Christopher T. Handman, SVP and General Counsel of Roku, Inc., filed a Form 4 on November 10, 2026, reporting the disposition of Class A Common Stock and restricted stock units following the completion of Roku's merger with Fox Corporation on November 6, 2026.

Key Highlights

  • Merger completed: Roku, Inc. and Fox Corporation completed their merger on November 6, 2026, pursuant to an Agreement and Plan of Merger dated June 14, 2026.
  • Shares disposed: Handman's 8,997 shares of Class A Common Stock were converted into the right to receive merger consideration, leaving him with 0 shares directly owned.
  • Merger consideration per share: Each share of Roku common stock was converted into 0.9799 shares of FOX Class A Common Stock plus $95.30 in cash, without interest.
  • RSUs cancelled and converted: Two tranches of unvested RSUs, totaling 27,469 and 59,492 units respectively, were cancelled and converted into Converted RSU Cash Awards and Converted RSU Equity Awards.
  • Post-transaction ownership: Following the reported transactions, Handman holds 0 Roku RSUs directly.
  • Exchange ratio for RSU equity awards: Converted RSU Equity Awards entitle holders to FOX Class A Common Stock based on a specified exchange ratio applied to the number of underlying Roku shares.

Handman's Holdings Extinguished in Roku-Fox Merger Closing

According to the filing, Roku, Inc. and Fox Corporation completed the transactions contemplated by their Agreement and Plan of Merger on November 6, 2026. The merger involved Falcon Merger Sub 1, Inc. and Falcon Merger Sub 2, LLC as merger subsidiaries. As SVP and General Counsel, Christopher T. Handman reported the disposition of all directly held Roku securities as a result of the merger's effective time.

The filing states that each share of Roku Class A Common Stock and Class B Common Stock held by Handman that was outstanding immediately prior to the effective time was converted into the right to receive 0.9799 shares of FOX Class A Common Stock, together with cash in lieu of fractional shares, plus $95.30 in cash, without interest. Handman held 8,997 shares of Class A Common Stock, which were disposed of under transaction code D, leaving a remaining direct balance of 0 shares.

Two tranches of unvested restricted stock units were also reported as disposed of: 27,469 RSUs and 59,492 RSUs. The filing explains that each unvested RSU was cancelled and converted into a Converted RSU Cash Award and a Converted RSU Equity Award. The Converted RSU Cash Award entitles the holder to receive a payment equal to the per share cash amount in respect of each underlying share, payable in cash or FOX Class A Common Stock, or a combination thereof, at FOX's sole discretion. The Converted RSU Equity Award entitles the holder to a number of FOX Class A Common Stock shares equal to the number of underlying Roku shares multiplied by the exchange ratio, rounded to the nearest whole number. Following these transactions, Handman's directly owned RSU balance stands at 0.

What Was Disclosed

The filing reports the elimination of Christopher T. Handman's direct Roku holdings, comprising 8,997 shares of Class A Common Stock and two RSU tranches totaling 86,961 units, upon the closing of the Roku-Fox merger on November 6, 2026.