Chief People Officer sells 21,413 RBLX shares for $1.3M at $61.61 avg; stock down 27.6% in 90d
Chakravarthy Arvind executed 3 separate sales totaling 21,413 shares for $1,319,234.46 on 2026-02-20, reducing his holdings by 10.8% to 177,589 shares. The sales occurred at prices ($60.95, $61.90, $62.69) now above the current price of $67.09, and the stock has declined 27.6% over the preceding 90 days. At the same ticker, his prior measurable sell on 2025-11-20 resulted in a -32.5% 90-day return, indicating 1 of 1 prior RBLX sells were well-timed. However, this current filing follows four additional RBLX sells in the nine days prior (2026-02-10 and 2026-02-11), all outcomes unmeasured. The company is unprofitable ($-255.6M net income) despite strong revenue growth of 35.8% year-over-year and a substantial market cap of $47.5B, creating fundamental tension between growth momentum and near-term profitability.