Form 4: Netflix Director Bradford L. Smith Acquires Additional Stock Options
SEC Form 4 Filing
Director Bradford L. Smith acquired 98 non-qualified stock options in Netflix on June 3, 2024, at an exercise price of $633.79.
Summary
- On June 3, 2024, Bradford L. Smith, a director of Netflix, acquired 98 non-qualified stock options.
- The exercise price for these options is $633.79.
- The options are exercisable starting June 3, 2024, and expire on June 3, 2034.
- Following the transaction, Smith directly owns 98 derivative securities.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock option acquisition, indicating a neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and provides transparency to the market regarding the holdings of Netflix's directors.
Stakeholder Impact
- The acquisition of stock options by a director can be seen as a positive signal to shareholders, indicating confidence in the company's future performance.
Key Dates
| Date | Description |
|---|---|
| 06/03/2024 | Date of earliest transaction: Bradford L. Smith acquired 98 non-qualified stock options at $633.79. |
| 06/03/2024 | Options exercisable date. |
| 06/03/2034 | Options expiration date. |
| 06/04/2024 | Date of signature for the Form 4 filing. |
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