Banks Matthew C. 4

What Happened
Matthew C. Banks, Vice President and Chief Accounting Officer of Roku, reported the vesting/conversion of 4,067 RSUs on June 1, 2026. Of those, 2,018 shares were withheld to cover income tax withholding (valued at $129.03 per share, ~ $260,383) and 546 shares were sold in the open market on June 2, 2026 at $127.26 per share for net proceeds of $69,484. The remaining 1,503 vested shares were retained. The transactions reflect RSU vesting and routine withholding/sale activity rather than an open-market purchase.

Key Details

• Transaction dates: RSU vest/convert on 2026-06-01; tax withholding on 2026-06-01; open-market sale on 2026-06-02.
• Prices and values: Withholding calculated at $129.03/share (2,018 shares; ~$260,383); open-market sale at $127.26/share (546 shares; $69,484).
• Shares after vesting: 4,067 shares vested; after 2,018 withheld and 546 sold, 1,503 vested shares remained issued to him. The filing does not state total beneficial ownership after the transactions.
• Footnotes: Withholding to satisfy tax obligations (F1); the 546-share sale was pursuant to a 10b5-1 plan (F2); each RSU converts to one share (F3); vesting schedules described in footnotes F4–F7.
• Timeliness: Filing was submitted June 3, 2026 for a 6/1/2026 report period — filed within the typical reporting window (not noted as late).

Context
These transactions represent RSU vesting (conversion of restricted stock units into shares). The withholding of shares to cover taxes and the partial sale under a pre-arranged 10b5-1 plan are common, routine steps following vesting and do not by themselves indicate the insider’s view on the company’s stock.