Roblox CEO David Baszucki reported $2.33 million of share sales made on Mar 17, 2025
David Baszucki, Roblox's president and CEO, reported sales of 40,918 shares at an average of $57.05 a share, for a total of $2,334,225, on Mar 17, 2025, in a Form 4, the SEC report insiders file after trading their company's shares. Of those shares, 34,099 were held directly and acquired that day by exercising stock options, and the form states 221,983 shares held directly after the last of those sales. The other 6,819 were held indirectly, and a footnote named the Baszucki Family Foundation as their holder; 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 19, 2025.1,2,3,4,5,6,7,8,9,10,11,12,13,14,15
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 sold40,918
- average price per share$57.05
- value of the sale lines$2.33 million
- trade dateMar 17, 2025
- the sale lines by who held the sharesthe sale lines of this form, by who held the shares: held directly: 34099 shares for 1945226.3494 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): 6819 shares for 388999.1139 USD
- the form states the exercise of a derivative security acquiring shares held directlyexercise of a derivative security (code M): 34,099 shares acquired on Mar 17, 2025 at $0.53 per share; held directly; 256,082 owned after the line
- the derivative line of that exercise, in Stock Option (Right to Buy)421,722 shares of Stock Option (Right to Buy) owned after this line, held directly
- shares held after the last sale lineafter the last sale line the form states 221983 shares of Class A Common Stock held directly; 875 shares of Class A Common Stock held indirectly (See Footnote)
- how the sold shares were held2 sale lines held directly; 2 sale lines held indirectly (See Footnote)
- footnote F8 on the holder of the shares of sale lines 7 and 8Footnotes of the Form 4 filed Mar 19, 2025 ↗
- the footnote on the Rule 10b5-1 planNovember 04, 2024Footnotes of the Form 4 filed Mar 19, 2025 ↗
- day the Form 4 was filedMar 19, 2025
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The record
- Issuer
- Roblox (CIK 1315098, filed as Roblox Corp)
- Form
- 4
- Accession
- 0001315098-25-000088
- Filed
- Mar 19, 2025
- Period of report
- Mar 17, 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) · 34,099 Class A Common Stock at $0.53 · Mar 17, 2025 · acquired, directly · 256,082 held after · footnotes F1 and F2
- Line 2
- S (sale) · 24,194 Class A Common Stock at $56.8501 · Mar 17, 2025 · disposed, directly · 231,888 held after · footnotes F1, F2 and F3
- Line 3
- S (sale) · 9,905 Class A Common Stock at $57.526 · Mar 17, 2025 · disposed, directly · 221,983 held after · footnotes F1, F2 and F4
- Line 4
- G (gift) · 3,409 Class A Common Stock at $0.00 · Mar 17, 2025 · disposed, indirectly, See Footnote · 1,635,141 held after · footnotes F1, F5 and F6
- Line 5
- G (gift) · 6,819 Class A Common Stock at $0.00 · Mar 17, 2025 · disposed, indirectly, See Footnote · 1,628,322 held after · footnotes F1, F6 and F7
- Line 6
- G (gift) · 6,819 Class A Common Stock at $0.00 · Mar 17, 2025 · acquired, indirectly, See Footnote · 7,694 held after · footnotes F1, F7 and F8
- Line 7
- S (sale) · 4,839 Class A Common Stock at $56.8501 · Mar 17, 2025 · disposed, indirectly, See Footnote · 2,855 held after · footnotes F1, F3 and F8
- Line 8
- S (sale) · 1,980 Class A Common Stock at $57.526 · Mar 17, 2025 · disposed, indirectly, See Footnote · 875 held after · footnotes F1, F4 and F8
- Derivative line 1
- M (exercise of a derivative security) · 34,099 Stock Option (Right to Buy) at $0.00 · Mar 17, 2025 · disposed, directly · 421,722 held after · footnote F11
- 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 $56.22 to $57.21, 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 price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $57.22 to $57.94, 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
- 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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