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[Form 4] Roku, Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Flux Power Holdings (FLUX) � Form 4 filing dated 08/05/25: CEO, President and director Krishna C. Vanka reported no open-market purchases or sales; instead, he received new equity awards under the 2021 Equity Incentive Plan.

  • Time-based RSUs: 121,951 units granted on 08/01/25. They vest in three equal annual tranches beginning 07/01/26, conditional on continued service.
  • Performance-based RSUs: up to 182,927 units granted on the same date. These cliff-vest after three years (07/01/28) only if Compensation Committee-approved performance targets are met.

Both grants convert 1-for-1 into common shares once vested. All units are held directly by the executive. The filing shows no dispositions or cash exercise price; therefore, immediate dilution is limited to the creation of award reserves, with future dilution tied to vesting and target achievement. No additional derivatives or indirect holdings were disclosed.

Flux Power Holdings (FLUX) � Comunicazione Form 4 del 25/08/05: Il CEO, Presidente e direttore Krishna C. Vanka ha segnalato nessun acquisto o vendita sul mercato aperto; ha invece ricevuto nuovi premi azionari nell'ambito del Piano di Incentivi Azionari 2021.

  • RSU basate sul tempo: 121.951 unità assegnate il 01/08/25. Si maturano in tre tranche annuali uguali a partire dal 01/07/26, a condizione che il servizio continui.
  • RSU basate sulle performance: fino a 182.927 unità assegnate nella stessa data. Queste si maturano tutte insieme dopo tre anni (01/07/28) solo se vengono raggiunti gli obiettivi di performance approvati dal Comitato per la Remunerazione.

Entrambi i premi si convertono 1 a 1 in azioni ordinarie una volta maturati. Tutte le unità sono detenute direttamente dall'esecutivo. La comunicazione non evidenzia cessioni o esercizi con prezzo in contanti; quindi, la diluizione immediata è limitata alla creazione delle riserve per i premi, mentre la diluizione futura dipende dalla maturazione e dal raggiungimento degli obiettivi. Non sono stati dichiarati ulteriori derivati o partecipazioni indirette.

Flux Power Holdings (FLUX) � Presentación Formulario 4 fechada 25/08/05: El CEO, Presidente y director Krishna C. Vanka reportó ninguna compra o venta en el mercado abierto; en su lugar, recibió nuevas concesiones de acciones bajo el Plan de Incentivos de Capital 2021.

  • RSU basadas en tiempo: 121,951 unidades otorgadas el 01/08/25. Se consolidan en tres tramos anuales iguales a partir del 01/07/26, condicionadas a la continuidad del servicio.
  • RSU basadas en desempeño: hasta 182,927 unidades otorgadas en la misma fecha. Estas se consolidan de golpe después de tres años (01/07/28) solo si se alcanzan los objetivos de desempeño aprobados por el Comité de Compensación.

Ambas concesiones se convierten 1 a 1 en acciones ordinarias una vez consolidadas. Todas las unidades son mantenidas directamente por el ejecutivo. La presentación no muestra disposiciones ni ejercicio con precio en efectivo; por lo tanto, la dilución inmediata se limita a la creación de reservas para premios, y la dilución futura depende de la consolidación y el logro de objetivos. No se divulgaron derivados adicionales ni tenencias indirectas.

Flux Power Holdings (FLUX) � 2025� 8� 5일자 Form 4 제출: CEO이자 사장, 이사� Krishna C. Vanka� 공개 시장에서� 매수 또는 매도 없음� 보고했으�, 대� 2021� 주식 인센티브 계획� 따른 신규 주식 보상� 받았습니�.

  • 시간 기반 RSU: 2025� 8� 1일에 121,951 단위 부�. 2026� 7� 1일부� 3년에 걸쳐 동일� 비율� 베스팅되�, 계속 근무 조건� 붙습니다.
  • 성과 기반 RSU: 같은 날짜� 최대 182,927 단위 부�. 3� �(2028� 7� 1�)� 보상위원회가 승인� 성과 목표 달성 � 일괄 베스팅됩니다.

