Summary by Moomoo AI
Roblox Corporation has announced that the 2020 David Baszucki Gift Trust, associated with Roblox's Director, Officer, and 10% Stockholder, is set to sell 20,834 common shares. The planned sale, with an aggregate market value of approximately $787,941.88, is scheduled for April 8, 2024. These shares were originally acquired as founders shares directly from the issuer on April 6, 2004. This transaction follows a series of sales over the past three months, where a total of 603,332 securities were sold, amounting to gross proceeds of $26,103,412.39.