Form 4: Roblox Director Defers Stock, Opts for Phantom Shares

Roblox Director Gina Mastantuono deferred the receipt of 1,125 Class A Common Stock shares from RSU vesting, opting for phantom stock under a deferred compensation plan.

Summary

• Gina Mastantuono, a Director at Roblox Corp, deferred the receipt of 1,125 shares of Class A Common Stock.
• This deferral occurred on November 20, 2025, in connection with the vesting of previously granted Restricted Stock Units (RSUs).
• Instead of receiving Class A Common Stock, Mastantuono received 1,125 shares of phantom stock through Roblox's deferred compensation plan.
• The transaction is reported as a disposition of Class A Common Stock for $0 in exchange for phantom stock.
• Following this transaction, Mastantuono beneficially owns 16,623 shares of Class A Common Stock (including RSUs) and 2,250 shares of phantom stock.
• Each share of phantom stock represents a right to receive one share of Class A common stock, payable in a lump sum upon separation from service.

Sentiment

Score: 5

Explanation: This is a neutral filing reporting a routine executive compensation deferral, with no direct positive or negative implications for the company's operational or financial performance.

Future Outlook

The phantom stock acquired by the reporting person will become payable in a single lump sum payment upon separation from service.

Management Comments

• Gina Mastantuono, a Director, elected to defer the receipt of vested Restricted Stock Units into phantom stock.

Industry Context

This transaction reflects a common executive compensation strategy where vested equity is deferred into a phantom stock plan, often for tax planning purposes, rather than an immediate sale or receipt of shares.

Comparison to Industry Standards

• Deferring vested equity into phantom stock is a common practice among executives in various industries, including technology and gaming, allowing for tax-efficient wealth management and alignment with long-term company performance.

Stakeholder Impact

• Minimal direct impact on shareholders as it's a routine executive compensation deferral. It indicates a director's long-term commitment through deferred compensation.

Next Steps

• The phantom stock will be paid out upon the reporting person's separation from service.

Key Dates

Recommendation

This Form 4 reports a routine executive compensation deferral by a director, which does not provide new material information regarding the company's operational performance, financial health, or strategic direction to warrant a change in investment recommendation. The transaction reflects an individual's compensation strategy rather than a signal about the company's immediate prospects.

Keywords

Roblox, RBLX, Form 4, Insider Transaction, Deferred Compensation, Phantom Stock, RSU, Restricted Stock Units, Director Compensation