Michael Guthrie Sells 10,972 Shares of Roblox Co. (NYSE:RBLX) Stock

Michael Guthrie is a former executive at Roblox Corporation, an American online gaming and entertainment platform. On August 19, 2021, he sold 10,972 shares of Roblox stock for a total value of $35.4 million. The sale was made through his investment firm, Guthrie Investment Management, LLC.

Roblox Corporation is a publicly traded company listed on the New York Stock Exchange under the ticker symbol "RBLX". The company was founded in 2006 by David Baszilevsky, Eric Hodgson, and Kris Maguire. Roblox's platform allows users to create and share games, experiences, and virtual worlds that can be accessed by millions of people around the world.

Michael Guthrie served as the Chief Operating Officer (COO) of Roblox from 2015 to 2019. During his tenure, he played a key role in the company's growth and expansion, including the launch of new features and services such as Roblox Studio, which allows users to create games without coding experience.

After leaving Roblox, Michael Guthrie formed his own investment firm, Guthrie Investment Management, LLC, which focuses on investing in technology and media companies. He has also served on the board of directors for several other companies, including Zoom Video Communications, Inc., where he currently serves as the lead independent director.