Hastings Jeff 4

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.