FilingsForm 4
Roblox chief legal officer and corporate secretary Mark Reinstra sold 16,432 shares for $1.01 million on Feb 20, 2025
Value$1.01 million
Shares16,432
Average price$61.3946
FiledFeb 24
Mark Reinstra, Roblox's chief legal officer and corporate secretary, sold 16,432 shares at an average price of $61.3946 a share on Feb 20, 2025, for a total of $1.01 million. A footnote on the form says the shares were sold to cover tax withholding on the vesting of restricted stock units. He held the shares directly, and the form's Rule 10b5-1 box, which marks sales made under a pre-arranged trading plan, was not ticked. The Form 4, the form an insider files when trading the company's shares, was filed on Feb 24, 2025 and can be opened on SEC EDGAR.1,2,3,4,5,6,7,8,9,10,11,12
How each figure was checked
- the reporting owner as filedMark Reinstra
- the names the form was signed withAdele Freedman Attorney-in-Fact for Mark Reinstra
- the reporting owner's role at the companyofficer (Chief Legal Off. & Corp. Sec.)
- side of the tradesale
- shares sold16,432
- average price per share$61.39
- date of the saleFeb 20, 2025
- value of the sale$1.01 million
- footnote: the sale covered tax withholding on the vesting of restricted stock unitssold to cover tax withholding on vesting of RSUsFootnotes of the Form 4 filed Feb 24, 2025 (SEC EDGAR) ↗
- how the sale lines are held1 sale line held directly
- the Rule 10b5-1 checkboxnot ticked: the filing marks no transaction on the form as made under a Rule 10b5-1 plan
- day the Form 4 was filedFeb 24, 2025
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The record
- Issuer
- Roblox (CIK 1315098, filed as Roblox Corp)
- Form
- 4
- Accession
- 0001315098-25-000044
- Filed
- Feb 24, 2025
- Period of report
- Feb 20, 2025
- Reporting owner
- Mark Reinstra (CIK 1835037, filed as Reinstra Mark)
- Relationship
- officer (Chief Legal Off. & Corp. Sec.)
- Rule 10b5-1 checkbox
- Not ticked
- Line 1
- S (sale) · 16,432 Class A Common Stock at $61.3946 · Feb 20, 2025 · disposed, directly · 322,774 held after · footnotes F1, F2 and F3
- Footnote F1
- Represents the number of shares sold to cover the statutory tax withholding obligations in connection with the vesting of Restricted Stock Units (RSUs). This sale was to satisfy tax withholding obligations to be funded by a "sell to cover' transaction.
- Footnote F2
- The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $61.03 to $61.95, 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 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.
- Footnote F4
- These shares are held directly by the San Domenico Trust dated August 12, 1999 for which the reporting person serves as trustee. The Reporting Person may be deemed to have beneficial ownership over the securities held by the trust.
- Footnote F5
- These shares are held directly by the Mark L. Reinstra 2023 Annuity Trust for which the Reporting Person serves as trustee. The Reporting Person may be deemed to have beneficial ownership of the securities held by the Annuity Trust.
- Footnote F6
- These shares are held directly by the Mark L. Reinstra 2022 Annuity Trust for which the Reporting Person serves as trustee. The Reporting Person may be deemed to have beneficial ownership of the securities held by the Annuity Trust.
- Footnote F7
- These shares are held directly by the Susan P. Reinstra 2023 Annuity Trust for which the Reporting Person serves as trustee. The spouse of the Reporting Person may be deemed to have beneficial ownership of the securities held by the Annuity Trust.
- Footnote F8
- These shares are held directly by the Susan P. Reinstra 2022 Annuity Trust for which the Reporting Person serves as trustee. The spouse of the Reporting Person may be deemed to have beneficial ownership of the securities held by the Annuity Trust.
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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