Form 4: Netflix Director Jay C. Hoag Acquires 100 Stock Options
SEC Form 4 Filing
Director Jay C. Hoag acquired 100 non-qualified stock options in Netflix on August 1, 2024, at an exercise price of $624.85.
Summary
- On August 1, 2024, Jay C. Hoag, 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.
- Following the transaction, Mr. Hoag directly owns 100 derivative securities.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a stock option grant. It doesn't inherently convey positive or negative sentiment.
Industry Context
This is a standard Form 4 filing, indicating a change in beneficial ownership by a company insider. Such filings are common and provide transparency into the transactions of company directors and officers.
Stakeholder Impact
- The acquisition of stock options by a director can be seen as a positive sign, aligning the director's interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 08/01/2024 | Date of earliest transaction: Jay C. Hoag acquired 100 non-qualified stock options. |
| 08/01/2024 | Options become exercisable. |
| 08/01/2034 | Options expiration date. |
| 08/02/2024 | Date of signature for the Form 4 filing. |
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