Roku (ROKU) CEO Wood’s trust sells 75,000 shares, keeps over 16M Class B
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ROKU, INC CEO Anthony J. Wood, through the Wood 2017 Revocable Trust, reported a mixed set of insider transactions involving Roku Class A and Class B Common Stock. On May 11, 2026, the trust sold a total of 75,000 shares of Class A Common Stock in open-market transactions at weighted average prices ranging from $127.61 to $131.22 per share, under a pre-arranged Rule 10b5-1 trading plan.
On the same date, the Wood 2017 Revocable Trust converted 75,000 shares of Class B Common Stock into 75,000 shares of Class A Common Stock. After these transactions, the trust held 75,000 shares of Class A Common Stock and 16,193,111 shares of Class B Common Stock. The filing also lists additional indirect holdings in various Anthony J. Wood trusts and a direct holding of 14,228 Class A shares, indicating that the sales represent a small portion of his overall economic interest in Roku.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 75,000 shares ($9,659,240)
Net Sell
15 txns
Insider
Wood Anthony J.
Role
CEO and Chairman BOD
Sold
75,000 shs ($9.66M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 75,000 | $0.00 | -- |
| Conversion | Class A Common Stock | 75,000 | $0.00 | -- |
| Sale | Class A Common Stock | 34,660 | $128.17 | $4.44M |
| Sale | Class A Common Stock | 31,491 | $129.12 | $4.07M |
| Sale | Class A Common Stock | 7,238 | $129.87 | $940K |
| Sale | Class A Common Stock | 1,611 | $130.82 | $211K |
| 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 | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 16,193,111 shares (Indirect, Wood 2017 Revocable Trust);
Class A Common Stock — 75,000 shares (Indirect, Wood 2017 Revocable Trust);
Class A Common Stock — 14,228 shares (Direct, null)
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 $127.61 to $128.60 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 $128.61 to $129.61 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 $129.61 to $130.56 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 $130.61 to 131.22 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.
Key Figures
Class A shares sold: 75,000 shares
Sale price example: $130.82 per share
Sale price example: $129.87 per share
+5 more
8 metrics
Class A shares sold
75,000 shares
Open-market sales by Wood 2017 Revocable Trust on May 11, 2026
Sale price example
$130.82 per share
Weighted average price for 1,611 Class A shares sold
Sale price example
$129.87 per share
Weighted average price for 7,238 Class A shares sold
Sale price example
$129.12 per share
Weighted average price for 31,491 Class A shares sold
Sale price example
$128.17 per share
Weighted average price for 34,660 Class A shares sold
Shares converted
75,000 shares
Class B shares converted into Class A by Wood 2017 Revocable Trust
Class B holdings after
16,193,111 shares
Class B Common Stock held by Wood 2017 Revocable Trust after conversion
Direct Class A holding
14,228 shares
Class A Common Stock held directly by Anthony J. Wood
Key Terms
Class B Common Stock, Class A Common Stock, Rule 10b5-1 Plan, weighted average price, +1 more
5 terms
Class B Common Stock financial
"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"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
Class A Common Stock financial
"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"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Rule 10b5-1 Plan regulatory
"Shares sold pursuant to Mr. Wood's 10b5-1 Plan."
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
weighted average price financial
"The reported price in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Permitted Transfers regulatory
"any transfer except for certain "Permitted Transfers" as defined in the Issuer's restated certificate of incorporation"
FAQ
What insider transactions did Roku (ROKU) CEO Anthony J. Wood report?
Anthony J. Wood, via the Wood 2017 Revocable Trust, reported selling 75,000 Roku Class A shares and converting 75,000 Class B shares into Class A on May 11, 2026. These actions were part of a broader trust-held position in Roku stock.
What Roku (ROKU) holdings did the Wood 2017 Revocable Trust have after these transactions?
After the May 11, 2026 transactions, the Wood 2017 Revocable Trust held 75,000 shares of Roku Class A Common Stock and 16,193,111 shares of Class B Common Stock. Additional Roku shares are held indirectly through other Anthony J. Wood-related trusts and directly in his name.
How large is Anthony J. Wood’s remaining Roku (ROKU) position after the reported trades?
The filing shows substantial remaining holdings, including 16,193,111 Class B shares and 75,000 Class A shares in the Wood 2017 Revocable Trust, plus other indirect and direct positions. This indicates the 75,000 Class A shares sold represent a relatively small portion of his overall exposure.