Form 4: Netflix Director Richard N. Barton Acquires Additional Stock Options
SEC Form 4
Richard N. Barton, a director of Netflix, acquired 93 non-qualified stock options on September 3, 2024, at a price of $675.32.
Summary
- On September 3, 2024, Richard N. Barton, a director of Netflix, acquired 93 non-qualified stock options.
- The exercise price of these options is $675.32.
- The options become exercisable on September 3, 2024, and expire on September 3, 2034.
- Following the transaction, Barton directly owns 93 derivative securities.
Sentiment
Score: 5
Explanation: This is a neutral event, simply a director acquiring stock options, which is a standard part of executive compensation.
Industry Context
This is a routine disclosure of a director's stock option acquisition, 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 acquisition of stock options by a director can align their interests with shareholders, potentially encouraging decisions that increase shareholder value.
Key Dates
| Date | Description |
|---|---|
| 09/03/2024 | Date of transaction: Richard N. Barton acquired 93 non-qualified stock options. |
| 09/03/2024 | Date exercisable for the acquired stock options. |
| 09/03/2034 | Expiration date for the acquired stock options. |
| 09/04/2024 | Date of signature for the Form 4 filing. |
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