Form 4: Roblox Director Anthony P. Lee Sells Shares Under 10b5-1 Trading Plan
SEC Form 4
Anthony P. Lee, a director at Roblox Corp, sold shares of Class A Common Stock on May 21, 2025, under a pre-arranged Rule 10b5-1 trading plan.
Summary
- On May 21, 2025, Anthony P. Lee, a director of Roblox Corp, executed sales of Class A Common Stock.
- The sales were conducted under a Rule 10b5-1 trading plan adopted on November 15, 2024.
- A total of 14,000 shares were sold at a weighted average price of $82.4539 per share.
- The transactions resulted in adjustments to Mr. Lee's direct and indirect holdings of Roblox stock.
- Mr. Lee's remaining direct holdings after the transactions include 6,841,390 shares held by Fallen Leaf Revocable Trust, 293,728 shares held in a trust for his son, 293,728 shares held in a trust for his daughter, 870,351 shares held by Fallen Leaf LLC Sub Fund No. 1, and 111,112 shares held by Altos Hybrid 4, L.P.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports a pre-planned stock sale by a director. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
Insider trading activity is closely monitored by investors as it can provide insights into management's perspective on the company's future prospects. Sales under a 10b5-1 plan are generally viewed as less informative since they are pre-arranged.
Key Dates
| Date | Description |
|---|---|
| 2024-11-15 | Date of adoption of Rule 10b5-1 trading plan. |
| 2025-05-21 | Date of transaction (stock sale). |
| 2025-05-22 | Date of signature on the Form 4 filing. |
Keywords
Roblox, RBLX, Anthony P. Lee, Form 4, Insider Trading, Stock Sale, Rule 10b5-1, Director, Beneficial Ownership, Securities
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