Form 4: Netflix Director Bradford L. Smith Acquires Stock Options
SEC Form 4 Filing
Bradford L. Smith, a director at Netflix, acquired 102 non-qualified stock options on April 1, 2024, at an exercise price of $614.31.
Summary
- On April 1, 2024, Bradford L. Smith, a director of Netflix, acquired 102 non-qualified stock options.
- The exercise price for these options is $614.31.
- The options are exercisable from April 1, 2024, and expire on April 1, 2034.
- The transaction was reported on April 2, 2024.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. It doesn't inherently convey positive or negative sentiment.
Industry Context
This is a routine disclosure of insider transactions, which are common for directors and officers of publicly traded companies like Netflix. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The acquisition of stock options by a director can be seen as a positive sign by shareholders, indicating confidence in the company's future performance.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of transaction: Bradford L. Smith acquired stock options. |
| 04/01/2024 | Options exercisable date. |
| 04/01/2034 | Options expiration date. |
| 04/02/2024 | Date the Form 4 was signed. |
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