� 보상 모두 베스� � 1대1 비율� 보통주로 전환됩니�. 모든 단위� 경영진이 직Ϊ 보유하고 있습니다. 제출서류에는 처분이나 현금 행사가� 지�� 없으�, 즉각적인 희석은 보상 준비금 생성� 한정되고, 미래 희석은 베스� � 목표 달성� 따라 결정됩니�. 추가 파생상품이나 간접 보유� 공개되지 않았습니�.

Flux Power Holdings (FLUX) � Déclaration Formulaire 4 datée du 25/08/05 : Le PDG, Président et administrateur Krishna C. Vanka a déclaré aucun achat ou vente sur le marché ouvert ; il a reçu à la place de nouvelles attributions d’actions dans le cadre du Plan d’Incitation en Actions 2021.

  • RSU basées sur le temps : 121 951 unités attribuées le 01/08/25. Elles se libèrent en trois tranches annuelles égales à partir du 01/07/26, sous condition de maintien du service.
  • RSU basées sur la performance : jusqu’� 182 927 unités attribuées à la même date. Elles se libèrent en une seule fois après trois ans (01/07/28) uniquement si les objectifs de performance approuvés par le Comité de Rémunération sont atteints.

Les deux attributions se convertissent en actions ordinaires au taux de 1 pour 1 une fois acquises. Toutes les unités sont détenues directement par le dirigeant. La déclaration ne mentionne aucune cession ni exercice au prix en numéraire ; par conséquent, la dilution immédiate se limite à la création de réserves pour attributions, la dilution future dépendant de l’acquisition et de l’atteinte des objectifs. Aucun dérivé supplémentaire ni détention indirecte n’a été divulgué.

Flux Power Holdings (FLUX) � Form 4-Einreichung vom 25.08.05: CEO, Präsident und Direktor Krishna C. Vanka meldete keine Käufe oder Verkäufe am offenen Markt; stattdessen erhielt er neue Aktienzuteilungen im Rahmen des Equity Incentive Plans 2021.

  • Zeitbasierte RSUs: 121.951 Einheiten am 01.08.25 gewährt. Sie werden in drei gleichen jährlichen Tranchen ab dem 01.07.26 übertragen, abhängig von fortgesetzter Dienstzeit.
  • Leistungsbasierte RSUs: Bis zu 182.927 Einheiten am selben Datum gewährt. Diese werden nach drei Jahren (01.07.28) in einem Block übertragen, sofern die vom Vergütungsausschuss genehmigten Leistungsziele erreicht werden.

Beide Zuteilungen wandeln sich nach dem Vesting 1:1 in Stammaktien um. Alle Einheiten werden direkt vom Geschäftsführer gehalten. Die Einreichung zeigt keine Veräußerungen oder Barausübung; somit ist die sofortige Verwässerung auf die Bildung von Prämienreserven beschränkt, zukünftige Verwässerung hängt von Vesting und Zielerreichung ab. Keine weiteren Derivate oder indirekten Beteiligungen wurden offengelegt.

Positive
  • Performance-conditioned RSUs link a majority of the award to achieving board-approved targets, strengthening pay-for-performance alignment.
  • No insider sales were reported, removing negative sentiment often tied to profit-taking.
Negative
  • Potential dilution of ~304.9k shares exists if all RSUs vest, incrementally increasing share count.
  • The filing omits specific performance metrics, limiting transparency on hurdle difficulty.

Insights

TL;DR: CEO granted ~305k RSUs—aligns incentives; dilution contingent on vesting.

The award structure mixes 40% time-based and 60% performance-based RSUs, encouraging both retention and value creation. Because shares are issued only upon vesting, short-term dilution is negligible, but full vesting would add roughly 304,878 shares to float. Absent share-count context, the effect is likely immaterial but signals the board’s confidence in management. Lack of sale transactions removes any bearish insider signal.

TL;DR: Balanced incentive design; performance triggers improve shareholder alignment.

The three-year cliff on performance RSUs pushes management to focus on multi-year milestones, reducing short-termism risk. Annual vesting of time-based RSUs still provides regular retention hooks. Overall, the plan conforms to common small-cap governance practices and appears shareholder-friendly. No red flags observed.

Flux Power Holdings (FLUX) � Comunicazione Form 4 del 25/08/05: Il CEO, Presidente e direttore Krishna C. Vanka ha segnalato nessun acquisto o vendita sul mercato aperto; ha invece ricevuto nuovi premi azionari nell'ambito del Piano di Incentivi Azionari 2021.

