The boss of Roblox Corp. received a pay package that the videogame company valued at $233 million last year, instantly putting him in the ranks of the country’s top-paid chief executives, a Monday Securities filing showed.

David Baszucki, co-founder and chief executive officer of Roblox, had received just $6.8 million in 2020. Most of his 2021 package is made up of restricted stock dependent on the company meeting certain milestones, a common retention tool that underscores how some executives can end up with big payouts.

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This post first appeared on wsj.com

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