HUNT NEIL D 4

What Happened

• Neil D. Hunt, a director of Roku, converted and exercised derivative securities and sold 2,000 shares in the open market on Feb 2, 2026. The open-market sales totaled approximately $192,958. The filing also reports conversions/exercises of derivative securities (several line items showing 2,000 and 4,000-share movements) at $0.00 cash consideration, indicating stock-based conversions/exercises rather than cash purchases.
• The 2,000-share disposition was completed in multiple trades under a pre-set 10b5-1 trading plan. Proceeds by tranche: 268 shares at a weighted avg $95.47 ($25,586), 794 shares at $96.07 ($76,280), 918 shares at $97.10 ($89,138), and 20 shares at $97.71 ($1,954).

Key Details

• Transaction date: 2026-02-02; Form filed: 2026-02-04 (timely).
• Open-market sales: total 2,000 shares; aggregate proceeds ~$192,958.
• Reported weighted-average prices and ranges:
  • 268 shares at $95.47 (prices ranged $94.66–$95.61) [F3]
  • 794 shares at $96.07 (prices ranged $95.66–$96.61) [F4]
  • 918 shares at $97.10 (prices ranged $96.66–$97.52) [F5]
  • 20 shares at $97.71
• Sales executed pursuant to a pre-established 10b5-1 plan. [F2]
• Derivative activity: entries show conversions/exercises of options/Class B shares into Class A common stock with $0.00 cash reported; one option is noted as fully vested. [F1, F6]
• Shares owned after transaction: not specified in the provided excerpt.
• Filing timeliness: appears timely (filed two days after the trade).

Context

• Conversions/exercises reported at $0.00 typically reflect stock-based awards or internal conversions (e.g., Class B → Class A) rather than new cash purchases; some of the shares resulting from derivative exercises were sold on the same date.
• Sales under a 10b5-1 plan are pre-scheduled and are generally considered routine disposition mechanisms, not necessarily an immediate signal about the insider’s view of the company. Purchases would usually be a stronger bullish signal.