{"schema_version":"secwatch.filing_event.v1","accession":"0001065280-21-000319","form_type":"8-K","ticker":"NFLX","cik":"0001065280","company_name":"NETFLIX INC","filed_at":"2021-09-10T23:59:59+00:00","discovered_at":"2026-05-14T18:04:17.037752+00:00","generated_at":"2026-06-29T04:25:41.460570+00:00","sec_items":["5.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"Netflix amends executive severance plan, increases minimum benefit to 12 months from 9 months","bullets":["Board approved Amended and Restated Executive Severance and Retention Incentive Plan on Sept 8, 2021.","Minimum severance benefit for VPs and above increased from 9 to 12 months of allocatable compensation.","Severance payable upon termination without cause, death, or permanent disability, subject to signing a release.","Retention incentive upon Change in Control remains 12 months of allocatable compensation for eligible executives.","Newly hired VPs initially eligible for up to 36 months, reducing by 1 month per month of tenure to 12 months."],"urls":{"canonical":"https://secwatch.observer/filing/0001065280-21-000319","json":"https://secwatch.observer/filing/0001065280-21-000319.json","markdown":"https://secwatch.observer/filing/0001065280-21-000319.md","text":"https://secwatch.observer/filing/0001065280-21-000319.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1065280/000106528021000319/0001065280-21-000319-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1065280/000106528021000319/nflx-20210908.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-29T04:25:41.460570+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}