Roku CEO Anthony J. Wood disposes of 28 options
Eligible vested ROKU options were cancelled and converted into merger consideration less each option’s exercise price, in FOX stock-and-cash proportions.
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Form Type
4
Rhea-AI Filing Summary
ROKU CEO and Chairman Anthony J. Wood reported 28 stock-option dispositions dated November 6, 2026, when ROKU and Fox completed their merger. Each option was fully vested. Under the merger terms, qualifying vested, outstanding and unexercised in-the-money options were cancelled and converted into a right to receive merger consideration reduced by the applicable exercise price, in the same FOX stock-and-cash proportions. One reported option covered 5,753 Class A shares and had a $40.56 exercise price.
Insider Trade Summary
Disposition: 82,878 shares
Disposition
28 txns
Insider
Wood Anthony J.
Role
CEO and Chairman BOD
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Stock Option (right to buy) F1, F2, F4, F5, F3 | 5,753 | -- | -- |
| Disposition | Stock Option (right to buy) F4, F5, F3 | 5,504 | -- | -- |
| Disposition | Stock Option (right to buy) F4, F5, F3 | 5,139 | -- | -- |
| Disposition | Stock Option (right to buy) F4, F5, F3 | 5,042 | -- | -- |
| Disposition | Stock Option (right to buy) F4, F5, F3 | 4,737 | -- | -- |
| Disposition | Stock Option (right to buy) F4, F5, F3 | 4,719 | -- | -- |
| Disposition | Stock Option (right to buy) F4, F5, F3 | 4,109 | -- | -- |
| Disposition | Stock Option (right to buy) F4, F5, F3 | 4,056 | -- | -- |
| Disposition | Stock Option (right to buy) F4, F5, F3 | 3,917 | -- | -- |
| Disposition | Stock Option (right to buy) F4, F5, F3 | 3,903 | -- | -- |
| Disposition | Stock Option (right to buy) F4, F5, F3 | 3,417 | -- | -- |
| Disposition | Stock Option (right to buy) F4, F5, F3 | 3,255 | -- | -- |
| Disposition | Stock Option (right to buy) F4, F5, F3 | 2,780 | -- | -- |
| Disposition | Stock Option (right to buy) F4, F5, F3 | 2,571 | -- | -- |
| Disposition | Stock Option (right to buy) F4, F5, F3 | 2,263 | -- | -- |
| Disposition | Stock Option (right to buy) F4, F5, F3 | 1,858 | -- | -- |
| Disposition | Stock Option (right to buy) F4, F5, F3 | 1,852 | -- | -- |
| Disposition | Stock Option (right to buy) F4, F5, F3 | 1,794 | -- | -- |
| Disposition | Stock Option (right to buy) F4, F5, F3 | 1,759 | -- | -- |
| Disposition | Stock Option (right to buy) F4, F5, F3 | 1,748 | -- | -- |
| Disposition | Stock Option (right to buy) F4, F5, F3 | 1,708 | -- | -- |
| Disposition | Stock Option (right to buy) F4, F5, F3 | 1,650 | -- | -- |
| Disposition | Stock Option (right to buy) F4, F5, F3 | 1,635 | -- | -- |
| Disposition | Stock Option (right to buy) F4, F5, F3 | 1,606 | -- | -- |
| Disposition | Stock Option (right to buy) F4, F5, F3 | 1,598 | -- | -- |
| Disposition | Stock Option (right to buy) F4, F5, F3 | 1,508 | -- | -- |
| Disposition | Stock Option (right to buy) F4, F5, F3 | 1,507 | -- | -- |
| Disposition | Stock Option (right to buy) F4, F5, F3 | 1,490 | -- | -- |
Holdings After Transaction:
Stock Option (right to buy) — 0 options (Direct)
Holdings Before and After:
Stock Option (right to buy), 82,878 to 0 options (Direct)
Footnotes (5)
- F1. This filing is part 2 of 4 Form 4 filings submitted by the Reporting Person on 11/10/2026 to report transactions occurring on 11/06/2026. Due to EDGAR line-item limits, the remaining transactions are reported on additional Form 4s filed concurrently herewith.
