Form 4: Roblox Director Anthony P. Lee Reports Changes in Beneficial Ownership

Anthony P. Lee, a director at Roblox Corp, filed a Form 4 disclosing changes in his beneficial ownership of Class A Common Stock due to a pro-rata distribution and indirect holdings through various entities.

Summary

• On February 5, 2025, Anthony P. Lee, a director of Roblox Corp, reported changes in his beneficial ownership of the company's Class A Common Stock.
• The changes include a pro-rata in-kind distribution of 38,164 shares from Altos Ventures Management, Inc. (AVMI).
• Lee's reported beneficial ownership includes direct holdings by AVMI and indirect holdings through various Altos Funds, Fallen Leaf entities, and trusts for his children.
• He disclaims beneficial ownership of shares held by the Altos Funds and Fallen Leaf entities, except to the extent of his pecuniary interest.
• The total indirectly held shares through various entities amount to several million shares.

Sentiment

Score: 5

Explanation: This is a neutral regulatory filing, so the sentiment is neither positive nor negative.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their potential impact on the stock's performance.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the ownership structure of the company.
• The filing has minimal impact on employees, customers, suppliers, and creditors.

Key Dates

Keywords

Form 4, Beneficial Ownership, Roblox, RBLX, Anthony P. Lee, Director, Securities, Stock