Form 4: Roku SVP Adele Pentland Reports Stock Transactions
SEC Form 4 Filing
Adele Pentland, SVP General Counsel and Secretary of Roku, reports the acquisition and disposal of Class A Common Stock and Restricted Stock Units (RSUs) on March 3, 2025.
Summary
- On March 3, 2025, Adele Pentland, SVP General Counsel and Secretary of Roku, engaged in transactions involving Roku's Class A Common Stock and Restricted Stock Units (RSUs).
- 20,945 shares of Class A Common Stock were acquired at $0.00.
- 8,242 shares were disposed of at a price of $80.26.
- These transactions resulted in Ms. Pentland beneficially owning 25,441 shares of Class A Common Stock following the reported transactions.
- Additionally, 20,945 Restricted Stock Units (RSUs) were vested.
- After the transaction, Ms. Pentland beneficially owns 125,672 derivative securities.
Sentiment
Score: 5
Explanation: The Form 4 filing itself is a neutral event. It simply reports transactions by an insider, which are related to compensation and tax obligations.
Industry Context
Form 4 filings are standard practice for corporate insiders to report their transactions in company stock, providing transparency to the market.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they represent routine insider activity related to stock-based compensation.
Key Dates
| Date | Description |
|---|---|
| 11/15/2024 | First installment of RSU vested |
| 03/03/2025 | Date of transactions: acquisition and disposal of stock, vesting of RSUs |
| 03/05/2025 | Date of signature for the report |
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