Roku (ROKU) CEO-linked trusts convert 60,000 Class B and gift Class A
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Roku, Inc. insider activity shows trust-level share movements rather than open-market trading. A Wood 2017 Revocable Trust associated with CEO Anthony Wood converted 60,000 shares of Class B Common Stock into 60,000 shares of Class A Common Stock at a stated price of $0.00 per share.
That same day, the trust made a bona fide gift of 60,000 Class A shares to The Anthony J. Wood 2026 Annuity Trust V. Separately, 12,699 Class A shares moved from Anthony Wood’s direct ownership to the same annuity trust as a bona fide gift, leaving no shares reported in that direct block and 72,699 Class A shares reported for the annuity trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
60,000 shares exercised/converted
Mixed
12 txns
Insider
Wood Anthony J.
Role
CEO and Chairman BOD
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 60,000 | $0.00 | -- |
| Conversion | Class A Common Stock | 60,000 | $0.00 | -- |
| Gift | Class A Common Stock | 60,000 | $0.00 | -- |
| Gift | Class A Common Stock | 60,000 | $0.00 | -- |
| Gift | Class A Common Stock | 12,699 | $0.00 | -- |
| Gift | Class A Common Stock | 12,699 | $0.00 | -- |
| 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 — 16,393,111 shares (Indirect, Wood 2017 Revocable Trust);
Class A Common Stock — 60,000 shares (Indirect, Wood 2017 Revocable Trust);
Class A Common Stock — 0 shares (Direct)
Footnotes (1)
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FAQ
What did Roku (ROKU) CEO Anthony Wood’s trusts do in this Form 4?
The filing shows trust-level share movements linked to Anthony Wood. A revocable trust converted 60,000 Class B shares into 60,000 Class A shares, then gifted those 60,000 Class A shares to an annuity trust, all recorded as non-cash transactions.
Does Anthony Wood still have significant indirect Roku (ROKU) ownership after these moves?
Yes. After the 60,000-share Class B conversion, the Wood 2017 Revocable Trust still reports 16,393,111 Class B shares indirectly owned. Additional Class A share positions are listed for several other trusts associated with Anthony Wood as of the transaction date.