Form 4: Netflix Director Ann Mather Executes Stock Options and Sells Shares Under 10b5-1 Plan

Director Ann Mather exercised stock options and sold Netflix shares on February 3, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

• Ann Mather, a director of Netflix, executed multiple transactions involving Netflix common stock on February 3, 2025.
• These transactions included the exercise of non-qualified stock options and the subsequent sale of shares.
• The exercises were related to options with strike prices ranging from $127.49 to $198.
• Mather acquired a total of 2,682 shares through option exercises.
• She then sold 2,682 shares at a price of $973.
• Following these transactions, Mather directly owns 0 shares of Netflix common stock.
• The transactions were executed under a pre-arranged Rule 10b5-1 trading plan adopted on October 31, 2024.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by a company insider. It doesn't inherently convey positive or negative sentiment.

Industry Context

Insider transactions are common and closely monitored, especially those executed under 10b5-1 plans, which are designed to prevent accusations of trading on non-public information.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the increased supply of shares in the market, but the effect is likely minimal given the overall trading volume of Netflix stock.

Key Dates

Keywords

Netflix, NFLX, Ann Mather, Director, Stock Options, Form 4, 10b5-1 Trading Plan, Insider Trading, Securities Exchange Act