Form 4: Roblox Director Anthony P. Lee Reports Share Distribution and Beneficial Ownership

Anthony P. Lee, a director of Roblox Corp, reported a pro-rata in-kind distribution of shares and detailed his direct and indirect beneficial ownership of Class A Common Stock.

Summary

• On September 16, 2024, Anthony P. Lee, a director of Roblox Corp, reported a transaction involving Class A Common Stock.
• The transaction involved a pro-rata in-kind distribution of 33,674 shares by Altos Ventures Management, Inc. (AVMI).
• Lee's report details his direct and indirect beneficial ownership of Roblox Class A Common Stock through various entities, including AVMI, Altos Ventures funds, and personal trusts.
• Lee disclaims beneficial ownership of shares held by Altos Funds and trusts, except to the extent of his pecuniary interest.
• The total number of shares beneficially owned indirectly by Lee through various entities amounts to several million.
• The reporting person is one of managing members of the general partners and managers of the respective entities that hold shares reported herein (the Altos Funds).

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing share ownership, with no inherent positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership by a company insider, which is a common occurrence for publicly traded companies.

Key Dates