.A. serves as trustee. The Reporting Person may be deemed to have beneficial ownership of the securities held by the Gift Trust.
- Footnote F11
- The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $71.59 to $71.89, 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.
- Footnote F12
- 1/48th of the shares subject to the option vested on February 1, 2018, and 1/48th of the shares subject to the option vest each month thereafter, subject to the Reporting Person continuing as a service provider through each such date.
Insider purchases and sales of Roblox shares, 12 months
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