Roku Founder Anthony Wood Holds 13.1% Stake, 18.5M Shares

TL;DR

**Roku founder Anthony Wood still owns 13.1% of the company, showing strong insider confidence.**

AI Summary

Anthony J. Wood, the founder and CEO of Roku, Inc., filed an amended SC 13G/A on February 9, 2024, disclosing his beneficial ownership of 18,521,267 shares of Roku Class A Common Stock as of December 31, 2023. This represents a significant 13.1% stake in the company, with Wood holding sole voting and dispositive power over 1,343,156 shares and shared power over 17,178,111 shares. This matters to investors because it shows that Roku's founder maintains a substantial ownership interest, aligning his incentives with long-term shareholder value, even as his overall percentage ownership slightly decreased from previous filings.

Why It Matters

Anthony Wood's continued significant ownership stake signals his strong commitment to Roku's future, which can be a positive indicator for current and prospective investors.

Risk Assessment

Risk Level: low — This filing indicates stable, significant insider ownership, which generally reduces risk by aligning management's interests with shareholders.

Analyst Insight

A smart investor would view this filing as a positive signal of continued insider confidence and long-term commitment from Roku's founder, potentially reinforcing a bullish stance on the stock.

Key Numbers

• 18,521,267 — Total Shares Beneficially Owned (Represents Anthony J. Wood's total stake in Roku, Inc. as of December 31, 2023.)
• 13.1% — Percentage of Class A Common Stock (Indicates the significant portion of Roku owned by its founder, Anthony J. Wood.)
• 1,343,156 — Shares with Sole Voting Power (The number of shares over which Anthony J. Wood has complete control.)
• 17,178,111 — Shares with Shared Voting Power (The number of shares over which Anthony J. Wood shares voting and dispositive power, likely through trusts or other entities.)
• February 9, 2024 — Filing Date (The date this amended SC 13G/A was filed with the SEC.)

Key Players & Entities

• Anthony J. Wood (person) — Founder and CEO of Roku, Inc., and the reporting person in this filing.
• Roku, Inc. (company) — The subject company whose Class A Common Stock is being reported.
• 18,521,267 shares (dollar_amount) — Total number of Class A Common Stock shares beneficially owned by Anthony J. Wood as of December 31, 2023.
• 13.1% (dollar_amount) — Percentage of Roku's Class A Common Stock beneficially owned by Anthony J. Wood.
• December 31, 2023 (date) — The date of the event which required the filing of this statement.

Forward-Looking Statements

• Anthony Wood will continue to hold a significant, though potentially slightly decreasing, ownership stake in Roku over the next year. (Anthony J. Wood) — high confidence, target: 2025-02-09
• Roku's strategic direction will likely remain consistent with Anthony Wood's vision due to his substantial voting power. (Roku, Inc.) — medium confidence, target: 2025-02-09

FAQ

Filing Documents

• d83275dsc13ga.htm (SC 13G/A) — 45KB
• 0001193125-24-029054.txt ( ) — 46KB

From the Filing

SC 13G/A 1 d83275dsc13ga.htm SC 13G/A SC 13G/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 (Amendment No. 6)* Roku, Inc. (Name of Issuer) Class A Common Stock (Title of Class of Securities) 77543R102 (CUSIP Number) December 31, 2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: Rule 13d-1(b) Rule 13d-1(c) Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 77543R102 Schedule 13G Page 2 of 5 Pages 1. Names of Reporting Persons Anthony J. Wood 2. Check the Appropriate Box if a Member of a Group (see instructions) (a)(b) 3. SEC USE ONLY 4. Citizenship or Place of Organization United Number of Shares Beneficially Owned by Each Reporting Person With: 5. Sole Voting Power 1,343,156 6. Shared Voting Power 17,178,111 (See Item 4(a) below) 7. Sole Dispositive Power 1,343,156 8. Shared Dispositive Power 17,178,111 (See Item 4(a) below) 9. Aggregate Amount Beneficially Owned by Each Reporting Person 18,521,267 (See Item 4(a) below) 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (see instructions) 11. Percent of Class Represented by Amount in Row (9) 12.83% (See Item 4(b) below) 12. Type of Reporting Person (see instructions) IN CUSIP No. 77543R102 Schedule 13G Page 3 of 5 Pages Item1(a). Name of Issuer: Roku, Inc. Item1(b). Address of Issuers Principal Executive Offices: 1173 Coleman Avenue San Jose, California 95110 Item2(a). Name of Person Filing: Anthony J. Wood Item2(b). Address of Principal Business Office or, if none, Residence: c/o Roku, Inc. 1173 Coleman Avenue San Jose, California 95110 Item2(c). Citizenship: United States Item2(d). Title of Class of Securities: Class A Common Stock Item2(e). CUSIP Number: 77543R102 Item3. If this statement is filed pursuant to 240.13d-1(b), or 240.13d-2(b) or (c), check whether the person filing is a: (a) Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o); (b) Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); (c) Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c); (d) Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); (e) An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E); (f) An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F); (g) A parent holding company or control person in accordance with 240.13d-1(b)(1)(ii)(G); (h) A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) A non-U.S. institution in accordance with 240.13d1(b)(1)(ii)(J); (k) Group, in accordance with 240.13d1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with 240.13d1(b)(1)(ii)(J), please specify the type of institution:_____ Item4. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. CUSIP No. 77543R102 Schedule 13G Page 4 of 5 Pages (a) Amount Beneficially Owned: The reporting person has sole voting and dispositive power over 141,221 shares of Class A Common Stock and 1,010,735 shares of Class A Common Stock issuable upon exercise of options which are exercisable within sixty days after December 31, 2023. The reporting person also has sole voting and dispositive power over (i) 6,849 shares of Class A Common Stock held by the Anthony J. Wood 2022 Annuity Trust V, (ii) 54,702 shares of Class A Common Stock held by the Anthony J. Wood 2022 Annuity Trust V-B, (iii) 41,851 shares of Class A Common Stock held by the Anthony J. Wood 2023 Annuity Trust V, and (iv) 45,298 shares of Class A Common Stock held by the Anthony J. Wood 2023 Annuity Trust V-B. Mr. Wood is trustee of such annuity trusts. The reporting person has shared voting and dispositive power over 17,178,111 shares of Class B Common Stock, which are held by the Wood Revocable Trust. Mr. Wood and his wife are co-truste