Form 4: Roku CEO Anthony Wood Transfers Shares to Annuity Trust
SEC Form 4 Filing
Roku's CEO, Anthony J. Wood, transferred shares of Class A Common Stock to an annuity trust, according to a recent SEC filing.
Summary
- Anthony J. Wood, CEO and Chairman of the Board of Roku, Inc., reported changes in beneficial ownership of the company's stock.
- On February 28, 2024, Wood transferred 279,801 shares of Class A Common Stock from direct ownership to The Anthony J. Wood 2024 Annuity Trust.
- The filing also lists indirect ownership of Class A Common Stock through various other trusts, including the Wood 2020 Irrevocable Trust, The Anthony J. Wood 2022 Annuity Trust, and The Anthony J. Wood 2023 Annuity Trust.
- The total number of shares held indirectly through these trusts are 42,500, 6,849, 54,702, 45,298, and 41,851 respectively.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing regarding stock ownership, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure related to executive stock ownership and doesn't necessarily indicate a change in the company's overall performance or strategy.
Stakeholder Impact
- The transfer of shares to a trust may have implications for estate planning but does not directly impact shareholders, employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 02/28/2024 | Date of the stock transfer transaction. |
| 02/29/2024 | Date of signature for the SEC filing. |
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