  • RSU basate sul tempo: 121.951 unità assegnate il 01/08/25. Si maturano in tre tranche annuali uguali a partire dal 01/07/26, a condizione che il servizio continui.
  • RSU basate sulle performance: fino a 182.927 unità assegnate nella stessa data. Queste si maturano tutte insieme dopo tre anni (01/07/28) solo se vengono raggiunti gli obiettivi di performance approvati dal Comitato per la Remunerazione.

Entrambi i premi si convertono 1 a 1 in azioni ordinarie una volta maturati. Tutte le unità sono detenute direttamente dall'esecutivo. La comunicazione non evidenzia cessioni o esercizi con prezzo in contanti; quindi, la diluizione immediata è limitata alla creazione delle riserve per i premi, mentre la diluizione futura dipende dalla maturazione e dal raggiungimento degli obiettivi. Non sono stati dichiarati ulteriori derivati o partecipazioni indirette.

Flux Power Holdings (FLUX) � Presentación Formulario 4 fechada 25/08/05: El CEO, Presidente y director Krishna C. Vanka reportó ninguna compra o venta en el mercado abierto; en su lugar, recibió nuevas concesiones de acciones bajo el Plan de Incentivos de Capital 2021.

  • RSU basadas en tiempo: 121,951 unidades otorgadas el 01/08/25. Se consolidan en tres tramos anuales iguales a partir del 01/07/26, condicionadas a la continuidad del servicio.
  • RSU basadas en desempeño: hasta 182,927 unidades otorgadas en la misma fecha. Estas se consolidan de golpe después de tres años (01/07/28) solo si se alcanzan los objetivos de desempeño aprobados por el Comité de Compensación.

Ambas concesiones se convierten 1 a 1 en acciones ordinarias una vez consolidadas. Todas las unidades son mantenidas directamente por el ejecutivo. La presentación no muestra disposiciones ni ejercicio con precio en efectivo; por lo tanto, la dilución inmediata se limita a la creación de reservas para premios, y la dilución futura depende de la consolidación y el logro de objetivos. No se divulgaron derivados adicionales ni tenencias indirectas.

Flux Power Holdings (FLUX) � 2025� 8� 5일자 Form 4 제출: CEO이자 사장, 이사� Krishna C. Vanka� 공개 시장에서� 매수 또는 매도 없음� 보고했으�, 대� 2021� 주식 인센티브 계획� 따른 신규 주식 보상� 받았습니�.

  • 시간 기반 RSU: 2025� 8� 1일에 121,951 단위 부�. 2026� 7� 1일부� 3년에 걸쳐 동일� 비율� 베스팅되�, 계속 근무 조건� 붙습니다.
  • 성과 기반 RSU: 같은 날짜� 최대 182,927 단위 부�. 3� �(2028� 7� 1�)� 보상위원회가 승인� 성과 목표 달성 � 일괄 베스팅됩니다.

� 보상 모두 베스� � 1대1 비율� 보통주로 전환됩니�. 모든 단위� 경영진이 직Ϊ 보유하고 있습니다. 제출서류에는 처분이나 현금 행사가� 지�� 없으�, 즉각적인 희석은 보상 준비금 생성� 한정되고, 미래 희석은 베스� � 목표 달성� 따라 결정됩니�. 추가 파생상품이나 간접 보유� 공개되지 않았습니�.

Flux Power Holdings (FLUX) � Déclaration Formulaire 4 datée du 25/08/05 : Le PDG, Président et administrateur Krishna C. Vanka a déclaré aucun achat ou vente sur le marché ouvert ; il a reçu à la place de nouvelles attributions d’actions dans le cadre du Plan d’Incitation en Actions 2021.

  • RSU basées sur le temps : 121 951 unités attribuées le 01/08/25. Elles se libèrent en trois tranches annuelles égales à partir du 01/07/26, sous condition de maintien du service.
  • RSU basées sur la performance : jusqu’� 182 927 unités attribuées à la même date. Elles se libèrent en une seule fois après trois ans (01/07/28) uniquement si les objectifs de performance approuvés par le Comité de Rémunération sont atteints.

