Banks Matthew C. 4

What Happened
Matthew C. Banks, Vice President and Chief Accounting Officer of Roku, sold 554 shares of Roku common stock in an open-market transaction on July 1, 2026. The shares were sold at $138.88 per share for a total value of $76,940. This was a sale (not a purchase); sales by insiders are often routine and do not necessarily indicate a change in company outlook.

Key Details

• Transaction date and price: 2026-07-01 — 554 shares sold at $138.88 per share.
• Total proceeds: $76,940.
• Shares owned after transaction: not disclosed in the provided filing excerpt.
• Footnote: Sale executed pursuant to Mr. Banks' 10b5-1 trading plan.
• Filing date: Form 4 filed on 2026-07-02; the report appears timely (within SEC Form 4 reporting window).

Context
A 10b5-1 plan allows insiders to sell predefined amounts on a schedule and is commonly used to avoid questions about timing. Such planned sales are generally considered routine rather than a clear signal about the company’s prospects. As always, retail investors should consider insider transactions alongside broader financials and market factors.