Form 4: Netflix Director Richard N. Barton Acquires Stock Options
SEC Form 4 Filing
Richard N. Barton, a director of Netflix, acquired 113 non-qualified stock options on May 1, 2024, at an exercise price of $551.76.
Summary
- On May 1, 2024, Richard N. Barton, 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 a Form 4 filing with the SEC.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a transaction by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC when insiders, such as directors and officers, trade in their company's stock. This filing indicates a director's acquisition of stock options, which is a common form of executive compensation.
Stakeholder Impact
- The acquisition of stock options by a director can be seen as a positive sign by shareholders, indicating confidence in the company's future performance.
Key Dates
| Date | Description |
|---|---|
| 05/01/2024 | Date of transaction: Richard N. Barton acquired 113 non-qualified stock options. |
| 05/01/2024 | Date exercisable: The stock options become exercisable. |
| 05/01/2034 | Expiration date: The stock options expire. |
| 05/02/2024 | Date of report. |
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