Director Neil D. Hunt filed a Form 4 with the SEC on November 10, 2026, reporting the disposition of all his directly held Roku, Inc. Class A Common Stock, Class B Common Stock, stock options, and restricted stock units on November 6, 2026, in connection with the completed merger between Roku, Inc. and Fox Corporation.

Key Highlights

  • Merger completed: Roku, Inc. and Fox Corporation completed their merger on November 6, 2026, pursuant to the Agreement and Plan of Merger dated June 14, 2026.
  • Merger consideration: Each share of Roku Class A and Class B Common Stock was converted into 0.9799 shares of FOX Class A Common Stock plus $95.30 in cash, without interest.
  • Common stock disposed: Hunt's 9,629 shares of Class A Common Stock and 26,000 shares of Class B Common Stock were disposed of at the Effective Time, leaving a post-transaction balance of zero.
  • Vested options cancelled for consideration: Eight vested, in-the-money stock options covering a total of 53,619 shares of Class A Common Stock were cancelled and converted into the right to receive the Merger Consideration reduced by the applicable exercise price.
  • Out-of-the-money option cancelled for no consideration: One stock option for 954 shares at an exercise price of $347.81 was cancelled for no consideration.
  • RSU accelerated and settled: 1,027 restricted stock units vested immediately prior to the Effective Time under the Roku Non-Employee Director Compensation Policy and were converted into the right to receive the Merger Consideration.
  • Post-transaction ownership: Following all reported transactions, Hunt held zero shares of Roku common stock, zero derivative securities, and zero options in Roku, Inc.

Hunt's Roku Holdings Fully Extinguished in Fox Corporation Acquisition

According to the filing, Roku, Inc. (NASDAQ:ROKU) 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. Under the merger terms, each outstanding share of Roku Class A and Class B Common Stock was converted into the right to receive 0.9799 shares of FOX Class A Common Stock and $95.30 in cash, without interest, together constituting the "Merger Consideration" as described in the filing.

The filing reports that Hunt, identified as a director of Roku, Inc., held 9,629 shares of Class A Common Stock and 26,000 shares of Class B Common Stock immediately prior to the Effective Time, all of which were disposed of pursuant to the merger terms. His eight vested, in-the-money stock options - with exercise prices ranging from $8.82 to $119.64 per share and covering a combined 53,619 underlying Class A shares - were cancelled and converted into the right to receive the Merger Consideration minus the applicable exercise price. The filing notes that the value of the Merger Consideration for this calculation was determined based on the closing trading price of FOX Class A Common Stock on November 5, 2026.

One additional option covering 954 shares, with an exercise price of $347.81, was cancelled at the Effective Time for no consideration, as it was classified as an out-of-the-money company option under the Merger Agreement's definitions. Hunt's 1,027 restricted stock units, each representing a contingent right to receive one share of Class A Common Stock, became fully vested immediately prior to the Effective Time under the Roku Non-Employee Director Compensation Policy and were similarly converted into the right to receive the Merger Consideration. All reported positions now reflect zero beneficial ownership in Roku.

What Was Disclosed

Director Neil D. Hunt reported the full disposition of all Roku, Inc. equity interests - including common stock, stock options, and restricted stock units - on November 6, 2026, as a result of the completed merger between Roku, Inc. and Fox Corporation, leaving Hunt with zero beneficial ownership in Roku.