Form 4: Roku CFO Dan Jedda Reports Stock Transactions
SEC Form 4 Filing
Dan Jedda, CFO of Roku, Inc., reports the vesting of restricted stock units and subsequent transactions involving Class A Common Stock.
Summary
- On March 3, 2025, Roku CFO Dan Jedda reported transactions involving Roku's Class A Common Stock.
- These transactions included the vesting of 21,912 Restricted Stock Units (RSUs) and the withholding of 8,624 shares to cover income tax obligations at a price of $80.26.
- Following these transactions, Jedda directly owns 69,843 shares of Class A Common Stock and 159,536 RSUs that convert to Class A Common Stock and 8,371 RSUs that convert to Class A Common Stock.
- The RSUs vest in quarterly installments, with vesting schedules starting on September 1, 2023, and November 15, 2024.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the document simply reports stock transactions by an executive, which is a routine occurrence.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect insider activity related to compensation.
Key Dates
| Date | Description |
|---|---|
| 09/01/2023 | First vesting installment date for 17,726 RSUs. |
| 11/15/2024 | First vesting installment date for 4,186 RSUs. |
| 03/03/2025 | Date of transactions: RSU vesting and tax withholding. |
| 03/05/2025 | Date of report filing. |
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