Banks Matthew C. 4

What Happened Matthew C. Banks, Vice President and Chief Accounting Officer of Roku, sold 725 shares of Roku stock in an open‑market transaction on May 1, 2026. The shares were sold at $125.52 per share for total gross proceeds of approximately $91,002. This was a sale (not a purchase); sales executed under pre‑arranged plans are often routine rather than a signal of changing insider conviction.

Key Details

• Transaction date and price: May 1, 2026 — 725 shares sold at $125.52 each.
• Total proceeds: ~ $91,002 (gross).
• Transaction type/code: Sale (S).
• Shares owned after transaction: Not reported in this Form 4.
• Footnote: Shares were sold pursuant to Mr. Banks' 10b5‑1 trading plan (pre‑arranged).
• Filing date: May 5, 2026. The sale occurred May 1; SEC Form 4s are normally due within two business days, so this filing was submitted several days after the transaction.

Context A 10b5‑1 plan authorizes pre‑scheduled trades that can limit the informational value of the sale because the decision to sell was made in advance. For retail investors, one sale under a 10b5‑1 plan is typically considered routine; look for patterns (multiple sales, size, or timing) or additional filings for stronger signals.