Blackburn Jeffrey M 4

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.