Form 4: Roku CEO Anthony Wood Sells Shares Under 10b5-1 Plan

Roku's CEO and Chairman, Anthony J. Wood, sold shares of Class A Common Stock on February 10, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

• On February 10, 2025, Anthony J. Wood, CEO and Chairman of Roku, sold shares of Class A Common Stock.
• The sales were executed under a pre-arranged 10b5-1 trading plan.
• A total of 25,000 shares of Class B Common Stock were converted into Class A Common Stock.
• The sales prices ranged from $84.823 to $91.1638 per share.
• The sales resulted in a decrease in the number of Class A Common Stock shares held indirectly by the Wood 2017 Revocable Trust.
• After the transactions, the Wood 2017 Revocable Trust held 26,538 shares of Class A Common Stock.
• Wood also indirectly owns shares through other trusts, including the Wood 2020 Irrevocable Trust, The Anthony J. Wood 2024 Annuity Trust V-B, The Anthony J. Wood 2023 Annuity Trust V-B, and The Anthony J. Wood 2024 Annuity Trust V.
• Wood directly owns 10,040 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment, as it's simply a record of transactions.

Industry Context

Executive share sales are a common occurrence in publicly traded companies, often executed under pre-arranged trading plans like 10b5-1 plans to avoid accusations of insider trading. The market typically analyzes these sales in the context of the executive's overall holdings and the company's performance.

Comparison to Industry Standards

• Executive compensation and stock ownership structures vary across the tech industry.
• Comparing Anthony Wood's stock sales to those of executives at companies like Netflix (NFLX), Amazon (AMZN), or Google (GOOGL) would require analyzing their respective SEC filings and compensation packages.
• 10b5-1 plans are a standard tool used by many executives to manage their stock sales in a compliant manner.

Stakeholder Impact

• The share sales could have a minor impact on shareholder sentiment, depending on how the market interprets the transactions.
• The sales do not directly impact employees, customers, suppliers, or creditors.

Key Dates

Keywords

Form 4, Anthony J. Wood, Roku, Share Sale, 10b5-1 Plan, Class A Common Stock, Class B Common Stock, Beneficial Ownership, SEC Filing