Form 4: Netflix Director Anne M. Sweeney Reports Stock Option Acquisition
SEC Form 4 Filing
Anne M. Sweeney, a director of Netflix, acquired 98 non-qualified stock options on June 3, 2024, at a price of $633.79.
Summary
- On June 3, 2024, Anne M. Sweeney, a director of Netflix, acquired 98 non-qualified stock options.
- The exercise price of these options is $633.79.
- The options are exercisable from June 3, 2024, and expire on June 3, 2034.
- Following the transaction, Sweeney directly owns 98 derivative securities.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing regarding stock option acquisition, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure of stock option acquisition by a company director, which is a common practice in publicly traded companies like Netflix to incentivize and align the interests of directors with those of shareholders.
Stakeholder Impact
- The acquisition of stock options by a director can align their interests with those of shareholders, potentially encouraging decisions that benefit the company's long-term performance.
Key Dates
| Date | Description |
|---|---|
| 06/03/2024 | Date of earliest transaction: Acquisition of 98 non-qualified stock options. |
| 06/03/2024 | Date the stock options are exercisable. |
| 06/03/2034 | Expiration date of the stock options. |
| 06/04/2024 | Date of signature on the Form 4 filing. |
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