{
  "ticker": "RBLX",
  "company": "Roblox Corporation",
  "cik": "0001315098",
  "exchange": null,
  "gics_sector": "Communication Services",
  "industry": "Communication Services",
  "logo_url": "https://www.google.com/s2/favicons?domain=roblox.com&sz=128",
  "from_state": "DE",
  "to_state": "NV",
  "effective_date_iso": "2025-05-30",
  "actual_effective_date_iso": "2025-05-30",
  "proposed_effective_date_iso": null,
  "source_confidence": "VERIFIED_VOTE",
  "is_legal_precedent": 0,
  "vote_mechanism": "MEETING",
  "approval_basis": "For \u00f7 outstanding voting power (DGCL \u00a7266 conversion; Class A 1-vote + Class B 20-vote)",
  "threshold_result": "PASSED",
  "event_type": "REINCORPORATION",
  "two_attempt_flag": 0,
  "prior_failed_vote_flag": 0,
  "governance_concession_redo_flag": 0,
  "subsequent_event_flag": 0,
  "subsequent_event_type": null,
  "subsequent_event_date_iso": null,
  "subsequent_event_note": null,
  "public_tier": "VERIFIED_TRACKER",
  "event_study_announcement_json": "{\"event_date\":\"2025-04-17\",\"event_tag\":\"announcement\",\"estimation_window\":\"2024-05-02 to 2025-04-16 (240 days)\",\"specifications\":[{\"name\":\"Synthetic control (10-donor Communication Services peer pool)\",\"day0_ar\":0.00521342844695366,\"p_value\":null,\"p_label\":\"no inference (point estimate)\",\"extra\":{\"pre_rmspe\":0.02952600022703218,\"n_donors\":10,\"top_weights\":{\"TTWO\":0.4417,\"BYD\":0.235,\"DKNG\":0.1527,\"EA\":0.0889,\"U\":0.0708},\"r2_pre\":0.14868092033684832}},{\"name\":\"Market model (SPY benchmark)\",\"day0_ar\":0.006778809016510277,\"p_value\":0.8191542855584222,\"p_label\":\"Patell-z p-value\",\"extra\":{\"alpha\":0.00217281375560957,\"beta\":1.0799118377815018,\"r2\":0.1741813466714267}},{\"name\":\"Sector-augmented model (SPY + Communication Services ETF (XLC))\",\"day0_ar\":0.0033824090933117197,\"p_value\":0.9084273565956937,\"p_label\":\"Patell-z p-value\",\"extra\":{\"alpha\":0.001909187310474489,\"beta_mkt\":0.4731776246052197,\"beta_sector\":0.6993856853652363,\"r2\":0.18766853313785936},\"is_headline\":true},{\"name\":\"Matched pair (vs TTWO, market-model-adjusted)\",\"day0_ar\":0.0027995694099053883,\"p_value\":0.9340145469676504,\"p_label\":\"two-sided p-value\",\"extra\":{\"se\":0.033813267682831716,\"t\":0.08279499740058653}},{\"name\":\"Raw differential vs TTWO\",\"day0_ar\":0.0040117962552066455,\"p_value\":null,\"p_label\":\"no inference\",\"extra\":{}}],\"robustness\":{\"pretrend_test\":{\"slope_pct_per_day\":-0.0005924893694283559,\"p_slope\":0.8451324377322209,\"verdict\":\"no_pretrend_detected\"},\"sign_test\":{\"n_same_direction\":8,\"n_total\":10,\"binomial_p_two_sided\":0.109375},\"synth_fit\":{\"pearson_corr\":0.8939781117027447,\"r_squared_levels\":0.14868092033684832,\"durbin_watson\":1.9641690736027329}},\"per_window\":[],\"_source\":\"Source A: phase4v cohort runner (5 specs + robustness, 2026-04-28 yfinance pull); joined into data.json by phase5z_join_full_battery.py\",\"event_kind\":\"announcement\",\"t0_source_field\":\"announcement_date_iso\"}",
  "announcement_date_iso": "2025-04-17",
  "meeting_date_iso": "2025-05-29",
  "vote_result": "APPROVED",
  "status_label": "COMPLETED",
  "market_cap_usdmm": 39500.0,
  "bucket_class": "B2",
  "public_bucket_code": "C",
  "public_bucket_label": "Post-SB29 DExit completed (Nevada)",
  "public_bucket_subcode": "C-NV",
  "panel_eligibility": "PANEL_A_post_SB29",
  "transaction_status": "COMPLETED",
  "audit_status": "VERIFIED_PROXY",
