Form 4: Ann Mather, Netflix Director, Reports Stock Option Grant
SEC Filing
Netflix director Ann Mather reports the acquisition of non-qualified stock options.
Summary
- Ann Mather, a director of Netflix, filed a Form 4 with the SEC.
- The filing reports a transaction that occurred on May 1, 2024.
- Mather acquired 113 non-qualified stock options with an exercise price of $551.76.
- The options are exercisable from May 1, 2024, and expire on May 1, 2034.
- Following the transaction, Mather directly owns 113 derivative securities.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, such as directors and officers, ensuring fair market practices.
Stakeholder Impact
- The acquisition of stock options by a director could be perceived positively by shareholders as it aligns the director's interests with the company's performance.
Key Dates
| Date | Description |
|---|---|
| 05/01/2024 | Date of transaction: acquisition of stock options |
| 05/01/2024 | Options exercisable date |
| 05/01/2034 | Options expiration date |
| 05/02/2024 | Date of Form 4 filing |
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