Form 4: Roku SVP Gilbert Fuchsberg Reports Stock Transactions

Gilbert Fuchsberg, SVP of Subscriptions & Corporate Development at Roku, reports the vesting of RSUs, tax withholding, and a sale of shares under a 10b5-1 plan.

Summary

• Gilbert Fuchsberg, SVP at Roku, filed a Form 4 detailing changes in beneficial ownership.
• On March 1, 2024, RSUs vested, resulting in the acquisition of 6,894 Class A Common Stock shares.
• 3,814 shares were withheld by Roku to cover income tax obligations related to the RSU vesting at a price of $63.35.
• On March 4, 2024, 1,908 shares were sold at $63.2 per share under a pre-arranged 10b5-1 trading plan.
• Following these transactions, Fuchsberg directly owns 36,258 shares of Class A Common Stock.
• Fuchsberg also holds derivative securities in the form of Restricted Stock Units (RSUs) that convert into Class A Common Stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions by an executive. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track executive compensation and potential sentiment.

Stakeholder Impact

• Shareholders can use this information to track insider activity and assess executive compensation.

Key Dates