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Morgan Stanley Says ‘Bear Market Rally’ Is Now Over

Reuters

Roblox founder’s pay jumps to $233 million on long-term stock awards

Baszucki, who will not get any other direct compensation through 2027, will receive the award in parts over the years only if Roblox shares achieve certain milestones, the filing added. The so-called “Long-Term Performance Award” is a pay method followed by some companies, including Tesla Inc, as a way to retain top executives by tying their earnings to company performance. Roblox, which made it’s market debut in March last year, posted an 83% rise in revenue, but a wider-than-expected 25 cents per share loss in the fourth quarter in February.

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