4Filed Aug 4, 8:00 PM ET

Roku VP & CAO Matthew C. Banks Sells 552 Shares

$ROKU · ROKU, INC

Research Summary

AI-generated summary of this SEC filing

Updated

Roku VP & CAO Matthew C. Banks Sells 552 Shares

What Happened
Matthew C. Banks, Vice President and Chief Accounting Officer of Roku, sold 552 shares in an open-market transaction on 2026-08-03 at $146.25 per share, for a total proceeds of $80,730. This was a sale (not a purchase), which is often routine for insiders and may reflect a pre-arranged plan rather than a change in view on the company.

Key Details

  • Transaction date: 2026-08-03
  • Price per share: $146.25; shares sold: 552; total value: $80,730
  • Transaction type: Sale (open market / private sale)
  • Footnote: Shares sold pursuant to Mr. Banks' 10b5-1 trading plan (pre-scheduled)
  • Filing: Form 4 filed 2026-08-05 for the 2026-08-03 transaction (within the typical reporting window)
  • Shares owned after transaction: Not reported in the provided summary

Context
Sales executed under a 10b5-1 plan are pre-planned and commonly used by insiders to reduce potential conflicts; they do not necessarily signal the insider's current view of Roku's prospects. For retail investors, purchases generally carry more informational weight than routine sales, but tracking patterns of repeated or large insider sales can still be useful.