The Motley Fool9 ago 2026, 00:11
A Roku Insider Sells Nearly 11,000 Shares for $1.6 Million as the Company Prepares to Be Acquired. Here's a Closer Look at the Transaction.
Gilbert Fuchsberg, President of Subscriptions at Roku, sold 10,719 shares for approximately $1.6 million on August 6, 2026, under a pre-arranged Rule 10b5-1 trading plan. The sale does not reflect the insider's personal view on the stock, as it was a non-discretionary transaction. Roku is preparing to be acquired by Fox Corporation, which will take on $12 billion in new debt to finance the deal. Roku has demonstrated strong financial performance with 22% year-over-year revenue growth and substantial net income improvements.
