Roblox Chief Legal Officer Executes Planned Sale of 5,773 Shares
Roblox Corp
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Filing Summary
📊 Insider Sale Alert: Roblox Corp ($RBLX) Insider: Mark Reinstra (Chief Legal Off. & Corp. Sec.) Action: Sold 5,773 shares of Class A Common Stock Price: ~$44.80 (weighted average range: $43.71 - $45.73) Total Value: $258,620.96 Remaining Direct Holdings: 392,291 shares Notes: Executed under a Rule 10b5-1 trading plan established on February 19, 2026.
Comprehensive Analysis
Executive Summary
On September 8, 2026, Mark Reinstra, Chief Legal Officer and Corporate Secretary of Roblox Corp ($RBLX), sold 5,773 shares of Class A Common Stock for an aggregate amount of approximately $258,620.96 across three weighted-average tranches.
Transaction Breakdown
- 1,920 shares sold at a weighted average price of $44.30 (range: $43.71 – $44.67).
- 3,753 shares sold at a weighted average price of $45.03 (range: $44.71 – $45.63).
- 100 shares sold at a price of $45.73.
Ownership & Plan Context
- Rule 10b5-1 Plan: The sales were executed automatically pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on February 19, 2026.
- Direct Holdings After Transaction: 392,291 shares (inclusive of Restricted Stock Units).
- Indirect Holdings: 220,654 shares held across multiple family and annuity trusts.
- Significance Assessment: Low. The transaction represents a routine, pre-planned liquidation of a small fraction of the executive's total equity holdings.
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