Ozgen Mustafa 4

What Happened
Mustafa Ozgen, President of Devices, Product & Technology at Roku (ROKU), had restricted stock units (RSUs) vest and convert into common shares on June 1, 2026. A total of 16,150 shares were reported as acquired via conversion of RSUs, and 6,357 shares were withheld/sold to satisfy income tax withholding at $129.03 per share, generating proceeds of approximately $820,244. Additional RSU conversions (4,910; 6,790; 4,450 shares) are reported as derivative conversions/dispositions at $0 in the filing and reflect vesting/conversion mechanics rather than open-market sales.

Key Details

• Transaction date: June 1, 2026; Form 4 filed June 3, 2026 (filed within standard reporting window).
• Tax-withholding sale: 6,357 shares disposed at $129.03 for total proceeds ≈ $820,244.
• RSU conversions: 16,150 shares acquired (conversion of RSUs); other conversion/disposition entries of 4,910; 6,790; and 4,450 shares reported at $0.
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 = shares withheld by issuer to satisfy income tax withholding; F2–F5 = RSU definitions and staggered quarterly vesting schedules (multiple tranches vesting over 12 quarterly installments starting Nov 15 of 2023–2025).

Context
This was primarily a vesting/conversion of RSU awards with a routine company-withheld sale to cover taxes (common “net settlement” behavior), not an opportunistic open-market sale. For retail investors, such tax-withholding dispositions are administrative and do not necessarily indicate insider sentiment about the company’s prospects.