secwatch.observer — SEC 8-K summary
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Issuer:     Roblox Corp (RBLX)
CIK:        0001315098
Form:       8-K
Filed at:   2023-03-17T23:59:59+00:00
Accession:  0001315098-23-000050
Event type: other_material
Sentiment:  neutral
Materiality: 0.20
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Roblox adopts deferred compensation plan for select management and directors
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- Board approved the Deferred Compensation Plan on March 16, 2023.
- Eligible employees may defer up to 90% of base salary and 100% of cash bonus; directors may defer 100% of cash fees.
- Participants may also defer up to 100% of RSUs and PSUs granted under the equity plan.
- Deferrals are unfunded, unsecured obligations; payouts occur at separation, disability, death, change in control, or unforeseeable emergency.
- Company retains right to amend or terminate plan without participant consent, but cannot reduce credited amounts.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1315098/000131509823000050/0001315098-23-000050-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1315098/000131509823000050/rblx-20230316.htm
  HTML page:      https://secwatch.observer/filing/0001315098-23-000050

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