Roku CEO trust sells 25,000 shares at $130
ROKU, INC CEO Anthony J. Wood, through the Wood 2017 Revocable Trust, converted 25,000 shares of Class B Common Stock into 25,000 shares of Class A Common Stock and sold those 25,000 Class A shares at $130.00 per share.
Rhea-AI Filing Summary
ROKU, INC CEO Anthony J. Wood, through the Wood 2017 Revocable Trust, converted 25,000 shares of Class B Common Stock into 25,000 shares of Class A Common Stock and sold those 25,000 Class A shares at $130.00 per share. The filing notes the shares were sold pursuant to Mr. Wood's Rule 10b5-1 trading plan, indicating the transactions were pre-scheduled. Following these transactions, the Wood 2017 Revocable Trust continues to hold 16,150,111 shares of Class B Common Stock, and Mr. Wood also has additional Class A holdings through various trusts and 26,927 Class A shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and Sale: 25,000 shares ($3.25M approx. pre-tax spread)
Exercise and Sale
12 txns
Insider
Wood Anthony J.
Role
CEO and Chairman BOD
Sold
25,000 shs ($3.25M)
Approx. gross sale proceeds
$3.25M
Approx. exercise cost
$0.00
Approx. pre-tax spread
$3.25M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 25,000 | $0.00 | $0.00 |
| Conversion | Class A Common Stock | 25,000 | $0.00 | $0.00 |
| Sale | Class A Common Stock | 25,000 | $130.00 | $3.25M |
| 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 — 16,150,111 contracts (Indirect, Wood 2017 Revocable Trust);
Class A Common Stock — 0 shares (Indirect, Wood 2017 Revocable Trust);
Class A Common Stock — 26,927 shares (Direct);
Class A Common Stock — 47,481 shares (Indirect, Wood 2020 Nonexempt Irrevocable Trust);
Class A Common Stock — 42,500 shares (Indirect, Wood 2020 Irrevocable Trust);
Class A Common Stock — 64,976 shares (Indirect, The Anthony J. Wood 2024 Annuity Trust V-B);
Class A Common Stock — 82,034 shares (Indirect, The Anthony J. Wood 2025 Annuity Trust V);
Class A Common Stock — 81,445 shares (Indirect, The Anthony J. Wood 2025 Annuity Trust V-B);
Class A Common Stock — 72,699 shares (Indirect, The Anthony J. Wood 2026 Annuity Trust V);
Class A Common Stock — 20,612 shares (Indirect, Wood Gifts Trust);
Class A Common Stock — 169,006 shares (Indirect, The Anthony J. Wood 2026 Annuity Trust V-B)
Footnotes (2)
- F1. 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.
- F2. Shares sold pursuant to Mr. Wood's 10b5-1 Plan.
Key Figures
Shares sold: 25,000 shares
Sale price: $130.00 per share
Shares converted: 25,000 shares
+2 more
5 metrics
Shares sold
25,000 shares
Class A Common Stock sold by Wood 2017 Revocable Trust
Sale price
$130.00 per share
Price for 25,000 Class A shares sold
Shares converted
25,000 shares
Class B converted into Class A by Wood 2017 Revocable Trust
Class B holdings after
16,150,111 shares
Class B Common Stock held by Wood 2017 Revocable Trust after conversion
Direct Class A holdings
26,927 shares
Class A Common Stock held directly by Anthony J. Wood
Key Terms
Class B Common Stock, Class A Common Stock, Rule 10b5-1 Plan, Conversion of derivative security
4 terms
Class B Common Stock financial
"Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person"
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.
Class A Common Stock financial
"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"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Rule 10b5-1 Plan regulatory
"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.
Conversion of derivative security financial
"transaction_code_description": "Conversion of derivative security""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Roku (ROKU) report for Anthony Wood on this Form 4?
The Form 4 shows Anthony Wood’s revocable trust converted 25,000 Class B shares into 25,000 Class A shares, then sold the 25,000 Class A shares at $130.00 each. The transactions involved trust-held shares, not a direct personal account change.
AI-generated analysis. How Rhea-AI works. Not financial advice.
