Summary by Futu AI
The Baszucki Family Foundation, associated with Roblox Corporation as a director, officer, and 10% stockholder, has announced plans to sell 33,333 common shares of Roblox. The sale is expected to occur on 08/22/2024, with an aggregate market value of approximately $1,444,985.55. These shares were originally acquired as founders shares directly from the issuer on 04/06/2004. 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 notice of the planned sale was filed on the same date as the intended sale, with the plan for this transaction having been adopted on 11/29/2023.