Form 4: Netflix Director Leslie J. Kilgore Reports Stock Option Acquisition
SEC Form 4 Filing
Director Leslie J. Kilgore reported acquiring 113 non-qualified stock options in Netflix on May 1, 2024, at an exercise price of $551.76.
Summary
- On May 1, 2024, Leslie J. Kilgore, a director of Netflix, acquired 113 non-qualified stock options.
- The exercise price for these options is $551.76.
- The options are exercisable from May 1, 2024, and expire on May 1, 2034.
- The transaction was reported on May 2, 2024.
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 related to stock option grants to a company director, which is a common practice in publicly traded companies like Netflix to incentivize and align the interests of directors with those of shareholders.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves the granting of stock options to a director, aligning their interests with the company's performance.
Key Dates
| Date | Description |
|---|---|
| 05/01/2024 | Date of transaction: Leslie J. Kilgore acquired 113 non-qualified stock options. |
| 05/01/2024 | Options exercisable date. |
| 05/01/2034 | Options expiration date. |
| 05/02/2024 | Date of report filing. |
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