Form 4: Netflix Director Strive Masiyiwa Acquires Additional Stock Options
SEC Form 4 Filing
Director Strive Masiyiwa reports acquiring non-qualified stock options for 102 shares of Netflix common stock on April 1, 2024.
Summary
- On April 1, 2024, Strive Masiyiwa, a director of Netflix, acquired non-qualified stock options for 102 shares of Netflix common stock.
- The exercise price for these options is $614.31.
- The options are exercisable from April 1, 2024, and expire on April 1, 2034.
- Following the transaction, Masiyiwa directly owns 102 derivative securities.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating a neutral sentiment. It simply reports a transaction.
Industry Context
This filing is a routine disclosure related to insider transactions and provides transparency to the market regarding the holdings of Netflix's directors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding the holdings of Netflix's directors.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of earliest transaction: Acquisition of stock options. |
| 04/01/2024 | Options exercisable date. |
| 04/01/2034 | Options expiration date. |
| 04/02/2024 | Date of signature on the Form 4 filing. |
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