Roku (ROKU) devices chief gains stock as RSUs vest and taxes withheld
Rhea-AI Filing Summary
ROKU, INC executive Mustafa Ozgen reported routine equity compensation activity involving restricted stock units and related tax withholding. On June 1, 2026, the company withheld 6,357 shares of Class A Common Stock at $129.03 per share to cover income tax obligations tied to RSU vesting.
On the same date, Ozgen acquired additional Class A shares through the vesting and conversion of multiple RSU awards, including an exercise of 16,150 shares and several derivative RSU conversions with a stated conversion price of $0.00 per share. The filing shows these as compensation-related transactions, not open-market purchases or sales, and reports continued direct ownership of Roku stock following the events.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 9,793 shares
Net Buy
5 txns
Insider
Ozgen Mustafa
Role
Pres, Devices, Prod, and Tech
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 4,910 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit | 6,790 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit | 4,450 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 16,150 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 6,357 | $129.03 | $820K |
Holdings After Transaction:
Restricted Stock Unit — 78,914 shares (Direct);
Class A Common Stock — 29,379 shares (Direct)
Footnotes (5)
- F1. 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.
- F2. Each RSU represents a contingent right to receive one share of Class A Common Stock of the Issuer.
- F3. This RSU vests in twelve substantially equal quarterly installments. The first installment vested on November 15, 2023.
- F4. This RSU vests in twelve substantially equal quarterly installments. The first installment vested on November 15, 2024.
- F5. This RSU vests in twelve substantially equal quarterly installments. The first installment vested on November 15, 2025 (or the next business day).
Key Figures
Shares withheld for taxes: 6,357 shares
Tax withholding price: $129.03 per share
Shares from derivative exercise: 16,150 shares
+4 more
7 metrics
Shares withheld for taxes
6,357 shares
Class A Common Stock withheld at $129.03 per share for income tax obligations
Tax withholding price
$129.03 per share
Value used when 6,357 Roku shares were withheld for taxes
Shares from derivative exercise
16,150 shares
Non-derivative transaction coded M acquiring Class A Common Stock
RSU conversion block 1
4,450 RSUs
Restricted Stock Units converting to Class A Common Stock at $0.00 conversion price
RSU conversion block 2
6,790 RSUs
Additional RSUs converting to Class A Common Stock at $0.00 conversion price
RSU conversion block 3
4,910 RSUs
Further RSUs converting to Class A Common Stock at $0.00 conversion price
Post-transaction common shares
29,379 shares
Total shares of Class A Common Stock following the tax-withholding transaction
Key Terms
Restricted Stock Unit, income tax withholding, contingent right, derivative security, +1 more
5 terms
Restricted Stock Unit financial
"The filing lists multiple transactions with the security title "Restricted Stock Unit" converting into Class A Common Stock."
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.
income tax withholding financial
"Footnotes state shares were withheld to satisfy income tax withholding and remittance obligations related to RSU vesting."
contingent right financial
"A footnote explains each RSU represents a contingent right to receive one share of Class A Common Stock."
derivative security financial
"Transaction code descriptions classify RSU-related entries as the exercise or conversion of a 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.
substantially equal quarterly installments financial
"Footnotes describe RSU awards that vest in twelve substantially equal quarterly installments starting on specific November 15 dates."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Roku (ROKU) executive Mustafa Ozgen report in this Form 4?
Mustafa Ozgen reported routine equity compensation activity, including RSU vesting and related tax withholding. He had restricted stock units convert into Class A Common Stock, while Roku withheld shares at $129.03 each to satisfy income tax obligations tied to these vesting events.
What do the RSU footnotes in Mustafa Ozgen’s Roku Form 4 explain?
The footnotes explain that each RSU equals one Roku Class A share and describe vesting schedules. They note RSUs vest in twelve substantially equal quarterly installments, with first vesting dates on November 15 of 2023, 2024, and 2025 for different awards, defining the timing of future conversions.
Does this Roku Form 4 show remaining derivative holdings for Mustafa Ozgen?
The derivative summary is empty, indicating no remaining derivative positions are listed in this filing. The reported derivative records are RSUs that converted to Class A Common Stock on June 1, 2026, leaving only the resulting common stock holdings visible after these compensation events.