Form 4: Roblox Director Baszucki Gifts Shares to Charity
Insider Transaction Report
Roblox Director Gregory Baszucki reported a gift of 44,248 Class A Common Stock shares to a charitable organization, reducing his indirect holdings.
Summary
- Gregory Baszucki, a Director and 10% Owner of Roblox Corp (RBLX), reported a transaction on November 5, 2025.
- The transaction involved the disposition of 44,248 shares of Class A Common Stock as a gift to a charitable organization.
- The gifted shares were indirectly held through the Greg and Christina Baszucki Living Trust.
- Following the gift, the Greg and Christina Baszucki Living Trust beneficially owns 8,994,496 shares of Class A Common Stock.
- Baszucki also directly owns 12,596 Restricted Stock Units (RSUs).
- Additional indirect holdings include 869,250 shares each in the Morningstar Dynasty Trust and the Crossbow Dynasty Trust, and 1,319,500 shares in a Roth IRA account.
Sentiment
Score: 5
Explanation: Neutral, as it reports a routine insider transaction (a gift) which does not directly impact the company's operational or financial performance.
Future Outlook
This filing, a Form 4, reports an insider transaction and does not contain any forward-looking statements or guidance regarding the company's future outlook.
Industry Context
This insider transaction report is specific to a director's shareholdings and does not provide information related to broader industry trends or competitive landscape.
Related Party Transactions
- Shares are held of record by the Greg and Christina Baszucki Living Trust, of which the Reporting Person serves as trustee.
- Shares are held directly by the Morningstar Dynasty Trust and the Crossbow Dynasty Trust, where Bessemer Trust Company of DE, N.A. serves as trustee, and the Reporting Person may be deemed to have beneficial ownership.
- Shares are held directly under a Roth IRA account for the Reporting Person.
Stakeholder Impact
- Shareholders: A minor reduction in indirect insider holdings, generally considered neutral as it is a gift rather than a sale.
- Charitable Organization: Positive impact through the receipt of gifted shares.
Key Dates
| Date | Description |
|---|---|
| 11/05/2025 | Date of transaction (gift of Class A Common Stock shares) |
| 11/06/2025 | Date the Form 4 was filed |
Keywords
Roblox, RBLX, Gregory Baszucki, Form 4, insider transaction, share disposition, gift, Class A Common Stock, beneficial ownership
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