Roblox (NYSE: RBLX) director defers RSU shares into phantom stock

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Roblox Corp (RBLX) director Gregory Baszucki reported an internal equity restructuring tied to vesting Restricted Stock Units. On August 20, 2026, his receipt of 1,296 shares of Class A Common Stock was deferred under Roblox’s deferred compensation plan, and instead he acquired 1,296 shares of phantom stock, each representing a right to one Class A share payable in a lump sum upon separation from service. The filing shows a corresponding disposition of 1,296 shares of Class A Common Stock and resulting direct ownership of 3,889 Class A shares, plus additional indirect holdings through family trusts and a Roth IRA where he may be deemed to have beneficial ownership.

Positive

• None.

Negative

• None.

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InsiderBaszucki Gregory
RoleDirector

Holdings After Transaction:

Phantom Stock — 1,296 shares (Direct);

Class A Common Stock — 3,889 shares (Direct);

Class A Common Stock — 11,961,720 shares (Indirect, See Footnotes)
Footnotes (8)

1. F1. In connection with the vesting on August 20, 2026, of Restricted Stock Units (“RSUs”) previously granted to the Reporting Person, the Reporting Person’s receipt of 1,296 shares of Class A Common Stock was deferred, resulting in the Reporting Person’s receipt instead of 1,296 shares of phantom stock pursuant to the Issuer’s deferred compensation plan. The Reporting Person is therefore reporting the disposition of 1,296 shares of Class A Common Stock in exchange for an equal number of shares of phantom stock.
2. F2. A portion of these securities are Restricted Stock Units (“RSUs”). Each RSU represents a contingent right to receive one share of the Issuer’s Class A Common Stock.
3. F3. These shares are held of record by the Greg and Christina Baszucki Living Trust dtd 08/18/2006 of which the Reporting Person serves as trustee. The Reporting Person may be deemed to have beneficial ownership of the shares held by the Trust.
4. F4. These shares are held directly by the Morningstar Dynasty Trust dtd 11/13/2020 of which Bessemer Trust Company of DE, N.A. serves as trustee. The Reporting Person may be deemed to have beneficial ownership of the shares held by the Trust.
5. F5. These shares are held directly by the Crossbow Dynasty Trust dtd 11/13/2020 of which Bessemer Trust Company of DE, N.A. serves as trustee. The Reporting Person may be deemed to have beneficial ownership of the shares held by the Trust.
6. F6. These shares are held directly under a Roth IRA account for the Reporting Person (formerly known as the PENSCO Trust Co).
7. F7. Each share of phantom stock represents a right to receive one share of Class A Common Stock.
8. F8. The phantom stock becomes payable in one lump sum payment upon separation from service.

Phantom stock acquired1,296 sharesPhantom Stock acquired August 20, 2026 in connection with RSU vesting
Class A shares disposed1,296 sharesClass A Common Stock exchanged for phantom stock on August 20, 2026
Direct Class A shares after transaction3,889 sharesTotal direct Class A Common Stock held following August 20, 2026 transaction
Restructuring shares total2,592 sharesShares involved in restructuring transactions per transactionSummary
Transaction price per share$0.0000Reported for both phantom stock and Class A Common Stock entries
phantom stockfinancial
“Each share of phantom stock represents a right to receive one share”
A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.
Restricted Stock Units (“RSUs”)financial
“In connection with the vesting on August 20, 2026, of Restricted Stock Units”
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
deferred compensation planfinancial
“pursuant to the Issuer’s deferred compensation plan”
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
beneficial ownershipfinancial
“The Reporting Person may be deemed to have beneficial ownership of the shares”
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
separation from servicefinancial
“The phantom stock becomes payable in one lump sum payment upon separation”

What insider transaction did Gregory Baszucki report for Roblox Corp (RBLX)?

Gregory Baszucki reported an equity restructuring on August 20, 2026, exchanging 1,296 shares of Roblox Class A Common Stock for 1,296 shares of phantom stock under the company’s deferred compensation plan tied to vesting Restricted Stock Units.

What is the nature of the phantom stock reported for Roblox (RBLX)?

Each share of phantom stock represents a right to receive one share of Roblox Class A Common Stock. The phantom stock becomes payable in one lump sum payment upon separation from service under Roblox’s deferred compensation plan.

Was Gregory Baszucki’s Roblox (RBLX) Form 4 transaction a market buy or sell?

No market buy or sell was reported. The Form 4 shows an internal restructuring: a disposition of 1,296 Class A shares in exchange for 1,296 phantom stock shares, reflecting deferred receipt of stock tied to RSU vesting.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/24/2026 – 04:36 PM
Accepted by SEC EDGAR 08/24/2026 – 04:36 PM
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SEC Form 4