ROKU Form 4: VP Matthew Banks disposes 3,360 shares, retains 5,195

Rhea-AI Filing Summary

What happened: Roku officer Matthew C. Banks reported a sale of common stock: he sold 3,360 shares at $85.05 per share and now directly owns 5,195 shares.

Why it matters: This Form 4 records an insider sale by a senior finance executive. It documents a change in ownership but does not explain the reason for the sale; investors watch these filings to monitor insider confidence.

Positive

• Reporting shows the officer retains a direct stake of 5,195 shares after the sale
• Form 4 was submitted and signed by an authorized attorney-in-fact, indicating procedural compliance

Negative

• An officer executed a sale of 3,360 shares, which reduces insider holdings
• The filing does not state the reason

Insights

Securities Analyst

TL;DR: An officer sold 3,360 Roku shares at $85.05, leaving 5,195 shares; this is a recorded insider sale with neutral immediate impact.

Detailed analysis: The filing shows a straightforward sale transaction by Matthew C. Banks, Roku's VP, Corporate Controller & CAO. The sale reduces his direct holdings to 5,195 shares. There is no information here about the reason for the sale, any trading plan, or broader changes to compensation or equity programs. On its face, this looks like a routine disclosure of insider activity rather than a material corporate event.

Corporate Governance Expert

TL;DR: Form 4 was filed reporting an officer sale and shows continued insider ownership; no governance red flags are apparent from the filing alone.

Detailed analysis: The form identifies the reporting person as an officer and records the disposition of shares along with post-transaction ownership. The form was signed via attorney-in-fact, which is an accepted procedural practice. Absent additional details such as a trading plan, unusual timing, or related-party transactions, this filing does not by itself indicate governance issues. Stakeholders may note the sale but should seek context before drawing conclusions.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Banks Matthew C.

(Last) (First) (Middle)

C/O ROKU, INC.

1173 COLEMAN AVE.

(Street)

SAN JOSE CA 95110

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ROKU, INC [ ROKU ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	VP, Corp Controller & CAO

3. Date of Earliest Transaction (Month/Day/Year)
08/04/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	08/04/2025		S		3,360	D	$85.05	5,195	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

Exhibit 24.1 - Power of Attorney and Exhibit 24.2 - Power of Attorney

	/s/ Renee Strandness, attorney-in-fact	08/05/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did the Roku (ROKU) Form 4 report?

The Form 4 reports that officer Matthew C. Banks sold 3,360 shares of Roku common stock at $85.05 per share and now directly owns 5,195 shares.

When was the transaction reported for ROKU insider activity?

The reported transaction date on the Form 4 is 08/04/2025, with the form submission signed on 08/05/2025.

Does the Form 4 explain why the Roku officer sold shares?

No. The Form 4 records the sale amount and resulting ownership but does not provide a reason

How many shares does the officer own after the sale?

After the reported sale, the officer directly owns 5,195 shares of Roku common stock according to the Form 4.

Is this Form 4 filing a sign of governance problems at Roku?

The filing shows a routine insider sale and includes an authorized signature; it does not by itself indicate governance problems but investors may seek more context.