Form 4: Roblox Director Gina Mastantuono Reports Stock Transaction
SEC Form 4 Filing
Gina Mastantuono, a director at Roblox Corp, reports the disposition of 1,833 shares of Class A common stock in exchange for an equal number of shares of phantom stock due to a deferred compensation plan.
Summary
- On February 20, 2025, Gina Mastantuono, a director at Roblox Corp, reported a transaction involving Class A Common Stock.
- The transaction involved the disposition of 1,833 shares of Class A common stock in exchange for 1,833 shares of phantom stock.
- This exchange occurred due to the vesting of restricted stock units and the election to defer receipt of the shares under Roblox Corporation's deferred compensation plan.
- Following the reported transaction, Mastantuono beneficially owns 16,207 shares of Class A Common Stock and 11,881 shares of phantom stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock transaction related to executive compensation. It doesn't inherently convey positive or negative sentiment.
Future Outlook
The phantom stock becomes payable in two lump sum payments each at 50% on March 1, 2028 subject to the Reporting Person continuing as a service provider through March 1, 2028 and 50% on a separation from service.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it primarily concerns the form of executive compensation for a director.
Key Dates
| Date | Description |
|---|---|
| 02/20/2025 | Date of transaction: Disposition of Class A common stock for phantom stock. |
| 02/24/2025 | Date of report filing. |
| 03/01/2028 | First payment date (50%) for phantom stock, contingent on continued service. |
Keywords
Roblox, RBLX, Form 4, Gina Mastantuono, Director, Stock Transaction, Phantom Stock, Deferred Compensation
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