Wood Anthony J. 4
4 · ROKU, INC · Filed Mar 12, 2026
Research Summary
AI-generated summary of this filing
Roku (ROKU) 10% Owner Anthony J. Wood Sells Shares
What Happened
Anthony J. Wood (10% owner) converted 50,000 Class B shares into Class A common stock and sold 50,000 Class A shares in multiple open‑market transactions on March 10, 2026. The five blocks sold totaled $4,983,913 (weighted average ≈ $99.68 per share), with individual weighted prices of $98.21, $99.00, $100.15, $100.86 and $101.74. The sales were conducted pursuant to a pre‑arranged 10b5‑1 plan; the conversion itself generated no cash proceeds.
Key Details
- Transaction date: March 10, 2026; filing date: March 12, 2026 (timely under Section 16 rules).
- Shares sold: 50,000 total (broken out as 7,073; 16,423; 14,666; 11,138; 700). Total proceeds reported: $4,983,913.
- Price ranges (per footnotes): 97.54–98.51; 98.54–99.53; 99.54–100.54; 100.54–101.51; 101.57–102.01 (weighted averages shown in filing).
- Conversion: 50,000 Class B → Class A reported (no cash); Class B shares are convertible to Class A per the company charter.
- Plan/notes: Sales executed under Mr. Wood’s 10b5‑1 plan (footnote).
- Shares owned after transaction: not specified in the supplied excerpt of the filing.
Context
Conversion of Class B to Class A is a reclassification of share class (not a purchase). The sales were made under a 10b5‑1 trading plan, which typically schedules trades in advance and is considered routine rather than an immediate expression of sentiment. As a 10% owner/founder, Mr. Wood’s trades are material and reportable; the filing provides ranges and weighted averages and offers to disclose per‑price breakdowns on request.
Insider Transaction Report
- Conversion
Class A Common Stock
[F1]2026-03-10+50,000→ 50,000 total(indirect: By Trust) - Sale
Class A Common Stock
[F2][F3]2026-03-10$98.21/sh−7,073$694,639→ 42,927 total(indirect: By Trust) - Sale
Class A Common Stock
[F2][F4]2026-03-10$99.00/sh−16,423$1,625,877→ 26,504 total(indirect: By Trust) - Sale
Class A Common Stock
[F2][F5]2026-03-10$100.15/sh−14,666$1,468,800→ 11,838 total(indirect: By Trust) - Sale
Class A Common Stock
[F2][F6]2026-03-10$100.86/sh−11,138$1,123,379→ 700 total(indirect: By Trust) - Sale
Class A Common Stock
[F2][F7]2026-03-10$101.74/sh−700$71,218→ 0 total(indirect: By Trust) - Conversion
Class B Common Stock
[F1]2026-03-10−50,000→ 16,343,111 total(indirect: By Trust)→ Class A Common Stock (50,000 underlying)
- 14,228
Class A Common Stock
- 47,481(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
- 82,034(indirect: By Trust)
Class A Common Stock
- 81,445(indirect: By Trust)
Class A Common Stock
- 72,699(indirect: By Trust)
Class A Common Stock
- 20,612(indirect: By Trust)
Class A Common Stock
- 169,006(indirect: By Trust)
Class A Common Stock
Footnotes (7)
- [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 $97.54 to $98.51 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 $98.54 to $99.53 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 $99.54 to $100.54 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.
- [F6]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $100.54 to 101.51 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.
- [F7]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from 101.57 to $102.01 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.