Roblox (NYSE: RBLX) HR chief details RSU and PSU equity awards
Rhea-AI Filing Summary
Roblox Corp’s Chief People & Systems Officer Sean Jack Buckley filed an initial ownership report detailing his equity in the company. He directly holds 107,551 shares of Class A Common Stock, which include 86,627 restricted stock units that vest in tranches from May 20, 2026 through February 20, 2029, subject to continued service.
He also holds performance stock units tied to up to 50,286 underlying shares of Class A Common Stock. These PSUs vest only if Roblox meets specified Bookings and Covenant Adjusted EBITDA margin goals for two successive one-year periods beginning January 1, 2026, and a relative total shareholder return target over a two-year period ending December 31, 2027. Any PSUs that qualify will vest after performance is certified by the Leadership Development and Compensation Committee.
Positive
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Performance Stock Unit | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- Includes 86,627 Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. The RSUs vest as follows: 10,410 vest on 5/20/2026, 9,928 vest on 8/20/2026, 10,480 vest on 11/20/2026, 10,039 vest on 2/20/2027, 8,711 vest on 5/20/2027, 7,928 vest on 8/20/2027, 6,009 vest on 11/20/2027, 5,496 vest on 2/20/2028, 4,899 vest on 5/20/2028, 4,547 vest on 8/20/2028, 4,288 vest on 11/20/2028, and 3,892 vest on 2/20/2029, each subject to continued service to the Company as of each vesting date. The vesting of the performance stock units ("PSUs") is subject to satisfying performance-based requirements, including the achievement of certain Bookings and Covenant Adjusted EBITDA margin targets by the Issuer for two successive one-year periods beginning January 1, 2026 and a relative total shareholder return target by the Issuer during a two-year performance period from January 1, 2026 and December 31, 2027. Subject to continued service by the Reporting Person on the vesting date, 100% of the PSUs eligible to vest based on performance will vest following certification of performance results by our Leadership Development and Compensation Committee after the end of the two-year performance period on December 31, 2027. Represents that maximum number of shares of Class A Common Stock which may be issued under this award. Each performance stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.