Form 4: Roku Executive Gilbert Fuchsberg Reports Stock Transactions

Gilbert Fuchsberg, President of Subscriptions at Roku, reports the vesting and subsequent tax withholding of shares and restricted stock units (RSUs) on March 3, 2025.

Summary

• On March 3, 2025, Gilbert Fuchsberg, President of Subscriptions at Roku, engaged in transactions involving Roku's Class A Common Stock and Restricted Stock Units (RSUs).
• A total of 12,599 shares of Class A Common Stock were acquired upon the vesting of RSUs.
• 6,970 shares were withheld by Roku to cover income tax obligations related to the RSU vesting at a price of $80.26 per share.
• The transactions resulted in a change in beneficial ownership, with Fuchsberg directly owning 48,166 shares of Class A Common Stock following the reported transactions.
• Fuchsberg also reported transactions involving multiple tranches of RSUs, with various vesting schedules.
• The RSUs vest in either four or twelve substantially equal quarterly installments, with the first installments vesting on various dates in 2022, 2023 and 2024.
• Following the transactions, Fuchsberg directly owns a total of 70,095 RSUs.

Sentiment

Score: 5

Explanation: This is a neutral filing, simply reporting required transactions. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax obligations.

Key Dates