Summary by Moomoo AI
Roblox Corporation has announced that the 2020 Jan Baszucki Gift Trust, associated with a director, officer, and 10% stockholder of the company, is set to sell 20,833 common shares. The planned sale, with an aggregate market value of approximately $903,110.55, is scheduled for 08/22/2024. These shares were originally acquired by the trust on 04/06/2004 as founders shares directly from the issuer. This transaction follows a series of sales over the past three months, where a total of 660,766 shares were sold for gross proceeds of $24,308,597.16. The trust had adopted a plan or given instruction for this sale on 11/29/2023.