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ROKU, INC·4

Jun 12, 9:08 PM ET

Rothrock Ray A. 4

4 · ROKU, INC · Filed Jun 12, 2026

Research Summary

AI-generated summary of this filing

Updated

Roku (ROKU) Director Ray Rothrock Exercises Options and Receives RSUs

What Happened Ray A. Rothrock, a director of Roku, reported exercising 1,847 derivative shares (option exercise) on June 11, 2026 and an immediate disposition of those 1,847 shares. He also received two awards totaling 2,772 RSUs (1,027 and 1,745 RSUs) on the same date. The Form 4 lists $0.00 per share for these entries, which is how option conversions and RSU grants are recorded on the filing.

Key Details

  • Transaction date: June 11, 2026; Form 4 filed June 12, 2026 (timely).
  • Option exercise: 1,847 shares (code M) at $0.00; matching disposal of 1,847 shares (reported as derivative disposition).
  • RSU awards: 1,027 RSUs (grant dated June 11, 2025) and 1,745 RSUs (grant dated June 11, 2026); both recorded at $0.00.
  • Vesting notes: the 2025 RSU vests on earlier of next annual meeting or first anniversary (F2); the 2026 RSU vests on earlier of next annual meeting or first anniversary (F3). The option vests monthly over 12 months beginning one month after grant, with full vesting at the next annual meeting if not otherwise vested (F4).
  • Shares owned after the transactions: not specified in the provided data.
  • Exhibits: Power of Attorney references (Exhibit 24.1 and 24.2) included in the filing.

Context

  • The filing shows an option exercise with an immediate disposition of the same shares, and new RSU grants. Derivative entries and RSU grants are commonly recorded at $0.00 on Form 4; that amount does not represent market proceeds or market value.
  • These transactions are director-level compensation-related events (exercise and awards), not an open-market purchase. They should be interpreted as routine insider compensation activity rather than a straightforward buy or sell signal.

Insider Transaction Report

Form 4
Period: 2026-06-11
ROKU, INCROKU
Rothrock Ray A.
Director
Transactions
  • Exercise/Conversion

    Class A Common Stock

    2026-06-11+1,847→ 44,784 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