Form 4: Ann Mather, Netflix Director, Executes Stock Options and Sells Shares Under 10b5-1 Plan
SEC Form 4
Netflix Director Ann Mather exercised stock options and sold shares of common stock on May 9, 2025, under a pre-arranged Rule 10b5-1 trading plan.
Summary
- On May 9, 2025, Ann Mather, a director of Netflix, executed non-qualified stock options to acquire shares of Netflix common stock.
- These transactions were carried out under a pre-arranged trading plan (Rule 10b5-1) adopted on February 7, 2025.
- Mather acquired a total of 1,358 shares through option exercises at prices ranging from $201.07 to $359.93.
- Simultaneously, Mather sold 1,358 shares at a price of $1,150 per share.
- Following these transactions, Mather directly owns zero shares of Netflix common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it's a routine disclosure of stock transactions under a pre-arranged plan. There's no indication of positive or negative implications for the company.
Industry Context
This filing is a routine disclosure of insider transactions. Directors often have stock options as part of their compensation, and it's common for them to exercise these options and sell a portion of the shares, especially under pre-arranged trading plans to avoid any appearance of impropriety.
Key Dates
| Date | Description |
|---|---|
| 01/02/2018 | Date exercisable for some Non-Qualified Stock Options |
| 02/01/2018 | Date exercisable for some Non-Qualified Stock Options |
| 03/01/2018 | Date exercisable for some Non-Qualified Stock Options |
| 04/02/2018 | Date exercisable for some Non-Qualified Stock Options |
| 05/01/2018 | Date exercisable for some Non-Qualified Stock Options |
| 06/01/2018 | Date exercisable for some Non-Qualified Stock Options |
| 01/02/2028 | Expiration date for some Non-Qualified Stock Options |
| 02/01/2028 | Expiration date for some Non-Qualified Stock Options |
| 03/01/2028 | Expiration date for some Non-Qualified Stock Options |
| 04/02/2028 | Expiration date for some Non-Qualified Stock Options |
| 05/01/2028 | Expiration date for some Non-Qualified Stock Options |
| 06/01/2028 | Expiration date for some Non-Qualified Stock Options |
| 02/07/2025 | Date the Rule 10b5-1 trading plan was adopted. |
| 05/09/2025 | Date of the stock option exercises and share sales. |
| 05/12/2025 | Date of the Form 4 filing. |
Keywords
Netflix, Ann Mather, Director, Stock Options, Rule 10b5-1, Form 4, Insider Trading, Share Sale, Equity Securities
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.