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ROKU, INC·4

Jun 12, 9:06 PM ET

Hastings Jeff 4

4 · ROKU, INC · Filed Jun 12, 2026

Research Summary

AI-generated summary of this filing

Updated

Roku Director Jeff Hastings Exercises Options and Receives RSUs

What Happened

  • Jeff Hastings, a director of Roku, converted/exercised 1,847 derivative shares at an exercise/conversion price of $0 on June 11, 2026 and the filing also reports a matching disposition of 1,847 derivative shares that same day. On the same date he was awarded a total of 2,772 RSUs (1,027 and 1,745 RSUs), each of which represents a contingent right to receive one share of Class A common stock upon vesting. No cash changed hands for the exercised/conversion shares per the filing.

Key Details

  • Transaction date: June 11, 2026 (filed June 12, 2026 — timely).
  • Derivative exercise/conversion: 1,847 shares acquired at $0.00 (code M) and 1,847 shares disposed (derivative) the same day.
  • RSU grants (code A): 1,027 RSUs (grant dated June 11, 2025) and 1,745 RSUs (grant dated June 11, 2026) — total 2,772 RSUs.
  • Footnotes:
    • F1: Each RSU converts to one share of Class A common stock upon vesting.
    • F2: The 1,027 RSU grant (6/11/2025) vests in one installment at the earlier of the next annual meeting or the first grant anniversary.
    • F3: The 1,745 RSU grant (6/11/2026) vests in one installment at the earlier of the next annual meeting or the first grant anniversary.
    • F4: The exercised option/derivative vests monthly over 12 months but will vest in full at the next annual meeting if not fully vested by then.
  • Shares owned after the transactions: not specified in the filing.
  • Exhibits: Power of Attorney documents filed (Exhibits 24.1 and 24.2).

Context

  • The filing shows conversion/exercise of a derivative instrument and simultaneous disposition of the same number of derivative shares; the report does not detail the destination or reason for the disposition (e.g., sale, transfer, or net settlement).
  • The RSU grants are typical equity compensation for directors and vest according to the schedules in the footnotes; awarded RSUs are acquisitions but are contingent until they vest.

Insider Transaction Report

Form 4
Period: 2026-06-11
ROKU, INCROKU
Hastings Jeff
Director
Transactions
  • Exercise/Conversion

    Class A Common Stock

    2026-06-11+1,847→ 9,629 total
  • Exercise/Conversion

    Restricted Stock Unit

    [F1][F2]
    2026-06-11−1,847→ 0 total
    From: 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 total
    Exercise: $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.
Signature
/s/ Renee Strandness, attorney-in-fact|2026-06-12

Documents

3 files