Form 4: Roblox CEO David Baszucki Converts Class B Common Stock to Class A

David Baszucki, CEO of Roblox, converted 9,000 shares of Class B Common Stock into Class A Common Stock on February 8, 2025.

Summary

• On February 8, 2025, David Baszucki, the CEO of Roblox, converted 9,000 shares of Class B Common Stock into Class A Common Stock.
• The conversion was executed at a price of $0 per share.
• Following the transaction, Baszucki directly owns 129,301 shares of Class A Common Stock.
• Baszucki also indirectly owns a significant number of Class A Common Stock through various trusts and foundations, including The Freedom Revocable Trust (1,704,707 shares), the 2020 Jan Baszucki Gift Trust (846,519 shares), the 2020 David Baszucki Gift Trust (96,534 shares), and The Baszucki Family Foundation (875 shares).
• He also indirectly owns 23,105,695 shares of Class B Common Stock.

Sentiment

Score: 5

Explanation: This is a neutral filing indicating a standard stock conversion. It doesn't inherently suggest positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to insider transactions and is a standard practice for publicly traded companies like Roblox.

Stakeholder Impact

• The conversion of stock has a negligible impact on stakeholders as it is a routine transaction.

Key Dates

Keywords

Form 4, David Baszucki, Roblox, RBLX, Class A Common Stock, Class B Common Stock, Beneficial Ownership, SEC Filing, Conversion