ROKU, INC·4

Jun 12, 9:13 PM ET

HODRICK LAURIE SIMON 4

Research Summary

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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.

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