Roku (NASDAQ: ROKU) CEO Wood converts 50K shares, sells 50K
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ROKU, INC CEO Anthony Wood reported a conversion and sale of shares on March 10, 2026. The Wood 2017 Revocable Trust converted 50,000 shares of Class B Common Stock into 50,000 shares of Class A Common Stock, then sold 50,000 Class A shares in open-market transactions.
The sales were executed at weighted average prices ranging from about $98 to $102 per share and were made pursuant to Mr. Wood's Rule 10b5-1 trading plan. Following these transactions, 16,343,111 shares of Class B Common Stock were held indirectly through the Wood 2017 Revocable Trust as of March 10, 2026, along with additional Class A shares held directly and through several other trusts.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 50,000 shares ($4,983,913)
Net Sell
16 txns
Insider
Wood Anthony J.
Role
CEO and Chairman BOD
Sold
50,000 shs ($4.98M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 50,000 | $0.00 | -- |
| Conversion | Class A Common Stock | 50,000 | $0.00 | -- |
| Sale | Class A Common Stock | 7,073 | $98.21 | $695K |
| Sale | Class A Common Stock | 16,423 | $99.00 | $1.63M |
| Sale | Class A Common Stock | 14,666 | $100.15 | $1.47M |
| Sale | Class A Common Stock | 11,138 | $100.86 | $1.12M |
| Sale | Class A Common Stock | 700 | $101.74 | $71K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 16,343,111 shares (Indirect, Wood 2017 Revocable Trust);
Class A Common Stock — 50,000 shares (Indirect, Wood 2017 Revocable Trust);
Class A Common Stock — 14,228 shares (Direct)
Footnotes (1)
- Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock and has no expiration date. Shares of Class B Common Stock will convert automatically into shares of Class A Common Stock upon the earlier of: (i) any transfer except for certain "Permitted Transfers" as defined in the Issuer's restated certificate of incorporation, (ii) the first "Trading Day", as defined in the Issuer's restated certificate of incorporation, falling on or after the date on which the shares of Class B Common Stock represent less than 10% of the aggregate number of outstanding shares of Class A Common Stock and Class B Common Stock or (iii) the vote of the holders of Class B Common Stock representing at least 66-2/3% of the shares of Class B Common Stock. Shares sold pursuant to Mr. Wood's 10b5-1 Plan. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $97.54 to $98.51 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $98.54 to $99.53 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $99.54 to $100.54 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $100.54 to 101.51 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from 101.57 to $102.01 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
FAQ
What insider transactions did Roku (ROKU) CEO Anthony Wood report?
Anthony Wood reported converting 50,000 Class B shares into 50,000 Class A shares, then selling 50,000 Class A shares. The trades were executed by the Wood 2017 Revocable Trust in multiple open-market transactions under a pre-arranged Rule 10b5-1 trading plan.
What conversion of Roku stock did Anthony Wood disclose?
Anthony Wood’s trust converted 50,000 shares of Roku Class B Common Stock into 50,000 shares of Class A Common Stock. This conversion was reported with a transaction price per share of $0.00, reflecting an internal share-class conversion rather than a market purchase.