RBLX.NYSERoblox CORP

Form 4: Roblox Director Gina Mastantuono Reports Stock Transaction

Sentiment:

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

DateDescription
02/20/2025Date of transaction: Disposition of Class A common stock for phantom stock.
02/24/2025Date of report filing.
03/01/2028First 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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