Roku (ROKU) CEO Anthony Wood’s trust converts and sells 18,000 Class A shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Roku, Inc. director, CEO and 10% owner Anthony J. Wood reported transactions involving Class A and Class B Common Stock held through the Wood 2017 Revocable Trust and other trusts. On June 10, 2026, the Wood 2017 Revocable Trust converted 18,000 shares of Class B Common Stock into 18,000 shares of Class A Common Stock and then sold 18,000 Class A shares in open-market transactions.
The 18,000 Class A shares were sold in four tranches at weighted average prices between $117.01 and $120.17 per share, pursuant to Mr. Wood’s Rule 10b5-1 trading plan. After these trades, the Wood 2017 Revocable Trust held 16,175,111 shares of Class B Common Stock and no Class A shares, while Mr. Wood continued to hold additional Class A shares directly and through multiple other trusts, including 26,927 Class A shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 18,000 shares ($2,133,908)
Net Sell
15 txns
Insider
Wood Anthony J.
Role
CEO and Chairman BOD
Sold
18,000 shs ($2.13M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 18,000 | $0.00 | -- |
| Conversion | Class A Common Stock | 18,000 | $0.00 | -- |
| Sale | Class A Common Stock | 4,868 | $117.01 | $570K |
| Sale | Class A Common Stock | 4,192 | $118.28 | $496K |
| Sale | Class A Common Stock | 5,040 | $119.01 | $600K |
| Sale | Class A Common Stock | 3,900 | $120.17 | $469K |
| 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 | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 16,175,111 shares (Indirect, Wood 2017 Revocable Trust);
Class A Common Stock — 18,000 shares (Indirect, Wood 2017 Revocable Trust);
Class A Common Stock — 26,927 shares (Direct, null)
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 $116.55 to $117.49 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 $117.62 to $118.61 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 $118.62 to $119.61 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 $119.68 to $120.65 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.
Key Figures
Class A shares sold: 18,000 shares
Sale price (tranche high): $120.17 per share
Sale price (tranche low): $117.01 per share
+3 more
6 metrics
Class A shares sold
18,000 shares
Open-market sales by Wood 2017 Revocable Trust on June 10, 2026
Sale price (tranche high)
$120.17 per share
Weighted average price for one sale tranche of Class A
Sale price (tranche low)
$117.01 per share
Weighted average price for another sale tranche of Class A
Class B converted
18,000 shares
Class B Common Stock converted into Class A by trust
Class B held by trust
16,175,111 shares
Wood 2017 Revocable Trust Class B holdings after conversion
Direct Class A holdings
26,927 shares
Class A Common Stock held directly by Anthony Wood after transactions
Key Terms
Rule 10b5-1 Plan, Class B Common Stock, weighted average price, derivative security, +1 more
5 terms
Rule 10b5-1 Plan financial
"Shares sold pursuant to Mr. Wood'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.
Class B Common Stock financial
"Each share of Class B Common Stock is convertible at any time"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
weighted average price financial
"The reported price in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
derivative security financial
"transaction_code_description": "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.
Permitted Transfers financial
"except for certain "Permitted Transfers" as defined in the Issuer's restated"
FAQ
What insider transactions did Roku (ROKU) CEO Anthony Wood report on June 10, 2026?
Anthony Wood reported his Wood 2017 Revocable Trust converted 18,000 Class B shares into 18,000 Class A shares and sold all 18,000 Class A shares in open-market trades. These transactions were reported as part of his Form 4 filing.