Roku CEO’s trust converts Class B and sells A shares (NASDAQ: ROKU)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Roku, Inc. insider Anthony J. Wood, the company’s CEO, Chairman of the Board, director and 10% owner, reported a series of transactions dated January 12, 2026. Through the Wood 2017 Revocable Trust, 75,000 shares of Class B common stock were converted into 75,000 shares of Class A common stock at an exercise price of $0, consistent with the terms allowing each Class B share to convert into one Class A share with no expiration.
The Wood 2017 Revocable Trust then sold Class A common stock in multiple transactions under Mr. Wood’s Rule 10b5-1 trading plan, at weighted average prices ranging from $107.51 to $114.98 per share. Following these sales, the trust reported ownership of 16,503,111 Class B shares. Additional Class A holdings include 12,699 shares held directly by Mr. Wood and various amounts held indirectly through several 2020 and 2024–2025 Wood trusts.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 75,000 shares ($8,220,734)
Net Sell
17 txns
Insider
Wood Anthony J.
Role
CEO and Chairman BOD
Sold
75,000 shs ($8.22M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 75,000 | $0.00 | -- |
| Conversion | Class A Common Stock | 75,000 | $0.00 | -- |
| Sale | Class A Common Stock | 7,799 | $107.51 | $838K |
| Sale | Class A Common Stock | 12,770 | $108.14 | $1.38M |
| Sale | Class A Common Stock | 14,498 | $109.10 | $1.58M |
| Sale | Class A Common Stock | 22,554 | $110.25 | $2.49M |
| Sale | Class A Common Stock | 14,579 | $110.98 | $1.62M |
| Sale | Class A Common Stock | 2,200 | $112.18 | $247K |
| Sale | Class A Common Stock | 400 | $113.09 | $45K |
| Sale | Class A Common Stock | 200 | $114.98 | $23K |
| 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 | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 16,503,111 shares (Indirect, Wood 2017 Revocable Trust);
Class A Common Stock — 75,000 shares (Indirect, Wood 2017 Revocable Trust);
Class A Common Stock — 12,699 shares (Direct)
Footnotes (1)
- Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock and has no expiration date. Shares of Class B Common Stock will convert automatically into shares of Class A Common Stock upon the earlier of: (i) any transfer except for certain "Permitted Transfers" as defined in the Issuer's restated certificate of incorporation, (ii) the first "Trading Day", as defined in the Issuer's restated certificate of incorporation, falling on or after the date on which the shares of Class B Common Stock represent less than 10% of the aggregate number of outstanding shares of Class A Common Stock and Class B Common Stock or (iii) the vote of the holders of Class B Common Stock representing at least 66-2/3% of the shares of Class B Common Stock. Shares sold pursuant to Mr. Wood's 10b5-1 Plan. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $106.73 to $107.73 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $107.73 to $108.72 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $108.73 to $109.72 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $109.73 to $110.72 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $110.73 to $111.55 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $111.80 to $112.70 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $112.88 to $113.32 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $114.93 to $115.02 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
FAQ
Who is the reporting person in Roku (ROKU) this Form 4 filing?
The reporting person is Anthony J. Wood, who serves as CEO, Chairman of the Board, director and 10% owner of Roku, Inc..
Were the Roku (ROKU) insider sales made under a 10b5-1 trading plan?
Yes. A footnote states that the shares were sold pursuant to Mr. Wood's 10b5-1 Plan, which is a pre-established trading plan under Rule 10b5-1.