ROKU, INC·4

Jun 12, 9:17 PM ET

Blackburn Jeffrey M 4

4 · ROKU, INC · Filed Jun 12, 2026

Research Summary

AI-generated summary of this filing

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Roku Director Jeffrey Blackburn Exercises Options, Receives RSUs

What Happened Jeffrey M. Blackburn, a director of Roku, exercised/conversion of 1,847 derivative shares on June 11, 2026 (reported at $0.00 consideration). The filing also shows two awards/grants totaling 2,772 RSUs (1,027 and 1,745 RSUs) on the same date, each reported at $0.00. All transactions in the Form 4 are reported with $0 consideration.

Key Details

  • Transaction date: June 11, 2026; Form 4 filed June 12, 2026 (timely filing).
  • Option exercise/conversion: 1,847 shares (code M) — reported as both Acquired and Disposed (derivative) at $0.00.
  • Grants/awards: 1,027 RSUs and 1,745 RSUs (codes A), total 2,772 RSUs — reported at $0.00.
  • Shares owned after transaction: not provided in the information supplied in this summary.
  • Relevant footnotes:
    • F1: Each RSU converts to one share of Class A common stock.
    • F2: One RSU grant (June 11, 2025) vests in one installment at the earlier of the next annual meeting or one year after grant.
    • F3: One RSU grant (June 11, 2026) vests in one installment at the earlier of the next annual meeting or one year after grant.
    • F4: The option vests in 12 monthly installments beginning one month after grant, with any unvested portion vesting in full at the next annual meeting.
  • Exhibits: Power of Attorney documents included (Exhibits 24.1, 24.2).

Context

  • The filing includes derivative activity (option exercise/conversion). The line showing 1,847 shares as "Disposed" (derivative) at $0.00 may reflect conversion/settlement mechanics (e.g., net settlement or withholding) rather than an open-market sale; the filing does not show any sale proceeds.
  • Grants of RSUs are typical compensation awards for directors; vesting schedules are noted in the footnotes and may delay actual share delivery.
  • These transactions do not, by themselves, indicate insider sentiment about the stock; they reflect compensation and derivative settlement activity.

Insider Transaction Report

Form 4
Period: 2026-06-11
Transactions
  • Exercise/Conversion

    Class A Common Stock

    2026-06-11+1,84714,040 total
  • Exercise/Conversion

    Restricted Stock Unit

    [F1][F2]
    2026-06-111,8470 total
    From: 2026-06-11Class A Common Stock (1,847 underlying)
  • Award

    Restricted Stock Unit

    [F1][F3]
    2026-06-11+1,0271,027 total
    Class A Common Stock (1,027 underlying)
  • Award

    Stock Options (right to buy)

    [F4]
    2026-06-11+1,7451,745 total
    Exercise: $119.64Exp: 2036-06-10Class 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