Form 4: Netflix Director Jay C. Hoag Acquires Shares Through Stock Options
SEC Form 4 Filing
Director Jay C. Hoag reports acquisition of Netflix shares through non-qualified stock options.
Summary
- On February 3, 2025, Jay C. Hoag, a director of Netflix Inc., acquired 64 shares of common stock through the exercise of non-qualified stock options.
- The exercise price of the options was $978.94.
- The options became exercisable on February 3, 2025, and expire on February 3, 2035.
- Following the transaction, Hoag directly owns 64 derivative securities.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, indicating a routine transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it represents a standard acquisition of shares by a director.
Key Dates
| Date | Description |
|---|---|
| 02/03/2025 | Date of earliest transaction: Acquisition of shares through stock options; Options become exercisable |
| 02/03/2035 | Expiration date of the non-qualified stock options |
| 02/04/2025 | Date of signature for the Form 4 filing |
Keywords
Netflix, Director, Stock Options, Form 4, NFLX, Acquisition, Shares, Beneficial Ownership
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.