Les deux attributions se convertissent en actions ordinaires au taux de 1 pour 1 une fois acquises. Toutes les unités sont détenues directement par le dirigeant. La déclaration ne mentionne aucune cession ni exercice au prix en numéraire ; par conséquent, la dilution immédiate se limite à la création de réserves pour attributions, la dilution future dépendant de l’acquisition et de l’atteinte des objectifs. Aucun dérivé supplémentaire ni détention indirecte n’a été divulgué.

Flux Power Holdings (FLUX) � Form 4-Einreichung vom 25.08.05: CEO, Präsident und Direktor Krishna C. Vanka meldete keine Käufe oder Verkäufe am offenen Markt; stattdessen erhielt er neue Aktienzuteilungen im Rahmen des Equity Incentive Plans 2021.

  • Zeitbasierte RSUs: 121.951 Einheiten am 01.08.25 gewährt. Sie werden in drei gleichen jährlichen Tranchen ab dem 01.07.26 übertragen, abhängig von fortgesetzter Dienstzeit.
  • Leistungsbasierte RSUs: Bis zu 182.927 Einheiten am selben Datum gewährt. Diese werden nach drei Jahren (01.07.28) in einem Block übertragen, sofern die vom Vergütungsausschuss genehmigten Leistungsziele erreicht werden.

Beide Zuteilungen wandeln sich nach dem Vesting 1:1 in Stammaktien um. Alle Einheiten werden direkt vom Geschäftsführer gehalten. Die Einreichung zeigt keine Veräußerungen oder Barausübung; somit ist die sofortige Verwässerung auf die Bildung von Prämienreserven beschränkt, zukünftige Verwässerung hängt von Vesting und Zielerreichung ab. Keine weiteren Derivate oder indirekten Beteiligungen wurden offengelegt.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Wood Anthony J.

(Last) (First) (Middle)
C/O ROKU, INC.
1173 COLEMAN AVE.

(Street)
SAN JOSE CA 95110

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ROKU, INC [ ROKU ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
X Officer (give title below) Other (specify below)
CEO and Chairman BOD
3. Date of Earliest Transaction (Month/Day/Year)
08/04/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 08/04/2025 G 16,441 D $0.00 2,754 I The Anthony J. Wood 2023 Annuity Trust V
Class A Common Stock 08/04/2025 G 16,441 A $0.00 16,441 I Wood 2017 Revocable Trust
Class A Common Stock 08/05/2025 G 2,754 D $0.00 0 I The Anthony J. Wood 2023 Annuity Trust V
Class A Common Stock 08/05/2025 G 2,754 A $0.00 2,754 I Wood 2020 Nonexempt Irrevocable Trust
Class A Common Stock 42,500 I Wood 2020 Irrevocable Trust
Class A Common Stock 11,953 D
Class A Common Stock 18,760 I The Anthony J. Wood 2023 Annuity Trust V-B
Class A Common Stock 94,247 I The Anthony J. Wood 2024 Annuity Trust V-B
Class A Common Stock 173,129 I The Anthony J. Wood 2024 Annuity Trust V
Class A Common Stock 143,250 I The Anthony J. Wood 2025 Annuity Trust
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
Remarks:
Exhibit 24.1 - Power of Attorney and Exhibit 24.2 - Power of Attorney
/s/ Renee Strandness, attorney-in-fact 08/05/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many Flux Power (FLUX) shares were granted to the CEO?

Krishna Vanka received 121,951 time-based RSUs and up to 182,927 performance-based RSUs, totaling 304,878 units.

When do the new FLUX RSUs vest?

Time-based RSUs vest annually over three years starting 07/01/26; performance RSUs cliff-vest on 07/01/28, subject to goal achievement.

Were any FLUX shares sold or purchased in this Form 4?

No. The filing reports only grants; no open-market transactions occurred.

Does this insider award immediately dilute shareholders?

Shares are issued only upon vesting, so immediate dilution is minimal; full dilution occurs if all 304,878 units vest.

What plan authorized the RSU grants?

Both awards were made under Flux Power’s 2021 Equity Incentive Plan.
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Entertainment
Cable & Other Pay Television Services
United States
SAN JOSE