Summary by Futu AI
Roku, Inc. announced that THE WOOD REVOCABLE TRUST, associated with a director, officer, and 10% stockholder, plans to sell 25,000 shares of common stock on 12/10/2024. The estimated aggregate market value of the sale is $2,103,000. The shares were originally acquired on 06/14/2013 through previously exercised stock options.This sale is part of a larger trading pattern. Over the past three months, the trust has sold a total of 75,000 shares, generating gross proceeds of $5,679,930. Previous sales occurred on 11/11/2024, 10/10/2024, and 09/12/2024, each involving 25,000 shares.The current sale plan was adopted on 06/06/2024, indicating a pre-arranged trading strategy. This transaction continues the consistent selling pattern established over recent months, with sales occurring approximately monthly.