Form 4: Netflix Director Bradford L. Smith Acquires 100 Stock Options
SEC Form 4 Filing
Director Bradford L. Smith acquired 100 non-qualified stock options in Netflix on August 1, 2024, at an exercise price of $624.85.
Summary
- On August 1, 2024, Bradford L. Smith, a director of Netflix, acquired 100 non-qualified stock options.
- The exercise price for these options is $624.85.
- The options are exercisable starting August 1, 2024, and expire on August 1, 2034.
- The transaction was reported on August 2, 2024.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing regarding a stock option grant, with no inherent positive or negative sentiment.
Industry Context
This is a routine disclosure of a director's stock option acquisition, which is a common practice in publicly traded companies to incentivize and align the interests of directors with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 08/01/2024 | Date of transaction: Bradford L. Smith acquired 100 non-qualified stock options. |
| 08/01/2024 | Options become exercisable. |
| 08/01/2034 | Options expiration date. |
| 08/02/2024 | Date of Form 4 filing. |
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