  "audit_notes": "No primary-source EDGAR accession in v6 rev78; manual EDGAR pull required. | Phase 2 EDGAR verification 2026-04-28: DEF 14A 2026-04-16 accession 0001104659-26-044362. Reclassified from A/PANEL_E_DE_baseline -> D/PANEL_A_post_SB29. | Phase 2.6 correction 2026-04-27: Phase 2.5 had set bucket_class=D (pending), but legacy NV_eff_dt / TX_eff_dt columns already held completed effective dates. Corrected bucket_class=C (post-SB29 completed mover). Set Panel_A_reincorporator_flag=1, Panel_A_completed_effective_flag=1, bucket_C_post_SB29_DExit=1, and zeroed out bucket_A / bucket_Z / Panel_A_unverified flags. | Phase 3F: cleared future meeting_date_iso=2026-06-12 \u2014 firm already moved (eff_date=2025-06-02); the future date was the next annual meeting at the new domicile, not the reincorporation vote. | Phase 3F vote-result inferred APPROVED from status=COMPLETED + populated eff date (2025-06-02). Original vote_result was 'SCHEDULED'. Verify with 8-K if uncertain. | [2026-04-28] Phase 4I: replaced Google-search IR fallback with direct URL https://ir.roblox.com/ | [2026-04-28] Phase 4K: corrected year error (announcement 2026-04-10 -> 2025-04-17). Annual meeting 2025-05-29; eff 2025-05-30 5:00pm ET. | [2026-04-28] Phase 4N: synthesized event_study_announcement_json from existing scalar CAR cells (phase4a_v2 join). Reviewer can extend with multi-spec analysis.\n[2026-04-28] phase5c: vote source 8-K 0001315098-25-000178 (2025-06-02, \u0394=4d) applied from EDGAR pull (status=AUTO_RESOLVED)\n[2026-04-28] phase5c: vote source 8-K 0001315098-25-000178 (2025-06-02, \u0394=4d) applied from EDGAR pull (status=AUTO_RESOLVED)\n[2026-04-29] phase5r: bucket 'C' -> 'B2' (DE->NV effective 2025-05-30 >= SB29 -> bucket B2)\n[2026-04-29] phase5t: row independently validated by external Reviewer A; bucket and key dates match current dataset (v3.55)\n[2026-04-29] phase5u: row independently validated by external Reviewer (full-residual pass, 78/276 substantive answers); validations applied: V_DATE_ANN=CONFIRM; V_BUCKET=WRONG=B2; primary-source URLs all under https://www.sec.gov/Archives/\n[2026-04-29] phase5v: row independently re-validated by external Reviewer (Round 4 full-residual pass, 85/276 substantive); all bucket and pending-status conclusions match v3.57 | [2026-04-29] v3.75: VERIFIED via 8-K Item 5.07 \u2014 annual meeting May 29, 2025; effective May 30, 2025 5pm ET. 517M Class A + 48M Class B outstanding. 92.9% of voting power present at meeting. Standard: DGCL \u00a7266 majority-of-outstanding-voting-power. Item 5.07 vote-tallies pincite pending; majority-of-outstanding test was met.",
  "edgar_accession": null,
  "edgar_accession_note": null,
  "links": [
    {
      "label": "IR",
      "url": "https://ir.roblox.com/",
      "link_type": "ir"
    },
    {
      "label": "EDGAR",
      "url": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001315098&type=&dateb=&owner=include&count=40",
      "link_type": "search"
    },
    {
      "label": "Proxy",
      "url": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001315098&type=DEF+14A&dateb=&owner=include&count=40",
      "link_type": "search"
    }
  ],
  "car": {
    "value": -0.03714456470191273,
    "significant_5pct": 0,
    "specification": "panel_A_pooled_3primary",
    "source": "05_REVIEWER_AUDIT_PACKAGE/code/panelA_CAR_BHAR_matrix_v2.3.csv",
    "status": "ESTIMATED",
    "bhar_3mo": 0.725797,
    "bhar_6mo": 0.498894,
    "pooled_3primary": -0.03714456470191273,
    "t0_a": -0.04233909107943734,
    "t0_b": -0.03364124873911374,
    "t0_c": 0.03883577511663835,
    "announce": {
      "value": -0.04233909107943734,
      "pvalue": null,
      "specification": "panel_A_T0_announcement",
      "event_date": null
    },
    "vote": {
      "value": -0.03364124873911374,
      "pvalue": null,
      "specification": "panel_A_T0_vote",
      "event_date": null
    }
  },
  "votes_for": null,
  "votes_against": null,
  "votes_abstain": null,
  "votes_broker_nonvote": null,
  "approval_pct": null,
  "votes_for_disinterested": null,
  "votes_against_disinterested": null,
  "votes_abstain_disinterested": null,
  "votes_broker_nonvote_disinterested": null,
  "approval_pct_disinterested": null,
  "approval_basis_disinterested": null,
  "announcement_PRE_14A_accession": null,
  "announcement_PRE_14A_url": null,
  "vote_source_8k_accession": "0001315098-25-000178",
  "vote_source_8k_url": "https://www.sec.gov/Archives/edgar/data/1315098/000131509825000178/rblx-20250529.htm",
  "vote_proposal_title": null,
  "meeting_type": null,
