HODRICK LAURIE SIMON 4
4 · ROKU, INC · Filed Jun 12, 2026
Research Summary
AI-generated summary of this filing
ROKU Director Laurie Hodrick Exercises Options, Receives RSUs
What Happened
Laurie Hodrick, a director of ROKU, had several equity events reported for June 11, 2026. The Form 4 shows an exercise/conversion of 1,847 derivative shares (code M) at $0.00, a corresponding disposition of 1,847 derivative shares (reported at $0.00), and grants/awards of 1,027 and 1,745 RSUs (codes A) at $0.00. In total Hodrick acquired 4,619 shares (1,847 from exercise + 2,772 RSUs) and disposed of 1,847 derivative shares, for a reported net increase of 2,772 shares. No cash consideration is shown on the filing ($0 reported for the transactions).
Key Details
- Transaction date: June 11, 2026; Form 4 filed June 12, 2026 (appears timely).
- Items reported: Exercise/conversion (M) — 1,847 shares @ $0.00 (acquired) and 1,847 shares @ $0.00 (disposed, derivative); Grants/Awards (A) — 1,027 RSUs and 1,745 RSUs @ $0.00.
- Net reported change: +2,772 shares (4,619 acquired less 1,847 disposed).
- Shares owned after transaction: not provided in the summary data.
- Footnotes: F1 = each RSU converts to one share; F2 = 1,027 RSU grant dated 6/11/2025 vests at next annual meeting or first anniversary; F3 = 1,745 RSU grant dated 6/11/2026 vests at next annual meeting or first anniversary; F4 = option vests in 12 monthly installments with acceleration at next annual meeting.
- Exhibits: 24.1 and 24.2 (Powers of Attorney) attached to filing.
Context
The filing combines an option exercise/conversion and awards of RSUs. The RSUs are contingent rights that vest according to the footnotes (so they are not immediately tradable shares until vested). The filing reports $0 cash exchanged for the transactions; it does not show market proceeds or indicate an open-market sale. This type of report is common for compensation-related awards and option actions; it is factual disclosure and does not, by itself, indicate insider sentiment.
Insider Transaction Report
- Exercise/Conversion
Class A Common Stock
2026-06-11+1,847→ 7,955 total - Exercise/Conversion
Restricted Stock Unit
[F1][F2]2026-06-11−1,847→ 0 totalFrom: 2026-06-11→ Class A Common Stock (1,847 underlying) - Award
Restricted Stock Unit
[F1][F3]2026-06-11+1,027→ 1,027 total→ Class A Common Stock (1,027 underlying) - Award
Stock Options (right to buy)
[F4]2026-06-11+1,745→ 1,745 totalExercise: $119.64Exp: 2036-06-10→ Class A Common Stock (1,745 underlying)
Footnotes (4)
- [F1]Each RSU represents a contingent right to receive one share of Class A Common Stock of the Issuer.
- [F2]This RSU was granted on June 11, 2025 and vests in one installment on the earlier of the next annual meeting of the Issuer's stockholders or the first anniversary of the grant date.
- [F3]This RSU was granted on June 11, 2026 and vests in one installment on the earlier of the next annual meeting of the Issuer's stockholders or the first anniversary of the grant date.
- [F4]This option vests in 12 substantially equal monthly installments beginning on the one month anniversary of the grant date, provided that, to the extent the option is not vested on the date of the next annual meeting of the Issuer's stockholders following the grant date, the option will vest in full on the date of such annual meeting.