Roblox CEO David Baszucki reported $16.1 million of share sales made on Mar 3, 2025
David Baszucki, Roblox's president and CEO, reported sales of 248,568 shares for a total of $16,142,428 on Mar 3, 2025, in a Form 4, the SEC report insiders file after trading their company's shares. Of those shares, 195,068 were held directly and acquired that day by exercising stock options, and the form states 122,853 shares held directly after that sale; 53,500 were held indirectly, and the form's footnotes named the Baszucki Family Foundation and a gift trust as their holders. The average price was $64.9417 a share, and the form said the transactions were made under a Rule 10b5-1 plan, a trading plan set up in advance, that he adopted on Nov 4, 2024. The source is the Form 4 on SEC EDGAR, filed Mar 5, 2025.1,2,3,4,5,6,7,8,9,10,11,12,13,14,15,16,17
How each figure was checked
- the reporting owner as filedDavid Baszucki
- the reporting owner's relationship to the issuerdirector, officer (President & CEO) and owner of more than 10% of the shares
- the side of the tradesale
- shares sold248,568
- value of the sale lines$16.14 million
- trade dateMar 3, 2025
- who signed the form, and for whomMark Reinstra Attorney-in-Fact for David Baszucki
- how the sold shares were held1 sale line held directly; 2 sale lines held indirectly (See Footnote)
- the sale lines by who held the sharesthe sale lines of this form, by who held the shares: held directly: 195068 shares for 12668047.5356 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 04, 2024. The price reported in column 4 is an average price. (held indirectly): 53500 shares for 3474380.95 USD
- footnote F7 on the holder of the shares of sale line 6Footnotes of the Form 4 filed Mar 5, 2025 ↗
- footnote F8 on the holder of the shares of sale line 7Footnotes of the Form 4 filed Mar 5, 2025 ↗
- exercise line of the form, with its shares and dateexercise of a derivative security (code M): 195,068 shares acquired on Mar 3, 2025 at $0.53 per share; held directly; 317,921 owned after the line
- derivative line: the options exercised455,821 shares of Stock Option (Right to Buy) owned after this line, held directly
- shares held directly after the direct sale line122,853 shares of Class A Common Stock owned after this line, held directly
- average price per share$64.94
- the footnote on the Rule 10b5-1 planNovember 04, 2024Footnotes of the Form 4 filed Mar 5, 2025 ↗
- day the Form 4 was filedMar 5, 2025
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The record
- Issuer
- Roblox (CIK 1315098, filed as Roblox Corp)
- Form
- 4
- Accession
- 0001315098-25-000069
- Filed
- Mar 5, 2025
- Period of report
- Mar 3, 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) · 195,068 Class A Common Stock at $0.53 · Mar 3, 2025 · acquired, directly · 317,921 held after · footnotes F1 and F2
- Line 2
- S (sale) · 195,068 Class A Common Stock at $64.9417 · Mar 3, 2025 · disposed, directly · 122,853 held after · footnotes F1, F2 and F3
- Line 3
- G (gift) · 19,506 Class A Common Stock at $0.00 · Mar 3, 2025 · disposed, indirectly, See Footnote · 1,677,564 held after · footnotes F1, F4 and F5
- Line 4
- G (gift) · 39,014 Class A Common Stock at $0.00 · Mar 3, 2025 · disposed, indirectly, See Footnote · 1,638,550 held after · footnotes F1, F5 and F6
- Line 5
- G (gift) · 39,014 Class A Common Stock at $0.00 · Mar 3, 2025 · acquired, indirectly, See Footnote · 39,889 held after · footnotes F1, F6 and F7
- Line 6
- S (sale) · 39,014 Class A Common Stock at $64.9417 · Mar 3, 2025 · disposed, indirectly, See Footnote · 875 held after · footnotes F1, F3 and F7
- Line 7
- S (sale) · 14,486 Class A Common Stock at $64.9417 · Mar 3, 2025 · disposed, indirectly, See Footnote · 82,048 held after · footnotes F1, F3 and F8
- Derivative line 1
- M (exercise of a derivative security) · 195,068 Stock Option (Right to Buy) at $0.00 · Mar 3, 2025 · disposed, directly · 455,821 held after · footnote F10
- 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 04, 2024.
- 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 price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $64.89 to $65.17, 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 F4
- The shares reported in this transaction represent a gift to a charitable organization.
- Footnote F5
- 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 F6
- Represents a transfer of shares by the Freedom Revocable Trust dated February 28, 2017 as amended to The Baszucki Family Foundation.
- Footnote F7
- 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 F8
- 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 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
- 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.
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