  "approval_standard": "majority of the voting power of the outstanding stock entitled to vote (DGCL \u00a7266 conversion)",
  "companion_proposal": null,
  "proxy_advisors": null,
  "management_response": null,
  "press_coverage": [],
  "prior_vote": null,
  "panel_a_tx_incumbent": 0,
  "panel_b_dexit_mover": 1,
  "texas_statutory_adoptions": {
    "tboc_21_552": {
      "name": "SB 29 \u2014 TBOC \u00a721.552 derivative threshold",
      "adopted": 0,
      "source": null,
      "url": null,
      "date": null
    },
    "tboc_21_373": {
      "name": "SB 1057 \u2014 TBOC \u00a721.373 shareholder-proposal threshold",
      "adopted": null,
      "source": null,
      "url": null,
      "date": null
    }
  },
  "event_study_outcome_json": "{\"event_date\":\"2025-05-30\",\"event_kind\":\"outcome\",\"event_tag\":\"outcome\",\"t0_source_field\":\"actual_effective_date_iso\",\"estimation_window\":\"trailing 240 days; 240 valid after NaN drop\",\"specifications\":[{\"name\":\"Market model (SPY benchmark)\",\"day0_ar\":0.023605139175929293,\"p_value\":0.35641466309036707,\"p_label\":\"Patell-z p-value\",\"extra\":{\"alpha\":0.0034469187289649567,\"beta\":1.0939286920036502,\"r2\":0.24036482063417042,\"sigma\":0.02554207653270955},\"is_headline\":true}],\"_meta\":{\"n_valid_pre_days\":240},\"_source\":\"Source B: phase4v3 NaN-safe runner (outcome/vote window, 2026-04-29 yfinance pull); joined by phase5z_join_full_battery.py\"}",
  "announcement_source_type": null,
  "announcement_accession_verified": "N",
  "date_quality_flag": "LOW",
  "controlled": 1,
  "controller_pct_voting_power": 65.1,
  "controller": "David Baszucki",
  "controller_source": "Dual-class B (20:1)",
  "event_study_longrun_json": "{\"event_kind\":\"longrun\",\"event_date\":\"2025-05-30\",\"t0_source_field\":\"actual_effective_date_iso\",\"horizons\":[{\"label\":\"BHAR_21d\",\"lay_label\":\"1 month\",\"horizon_days\":21,\"n_days_available\":21,\"bhar_vs_spy\":0.10611668988982648,\"bhar_vs_sector\":0.09186122262704544,\"sector_etf\":\"XLC\",\"patell\":{\"car\":0.038798747626397324,\"z\":0.29290813029898544,\"p_value\":0.7695923742000967,\"n\":21}},{\"label\":\"BHAR_63d\",\"lay_label\":\"3 months\",\"horizon_days\":63,\"n_days_available\":63,\"bhar_vs_spy\":0.3347262176871557,\"bhar_vs_sector\":0.3312112413706805,\"sector_etf\":\"XLC\",\"patell\":{\"car\":0.09960652298892325,\"z\":0.4341510664502901,\"p_value\":0.6641787445297198,\"n\":63}},{\"label\":\"BHAR_126d\",\"lay_label\":\"6 months\",\"horizon_days\":126,\"n_days_available\":126,\"bhar_vs_spy\":-0.0735886814426654,\"bhar_vs_sector\":-0.052158879992213025,\"sector_etf\":\"XLC\",\"patell\":{\"car\":-0.395024530500985,\"z\":-1.2174809083872191,\"p_value\":0.22342129597223526,\"n\":126}},{\"label\":\"BHAR_252d\",\"lay_label\":\"12 months\",\"horizon_days\":252,\"n_days_available\":230,\"bhar_vs_spy\":null,\"bhar_vs_sector\":null,\"sector_etf\":\"XLC\",\"patell\":null}],\"calendar_time_alpha\":{\"vs_spy\":{\"alpha_daily\":-0.003482322336243233,\"alpha_annualized\":-0.5848339560643099,\"t_stat\":-1.6189154789561617,\"p_value\":0.10546544993388167,\"n_days\":230,\"se_type\":\"Newey-West HAC, lag=5\"},\"vs_sector\":{\"alpha_daily\":-0.0029205433011027884,\"alpha_annualized\":-0.5214783077280329,\"t_stat\":-1.407572815291316,\"p_value\":0.15925760181859372,\"n_days\":230,\"se_type\":\"Newey-West HAC, lag=5\"}},\"estimation_window\":\"trailing 240 days; market-model alpha+beta for Patell-z baseline\",\"_meta\":{\"n_post_days_available\":230,\"elapsed_days\":335,\"as_of\":\"2026-04-30\"},\"_source\":\"phase5z_compute_longrun.py; yfinance pull at run time\"}",
  "_evidence_strength": {
    "badge": "SILVER",
    "score": 55,
    "max": 100,
    "components": {
      "source_confidence": 25,
      "vote_totals": 0,
      "effective_date": 20,
      "car_estimate": 10,
      "edgar_accession": 0
    }
  },
  "_context_callout": "Mid-to-large-cap firm ($39.5B) with sufficient market depth for reliable event-study identification.",
  "_generated_at": "2026-04-30"
}