Form 4: Roblox CEO David Baszucki Sells Shares to Cover Tax Obligations

Roblox CEO David Baszucki sold shares of Class A Common Stock on May 20, 2025, to cover statutory tax withholding obligations related to the vesting of Restricted Stock Units (RSUs).

Summary

• On May 20, 2025, David Baszucki, the CEO of Roblox Corp, sold shares of Class A Common Stock.
• The sales were executed to cover statutory tax withholding obligations associated with the vesting of Restricted Stock Units (RSUs).
• A total of 9,593 shares were sold at an average price of $80.61, with individual transactions ranging from $80.08 to $81.05.
• An additional 831 shares were sold at an average price of $81.21, with individual transactions ranging from $81.08 to $81.36.
• Following these transactions, Baszucki directly owns 211,559 shares of Class A Common Stock.
• Baszucki also has indirect ownership of 514,474 shares through the 2020 Jan Baszucki Gift Trust, 875 shares through The Baszucki Family Foundation, and 1,020,826 shares through The Freedom Revocable Trust.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating routine stock sales for tax purposes. It doesn't convey any particularly positive or negative sentiment.

Industry Context

Executive stock sales are a common occurrence, particularly to cover tax obligations related to equity compensation. The sales themselves don't necessarily indicate a negative outlook for the company.

Stakeholder Impact

• The stock sales may have a minor, temporary impact on the stock price, but are unlikely to significantly affect long-term shareholders, employees, customers, suppliers, or creditors.

Key Dates

Keywords

Roblox, David Baszucki, RBLX, Form 4, SEC Filing, Stock Sale, Restricted Stock Units, Tax Withholding, Beneficial Ownership