Roku CFO and COO Dan Jedda sold 7,000 shares of Class A Common Stock on July 15, 2026, for approximately $993,300 at a weighted average price of $141.90 per share. The transaction, executed under a pre-arranged Rule 10b5-1 trading plan, reduced his direct holdings by 9% to 72,963 shares, valued at $10.46 million based on the same day's closing price of $143.32. The sale occurred against the backdrop of a pending acquisition of Roku by Fox Corporation at $160 per share, with the deal expected to close in the first half of 2027, though regulatory approval remains uncertain. Roku, which operates a streaming platform with 60.1 million active accounts as of end-2021, reported trailing twelve-month revenue of $5.0 billion and net income of $201.5 million, with a market capitalization of $21.3 billion.
Roku IncCFO sold 7,000 shares under a 10b5-1 plan, reducing holdings by 9%, which may signal insider caution.
Fox Corp Class AFox is acquiring Roku at $160/share, but the deal's regulatory approval is uncertain.