Collier Charles 4

What Happened
Charles Collier, President of Roku Media, exercised a total of 20,537 stock options (two exercises of 10,269 and 10,268 shares) at $49.59 per share on June 4, 2026, paying about $1.02M to acquire the shares. The same day he sold those 20,537 shares in multiple open-market transactions for aggregate proceeds of approximately $2.57M. The exercise transactions are reported with code M (option exercise) and the sales with code S (open-market sales).

Key Details

• Transaction date: June 4, 2026; Form 4 filed June 8, 2026 (filed timely).
• Options exercised: 20,537 shares at $49.59/share; total exercise cost ≈ $1,018,430.
• Shares sold: 20,537 shares in multiple trades; total proceeds ≈ $2,565,881. Sale prices ranged across reported lots roughly from $122.86 to $126.14 per share (weighted-average prices reported for grouped trades).
• Sales executed pursuant to Mr. Collier’s 10b5-1 trading plan (Footnote F1). Additional footnotes (F2–F8) disclose the per-lot weighted-average price ranges; F9 notes the related option vests monthly.
• Net effect: no net change in the number of shares held from these transactions (exercised 20,537 and sold 20,537).

Context
This was an exercise of vested options followed by same-day open-market sales (effectively a cashless exercise). Sales under a 10b5-1 plan are pre-scheduled and are generally considered routine; they do not by themselves indicate the insider’s ongoing view of the company. All information above is factual and drawn from the Form 4 filing.