Roku, Inc. (NASDAQ: ROKU) media president sells shares after RSU vest
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ROKU, INC President, Roku Media Charles Collier reported a combination of RSU vesting, tax withholding, and an open-market sale of Class A common stock. On June 1, 2026, he exercised 29,340 Restricted Stock Units, each converting into one share of Class A Common Stock at a $0.00 exercise price.
On the same date, 14,773 shares were withheld by the issuer at $129.03 per share to satisfy income tax obligations tied to this vesting. On June 2, 2026, he sold 7,067 shares in an open-market transaction at $127.26 per share pursuant to his Rule 10b5-1 trading plan.
After these transactions, he directly held 15,200 shares of Class A Common Stock and had an additional 600 shares held indirectly through the Charles D. Collier Revocable Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 7,067 shares ($899,346)
Net Sell
5 txns
Insider
Collier Charles
Role
President, Roku Media
Sold
7,067 shs ($899K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 7,067 | $127.26 | $899K |
| Exercise | Restricted Stock Unit | 29,340 | $0.00 | -- |
| Exercise | Class A Common Stock | 29,340 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 14,773 | $129.03 | $1.91M |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 15,200 shares (Direct, null);
Restricted Stock Unit — 58,680 shares (Direct, null);
Class A Common Stock — 600 shares (Indirect, Charles D. Collier Revocable Trust)
Footnotes (1)
- Represents shares that have been withheld by the Issuer to satisfy income tax withholding and remittance obligations in connection with the vesting of certain RSU awards on June 1, 2026. Shares sold pursuant to Mr. Collier's 10b5-1 plan. Each RSU represents a contingent right to receive one share of Class A Common Stock of the Issuer. This RSU vests in sixteen substantially equal quarterly installments. The first installment vested on March 1, 2023.
Key Figures
Open-market sale: 7,067 shares at $127.26
RSU exercise: 29,340 shares at $0.00
Tax withholding shares: 14,773 shares at $129.03
+3 more
6 metrics
Open-market sale
7,067 shares at $127.26
Class A Common Stock sale on June 2, 2026
RSU exercise
29,340 shares at $0.00
RSUs converted to Class A shares on June 1, 2026
Tax withholding shares
14,773 shares at $129.03
Shares withheld to satisfy income tax obligations
Direct holdings after transactions
15,200 shares
Class A Common Stock held directly after June 2, 2026 sale
Indirect holdings
600 shares
Held via Charles D. Collier Revocable Trust as of June 1, 2026
RSU-to-share ratio
1 RSU : 1 share
Each RSU converts into one Class A share
Key Terms
Restricted Stock Unit, Rule 10b5-1 plan, income tax withholding, derivative security, +1 more
5 terms
Restricted Stock Unit financial
"This RSU vests in sixteen substantially equal quarterly installments."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Rule 10b5-1 plan financial
"Shares sold pursuant to Mr. Collier'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.
income tax withholding financial
"withheld by the Issuer to satisfy income tax withholding and remittance obligations"
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Revocable Trust financial
"Charles D. Collier Revocable Trust"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
FAQ
What insider transactions did Roku (ROKU) executive Charles Collier report?
Charles Collier reported RSU vesting, tax withholding, and a share sale. He exercised 29,340 Restricted Stock Units, had 14,773 shares withheld for taxes, and sold 7,067 Class A shares in an open-market transaction under a Rule 10b5-1 plan.
What Roku (ROKU) RSU activity did Charles Collier report in this Form 4?
He reported the vesting and exercise of 29,340 Restricted Stock Units into Class A shares at a $0.00 exercise price. Each RSU represents a contingent right to receive one share of Class A Common Stock, according to the filing footnotes.
What are Charles Collier’s Roku (ROKU) holdings after these transactions?
After the reported transactions, he directly held 15,200 shares of Roku Class A Common Stock. The filing also shows an additional 600 shares held indirectly through the Charles D. Collier Revocable Trust as of June 1, 2026.