Form 4: Netflix Director Richard N. Barton Acquires 100 Stock Options
SEC Form 4 Filing
Richard N. Barton, a director of Netflix, acquired 100 non-qualified stock options on August 1, 2024, at a price of $0.
Summary
- On August 1, 2024, Richard N. Barton, a director of Netflix, acquired 100 non-qualified stock options.
- The exercise price of these options is $624.85.
- The options are exercisable from August 1, 2024, and expire on August 1, 2034.
- Following the transaction, Barton directly owns 100 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 is a routine disclosure of stock option grants to a company director, a common practice in publicly traded companies 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 |
|---|---|
| 08/01/2024 | Date of earliest transaction: Acquisition of 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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