Roblox CEO David Baszucki's Form 4 reports $83.6 million of share sales on Jun 2, 2025
Roblox president and CEO David Baszucki filed a Form 4, the form an insider files when trading company shares, that reports sales of 949,998 shares for $83,572,221 on Jun 2, 2025, at an average price of $87.97 a share. The form lists 687,500 of those shares, sold for $60,480,025, as held directly and acquired that day by exercising stock options, and states 211,559 shares held directly after the last of those sales. The form lists the other 262,498 shares, sold for $23,092,196, as held indirectly by The Baszucki Family Foundation and a gift trust, and says its transactions were made under a Rule 10b5-1 plan that the reporting person adopted on Nov 4, 2024. The Form 4 is on the SEC's EDGAR database, filed on Jun 4, 2025.1,2,3,4,5,6,7,8,9,10,11,12,13,14,15,16
How each figure was checked
- the reporting owner as filedDavid Baszucki
- who signed the formMark Reinstra Attorney-in-Fact for David Baszucki
- the reporting owner's relationship to Robloxdirector, officer (President & CEO) and owner of more than 10% of the shares
- the side of the tradesale
- shares sold949,998
- value of the sales$83.57 million
- date of the first tradeJun 2, 2025
- average price per share$87.97
- the sale lines by who held the sharesthe sale lines of this form, by who held the shares: held directly: 687500 shares for 60480025.0384 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): 262498 shares for 23092195.8456 USD
- the form's line for an exercise of a derivative securityexercise of a derivative security (code M): 630,052 shares acquired on Jun 2, 2025 at $3.345 per share; held directly; 841,611 owned after the line
- the form's line for an exercise of a derivative securityexercise of a derivative security (code M): 57,448 shares acquired on Jun 2, 2025 at $3.405 per share; held directly; 899,059 owned after the line
- the shares held directly after the last direct sale line211,559 shares of Class A Common Stock owned after this line, held directly
- the footnote naming the foundation that held the sharesFootnotes of the Form 4 filed Jun 4, 2025 ↗
- the footnote naming the gift trust that held the sharesFootnotes of the Form 4 filed Jun 4, 2025 ↗
- the form's footnote on the Rule 10b5-1 planNovember 04, 2024Footnotes of the Form 4 filed Jun 4, 2025 ↗
- the day the Form 4 was filedJun 4, 2025
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The record
- Issuer
- Roblox (CIK 1315098, filed as Roblox Corp)
- Form
- 4
- Accession
- 0001315098-25-000187
- Filed
- Jun 4, 2025
- Period of report
- Jun 2, 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) · 630,052 Class A Common Stock at $3.345 · Jun 2, 2025 · acquired, directly · 841,611 held after · footnotes F1 and F2
- Line 2
- M (exercise of a derivative security) · 57,448 Class A Common Stock at $3.405 · Jun 2, 2025 · acquired, directly · 899,059 held after · footnotes F1 and F2
- Line 3
- S (sale) · 643,566 Class A Common Stock at $87.9171 · Jun 2, 2025 · disposed, directly · 255,493 held after · footnotes F1, F2 and F3
- Line 4
- S (sale) · 43,934 Class A Common Stock at $88.7597 · Jun 2, 2025 · disposed, directly · 211,559 held after · footnotes F1, F2 and F4
- Line 5
- G (gift) · 68,750 Class A Common Stock at $0.00 · Jun 2, 2025 · disposed, indirectly, See Footnote · 952,076 held after · footnotes F1, F5 and F6
- Line 6
- G (gift) · 137,500 Class A Common Stock at $0.00 · Jun 2, 2025 · disposed, indirectly, See Footnote · 814,576 held after · footnotes F1, F6 and F7
- Line 7
- G (gift) · 137,500 Class A Common Stock at $0.00 · Jun 2, 2025 · acquired, indirectly, See Footnote · 138,375 held after · footnotes F1, F7 and F8
- Line 8
- S (sale) · 128,714 Class A Common Stock at $87.9171 · Jun 2, 2025 · disposed, indirectly, See Footnote · 9,661 held after · footnotes F1, F3 and F8
- Line 9
- S (sale) · 8,786 Class A Common Stock at $88.7597 · Jun 2, 2025 · disposed, indirectly, See Footnote · 875 held after · footnotes F1, F4 and F8
- Line 10
- S (sale) · 117,011 Class A Common Stock at $87.9171 · Jun 2, 2025 · disposed, indirectly, See Footnote · 397,463 held after · footnotes F1, F3 and F9
- Line 11
- S (sale) · 7,987 Class A Common Stock at $88.7597 · Jun 2, 2025 · disposed, indirectly, See Footnote · 389,476 held after · footnotes F1, F4 and F9
- Derivative line 1
- M (exercise of a derivative security) · 630,052 Stock Option (Right to Buy) at $0.00 · Jun 2, 2025 · disposed, directly · 0 held after · footnote F10
- Derivative line 2
- M (exercise of a derivative security) · 57,448 Stock Option (Right to Buy) at $0.00 · Jun 2, 2025 · disposed, directly · 2,442,552 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 $87.60 to $88.59, 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 $88.61 to $88.94, 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
- All of the shares subject to the option are fully vested and exercisable as of the date hereof.
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