Form 4: Netflix Director Bradford L. Smith Acquires Stock Options
SEC Form 4 Filing
Director Bradford L. Smith acquired 88 non-qualified stock options in Netflix on October 1, 2024.
Summary
- On October 1, 2024, Bradford L. Smith, a director of Netflix, acquired 88 non-qualified stock options.
- The exercise price of these options is $706.13.
- The options become exercisable on October 1, 2024, and expire on October 1, 2034.
- Following this transaction, Smith directly owns 88 derivative securities.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a routine transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This is a routine disclosure of stock option acquisition by a company director, which is a common practice in publicly traded companies to align management's interests with those of shareholders.
Stakeholder Impact
- The acquisition of stock options by a director can align their interests with shareholders, potentially encouraging decisions that increase shareholder value.
Key Dates
| Date | Description |
|---|---|
| 10/01/2024 | Date of earliest transaction: acquisition of stock options. |
| 10/01/2024 | Options become exercisable. |
| 10/01/2034 | Options expiration date. |
| 10/02/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.