Wood Anthony J. 4
4 · ROKU, INC · Filed Feb 12, 2026
Research Summary
AI-generated summary of this filing
Roku (ROKU) 10% Owner Anthony J. Wood Sells Shares
What Happened
- Anthony J. Wood, a 10% owner of Roku, sold a total of 50,000 shares in open-market transactions on February 10, 2026, generating approximately $4.54 million in proceeds. The sales were reported as three blocks: 10,579 shares at a weighted average $90.12 ($953,379), 29,575 shares at $90.82 ($2,686,002), and 9,846 shares at $91.44 ($900,318).
- The filing also reports conversion activity: 50,000 shares were converted from Class B common stock into Class A common stock (reported as a conversion/derivative transaction). The conversions appear tied to the shares sold that same day (conversion reported with no cash price).
Key Details
- Transaction date: February 10, 2026. Form 4 filed February 12, 2026 (timely).
- Sale details:
- 10,579 shares at weighted avg $90.12 — $953,379 (footnote F3; underlying trades ranged $89.26–$90.25).
- 29,575 shares at weighted avg $90.82 — $2,686,002 (F4; range $90.28–$91.27).
- 9,846 shares at weighted avg $91.44 — $900,318 (F5; range $91.28–$91.76).
- Total sold: 50,000 shares for ~$4,539,699.
- Shares acquired via conversion: 50,000 Class B → Class A (conversion shown as acquisition and a derivative disposal entry).
- Footnotes: Sales were made pursuant to a Rule 10b5‑1 trading plan (F2). Weighted-average prices and price ranges are provided in footnotes; the reporting person will supply per‑price details on request (F3–F5). F1 explains Class B→A conversion mechanics.
- Shares owned after transaction: not specified in the excerpt of the filing provided.
Context
- This was a sale by a 10% owner under a 10b5‑1 plan — a prearranged trading program that typically executes sales according to preset instructions and is considered more routine than ad‑hoc insider selling.
- The reported conversion of Class B into Class A is a non‑cash structural action (conversion), not a cash purchase; converted shares can then be sold in the market.
- No indication in the filing of late reporting; the Form 4 was filed within the typical two‑business‑day window.
Insider Transaction Report
Form 4
ROKU, INCROKU
Wood Anthony J.
DirectorCEO and Chairman BOD10% Owner
Transactions
- Conversion
Class A Common Stock
[F1]2026-02-10+50,000→ 50,000 total(indirect: By Trust) - Sale
Class A Common Stock
[F2][F3]2026-02-10$90.12/sh−10,579$953,379→ 39,421 total(indirect: By Trust) - Sale
Class A Common Stock
[F2][F4]2026-02-10$90.82/sh−29,575$2,686,002→ 9,846 total(indirect: By Trust) - Sale
Class A Common Stock
[F2][F5]2026-02-10$91.44/sh−9,846$900,318→ 0 total(indirect: By Trust) - Conversion
Class B Common Stock
[F1]2026-02-10−50,000→ 16,453,111 total(indirect: By Trust)→ Class A Common Stock (50,000 underlying)
Holdings
- 12,699
Class A Common Stock
- 2,754(indirect: By Trust)
Class A Common Stock
- 42,500(indirect: By Trust)
Class A Common Stock
- 64,976(indirect: By Trust)
Class A Common Stock
- 173,129(indirect: By Trust)
Class A Common Stock
- 143,250(indirect: By Trust)
Class A Common Stock
- 81,445(indirect: By Trust)
Class A Common Stock
Footnotes (5)
- [F1]Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock and has no expiration date. Shares of Class B Common Stock will convert automatically into shares of Class A Common Stock upon the earlier of: (i) any transfer except for certain "Permitted Transfers" as defined in the Issuer's restated certificate of incorporation, (ii) the first "Trading Day", as defined in the Issuer's restated certificate of incorporation, falling on or after the date on which the shares of Class B Common Stock represent less than 10% of the aggregate number of outstanding shares of Class A Common Stock and Class B Common Stock or (iii) the vote of the holders of Class B Common Stock representing at least 66-2/3% of the shares of Class B Common Stock.
- [F2]Shares sold pursuant to Mr. Wood's 10b5-1 Plan.
- [F3]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $89.26 to $90.25 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F4]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $90.28 to $91.27 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F5]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $91.28 to $91.76 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Signature
/s/ Renee Strandness, attorney-in-fact|2026-02-12