- F2. On November 6, 2026, Roku, Inc. ("Roku" or the "Company") and Fox Corporation ("FOX") completed the transactions contemplated by the Agreement and Plan of Merger (the "Merger Agreement"), dated as of June 14, 2026, by and among Roku, Fox, Falcon Merger Sub 1, Inc. ("Merger Sub 1") and Falcon Merger Sub 2, LLC ("Merger Sub 2") (the "Mergers"). Pursuant to the terms of the Merger Agreement, each share of Class A Common Stock and Class B Common Stock of Roku (together, "Company Common Stock") held by the Reporting Person that was outstanding immediately prior to the Effective Time (as defined in the Merger Agreement) was converted into the right to receive (A) 0.9799 shares of FOX Class A Common Stock (together with cash in lieu of fractional shares), without interest, and (B) $95.30 in cash, without interest (together, the "Merger Consideration").
- F3. This option is fully vested.
- F4. Pursuant to the terms of the Merger Agreement, immediately prior to the Effective Time, each option to purchase Company Common Stock ("Company Option") that was an In-the-Money Company Option (as defined in the Merger Agreement) and that was vested, outstanding and unexercised immediately prior to the Effective Time (each, a "Vested In-the-Money Company Option") was cancelled and automatically converted into the right to receive, without interest and subject to deduction for any required withholding, for each share of Company Common Stock subject to such Vested In-the-Money Company Option immediately prior to the Effective Time, the Merger Consideration reduced by the applicable per share exercise price for such Vested In-the-Money Company Option, which was paid in the same proportion of FOX Class A Common Stock and cash as the Merger Consideration (the "Vested Company Option Consideration").
- F5. The value of Merger Consideration for purposes of determining the Vested Company Option Consideration was determined based on the closing trading price of FOX Class A Common Stock on November 5, 2026.
Key Figures
Reported option transactions: 28 transactions
Option underlying shares: 5,753 shares
Option exercise price: $40.56 per share
+3 more
6 metrics
Reported option transactions
28 transactions
Anthony J. Wood; dated November 6, 2026
Option underlying shares
5,753 shares
One reported option; dated November 6, 2026
Option exercise price
$40.56 per share
Option covering 5,753 Class A shares
Option underlying shares
5,504 shares
One reported option; dated November 6, 2026
Option exercise price
$97.49 per share
Option covering 5,504 Class A shares
Merger consideration per ROKU share
0.9799 FOX Class A shares plus $95.30 cash
Option consideration was reduced by the applicable exercise price
Key Terms
Vested In-the-Money Company Option, Merger Consideration, Effective Time
3 terms
Vested In-the-Money Company Option financial
"each, a "Vested In-the-Money Company Option""
Merger Consideration financial
"together, the "Merger Consideration""
Merger consideration is the total payment a company or buyer offers to shareholders of a target company in exchange for combining the two businesses, and can include cash, shares in the surviving company, debt assumption, or a mix of these. Investors care because the form and amount affect the deal’s value, tax consequences, immediate cash received versus future ownership, and the risk and upside of holding new shares — similar to choosing between cash now or stock that could grow later.
Effective Time technical
"immediately prior to the Effective Time"
The exact clock time when a regulatory filing, approval, or corporate action formally becomes legally active; from that moment the change is binding and can be acted on. Investors care because the effective time marks when ownership, rights, trading rules, or new securities take effect — like a light switch turning on a contract or transaction — which determines when risks, benefits and market reactions begin.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many ROKU stock-option dispositions did Anthony J. Wood report?
Anthony J. Wood reported 28 stock-option dispositions dated November 6, 2026. The reported entries include an option covering 5,753 Class A shares with a $40.56 exercise price; that is one entry, not an aggregate share total.
How were ROKU options treated in the Fox merger?
Vested, outstanding and unexercised in-the-money options were cancelled and automatically converted into the right to receive merger consideration reduced by the applicable exercise price. The option consideration was paid in the same proportions of FOX Class A stock and cash as the merger consideration, subject to required withholding.
AI-generated analysis. How Rhea-AI works. Not financial advice.
