Roblox Chief Legal Officer Sells $250K in Class A Shares Under 10b5-1 Plan
Roblox Corp
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Filing Summary
# Roblox Corp (RBLX) - Insider Transaction Report
**Insider:** Mark Reinstra
**Title:** Chief Legal Off. & Corp. Sec.
**Filing Date:** October 6, 2026
**Transaction Date:** October 5, 2026
### Transaction Summary
- **Type:** Open Market Sale (Rule 10b5-1 Plan)
- **Shares Sold:** 5,666 shares
- **Average Price:** ~$44.20 ($43.88 - $44.56)
- **Total Gross Value:** $250,421.66
- **Post-Transaction Direct Ownership:** 386,625 shares
- **Additional Indirect Ownership:** 220,654 shares across various trusts
- **Significance:** Low (Pre-scheduled under 10b5-1 plan, represents <1.5% of total holdings)
Comprehensive Analysis
Executive Summary
On October 6, 2026, Roblox Corp ($RBLX) Chief Legal Officer and Corporate Secretary Mark Reinstra filed a Form 4 disclosing the sale of 5,666 shares of Class A Common Stock on October 5, 2026. The transaction generated gross proceeds of approximately $250,421.66 at a weighted-average sale price of ~$44.20 per share.
Transaction Details
The shares were disposed of through two tranches:
- 3,000 shares sold at a weighted average price of $43.8773 (ranging between $43.36 and $44.25).
- 2,666 shares sold at a weighted average price of $44.5573 (ranging between $44.39 and $44.72).
Both transactions were executed pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on February 19, 2026.
Ownership Structure & Market Impact
- Direct Holdings Post-Sale: 386,625 shares (including RSUs).
- Indirect Holdings Post-Sale: 220,654 shares held across multiple trusts (San Domenico Trust, Mark L. Reinstra Annuity Trusts, and Susan P. Reinstra Annuity Trusts).
- Significance: Low. The disposition represents less than 1% of the insider's combined direct and indirect beneficial ownership and was conducted pursuant to an established 10b5-1 plan.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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