On September 23, 2024, Roku Inc. announced changes to its Executive Supplemental Stock Option Program, which will be effective from January 1, 2025. The Compensation Committee of the Board of Directors approved the amendments allowing eligible executives, excluding the CEO, to exchange a portion of their annual base salary for fully vested non-statutory stock options. These options are part of Roku's Amended and Restated 2017 Equity Incentive Plan. Executives at or above the Senior Vice President level can make this election annually, with the number of options granted monthly determined by a formula involving the stock's closing price and a Black-Scholes value approximation factor. The options will vest immediately upon grant and are exercisable for up to ten years, irrespective of the executive's employment status. The enrollment form and stock option grant notice for the Amended Program were filed with the SEC and are included as exhibits in the Form 8-K report.

On September 23, 2024, Roku Inc. announced changes to its Executive Supplemental Stock Option Program, which will be effective from January 1, 2025. The Compensation Committee of the Board of Directors approved the amendments allowing eligible executives, excluding the CEO, to exchange a portion of their annual base salary for fully vested non-statutory stock options. These options are part of Roku's Amended and Restated 2017 Equity Incentive Plan. Executives at or above the Senior Vice President level can make this election annually, with the number of options granted monthly determined by a formula involving the stock's closing price and a Black-Scholes value approximation factor. The options will vest immediately upon grant and are exercisable for up to ten years, irrespective of the executive's employment status. The enrollment form and stock option grant notice for the Amended Program were filed with the SEC and are included as exhibits in the Form 8-K report.