---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-289768"
form_type: "8-K"
ticker: "ROKU"
cik: "0001428439"
company_name: "ROKU, INC"
filed_at: "2021-10-01T23:59:59+00:00"
generated_at: "2026-06-28T23:52:12.746845+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Roku adopts Executive Supplemental Stock Option Program for CEO and SVPs

## Summary
- Program allows executives to reduce annual base salary in exchange for monthly grants of fully vested nonstatutory stock options.
- Elections must be made during the last open trading window of the prior year and are irrevocable except for unforeseeable emergencies.
- Monthly grants are determined by formula using salary reduction amount, closing stock price, and a Black-Scholes-based ratio.
- Options are fully vested on grant date, exercisable for up to ten years, and administered under the 2017 Equity Incentive Plan.
- Program effective starting calendar year 2022; Compensation Committee may adjust the Stock Option Ratio annually.

## SEC filing metadata
- accession: 0001193125-21-289768
- form_type: 8-K
- ticker: ROKU
- cik: 0001428439
- company_name: ROKU, INC
- filed_at: 2021-10-01T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1428439/000119312521289768/0001193125-21-289768-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1428439/000119312521289768/d237414d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-289768
- JSON: https://secwatch.observer/filing/0001193125-21-289768.json
- Plain text: https://secwatch.observer/filing/0001193125-21-289768.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.