Roku VP & CAO Matthew C. Banks Sells ~$84K in Stock via 10b5-1 Plan
ROKU, INC
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Filing Summary
# Insider Sale: ROKU, INC ($ROKU)
- **Insider:** Matthew C. Banks (VP, CAO)
- **Transaction:** Sold 554 shares @ $152.21
- **Total Value:** $84,324.34
- **Remaining Ownership:** 7,568 shares
- **Plan:** Rule 10b5-1
- **Date:** 2026-10-01
Comprehensive Analysis
Executive Summary
On October 1, 2026, Matthew C. Banks, Vice President and Chief Accounting Officer of Roku, Inc. ($ROKU), executed an open-market sale of 554 shares of Class A Common Stock at an average price of $152.21 per share. The transaction amounted to a total value of approximately $84,324.34. Following this transaction, Mr. Banks holds 7,568 direct shares of Class A Common Stock.
Transaction Details
- Filing Date: October 5, 2026
- Transaction Date: October 1, 2026
- Security: Class A Common Stock
- Shares Sold: 554
- Execution Price: $152.21
- Gross Proceeds: $84,324.34
- Post-Transaction Direct Ownership: 7,568 shares
- Transaction Method: Pre-arranged Rule 10b5-1 trading plan
Market Context & Significance
This transaction carries Low significance for investors:
- Routine Nature: The sale was executed automatically in accordance with an established Rule 10b5-1 trading plan, which minimizes concerns regarding opportunistic insider timing.
- Modest Size: The transaction volume of 554 shares represents a minor portion of the insider's total direct holdings (a reduction of roughly 6.8%) and a negligible fraction of Roku's public float.
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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.