Roku Officer Matt Banks Files Form 144 to Sell 554 Shares
ROKU, INC
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Filing Summary
=== Form 144 Notice of Proposed Sale ===
Company: ROKU, INC. (ROKU)
Insider: Matthew C. Banks (Officer)
Shares: 554
Market Value: $84,324.34
Approx. Price: $152.21
Broker: Morgan Stanley Smith Barney LLC
Trading Plan: Rule 10b5-1 (Adopted 08/05/2025)
Significance: Low
Comprehensive Analysis
Executive Summary
On October 1, 2026, Roku, Inc. officer Matthew C. Banks submitted a Form 144 filing declaring an intention to sell 554 shares of Roku Common Stock through Morgan Stanley Smith Barney LLC. The estimated market value of the proposed transaction is $84,324.34, implying an average share price of approximately $152.21.
Transaction Details
- Security: Common Stock
- Shares to be Sold: 554
- Aggregate Market Value: $84,324.34
- Acquisition Origin: Acquired as restricted stock from the issuer on September 1, 2026.
- Trading Plan: The planned sale is executed under a pre-established Rule 10b5-1 trading plan adopted on August 5, 2025.
Prior Recent Sales
Within the preceding three months, the insider executed similar periodic sales:
- September 2, 2026: 546 shares for gross proceeds of $84,979.44
- August 3, 2026: 552 shares for gross proceeds of $80,730.00
Trading Significance
The proposed sale carries Low significance. The volume of 554 shares is negligible relative to Roku's 132,050,905 shares outstanding. Furthermore, the recurring monthly transaction cadence and reliance on a Rule 10b5-1 trading plan indicate routine equity incentive monetization rather than a discretionary shift in management sentiment.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.
