Form 4: Netflix Director Bradford L. Smith Acquires Stock Options
SEC Form 4 Filing
Director Bradford L. Smith acquired 67 non-qualified stock options in Netflix on April 1, 2025, at an exercise price of $928.38.
Summary
- On April 1, 2025, Bradford L. Smith, a director of Netflix, acquired 67 non-qualified stock options.
- The exercise price for these options is $928.38.
- The options are exercisable starting April 1, 2025, and expire on April 1, 2035.
- Following the transaction, Smith directly owns 67 derivative securities.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing regarding stock option grants, with no inherent positive or negative sentiment.
Industry Context
This is a routine disclosure of stock option grants to a company director, a common practice in publicly traded companies like Netflix to incentivize and align the interests of management with shareholders.
Stakeholder Impact
- The acquisition of stock options by a director can align their interests with those of shareholders, potentially encouraging decisions that increase shareholder value.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of earliest transaction: acquisition of stock options. |
| 04/01/2025 | Date the non-qualified stock options become exercisable. |
| 04/01/2035 | Expiration date of the non-qualified stock options. |
| 04/02/2025 | Date of signature for the Form 4 filing. |
Keywords
Netflix, Director, Stock Options, Form 4, Beneficial Ownership, NFLX, Securities
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