Banks Matthew C. 4
4 · ROKU, INC · Filed Apr 3, 2026
Research Summary
AI-generated summary of this filing
ROKU VP & CAO Matthew Banks Sells 728 Shares
What Happened
Matthew C. Banks, Vice President and Chief Accounting Officer of Roku, sold 728 shares of ROKU stock on April 1, 2026, at $96.02 per share, for total proceeds of approximately $69,903. This was a sale (not a purchase); sales by insiders are often routine and, in this case, were executed under a pre-established 10b5‑1 trading plan.
Key Details
- Transaction date: 2026-04-01
- Transaction type/code: Open‑market sale (S)
- Price per share: $96.02
- Shares sold: 728 — total proceeds reported as $69,903
- Shares owned after transaction: Not disclosed in the Form 4 filing
- Footnote: Sale was made pursuant to Mr. Banks' 10b5‑1 plan (pre‑scheduled trades)
- Filing: Reported on 2026-04-03; appears to be filed timely (Form 4 is generally due within two business days)
Context
A 10b5‑1 plan allows insiders to sell shares under predetermined instructions and is commonly used to avoid appearing to trade on material nonpublic information. Such pre‑scheduled sales are generally considered routine and do not, by themselves, indicate a change in the insider’s view of the company.
Insider Transaction Report
- Sale
Class A Common Stock
[F1]2026-04-01$96.02/sh−728$69,903→ 6,947 total
Footnotes (1)
- [F1]Shares sold pursuant to Mr. Banks' 10b5-1 plan.