Form 4: Netflix Director Jay C. Hoag Acquires Stock Options
SEC Form 4
Director Jay C. Hoag acquired 98 non-qualified stock options in Netflix on June 3, 2024, at an exercise price of $633.79.
Summary
- On June 3, 2024, Jay C. Hoag, a director of Netflix, acquired 98 non-qualified stock options.
- The exercise price for these options is $633.79.
- The options are exercisable starting June 3, 2024, and expire on June 3, 2034.
- Following the transaction, Mr. Hoag directly owns 98 derivative securities.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock option acquisition by a director, neither particularly positive nor negative.
Industry Context
This is a standard SEC Form 4 filing, indicating a change in beneficial ownership by a company insider. Such filings are common and provide transparency to the market regarding insider transactions.
Stakeholder Impact
- The acquisition of stock options by a director can be seen as a positive signal to shareholders, indicating confidence in the company's future performance.
Key Dates
| Date | Description |
|---|---|
| 06/03/2024 | Date of earliest transaction: Jay C. Hoag acquired non-qualified stock options. |
| 06/03/2024 | Date exercisable for the non-qualified stock options. |
| 06/03/2034 | Expiration date for the non-qualified stock options. |
| 06/04/2024 | Date of signature for 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.