Roku (ROKU) CEO-linked trust converts and sells 50,000 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Roku, Inc. insider Anthony J. Wood, through the Wood 2017 Revocable Trust, converted 50,000 shares of Class B Common Stock into 50,000 shares of Class A Common Stock on February 10, 2026.
That trust then sold all 50,000 Class A shares in three open-market transactions under Mr. Wood's 10b5-1 plan at weighted average prices of $90.12, $90.82, and $91.44 per share. Following these transactions, the trust still indirectly holds 16,453,111 shares of Class B Common Stock, and Mr. Wood retains additional Class A holdings directly and through multiple other trusts.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 50,000 shares ($4,539,699)
Net Sell
12 txns
Insider
Wood Anthony J.
Role
CEO and Chairman BOD
Sold
50,000 shs ($4.54M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 50,000 | $0.00 | -- |
| Conversion | Class A Common Stock | 50,000 | $0.00 | -- |
| Sale | Class A Common Stock | 10,579 | $90.12 | $953K |
| Sale | Class A Common Stock | 29,575 | $90.82 | $2.69M |
| Sale | Class A Common Stock | 9,846 | $91.44 | $900K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 16,453,111 shares (Indirect, Wood 2017 Revocable Trust);
Class A Common Stock — 50,000 shares (Indirect, Wood 2017 Revocable Trust);
Class A Common Stock — 12,699 shares (Direct)
Footnotes (1)
- Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock and has no expiration date. Shares of Class B Common Stock will convert automatically into shares of Class A Common Stock upon the earlier of: (i) any transfer except for certain "Permitted Transfers" as defined in the Issuer's restated certificate of incorporation, (ii) the first "Trading Day", as defined in the Issuer's restated certificate of incorporation, falling on or after the date on which the shares of Class B Common Stock represent less than 10% of the aggregate number of outstanding shares of Class A Common Stock and Class B Common Stock or (iii) the vote of the holders of Class B Common Stock representing at least 66-2/3% of the shares of Class B Common Stock. Shares sold pursuant to Mr. Wood's 10b5-1 Plan. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $89.26 to $90.25 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $90.28 to $91.27 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $91.28 to $91.76 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
FAQ
What did Roku (ROKU) CEO Anthony Wood report in this Form 4 filing?
Anthony Wood reported that the Wood 2017 Revocable Trust converted 50,000 shares of Class B Common Stock into 50,000 Class A shares, then sold all 50,000 Class A shares in open-market transactions on February 10, 2026 under a pre-arranged 10b5-1 trading plan.