Form 4: Netflix Director Strive Masiyiwa Acquires Stock Options
SEC Form 4 Filing
Director Strive Masiyiwa reports acquisition of Netflix stock options in a recent SEC filing.
Summary
- Strive Masiyiwa, a director of Netflix, acquired 93 non-qualified stock options on July 1, 2024, at an exercise price of $673.61.
- The options are exercisable from July 1, 2024, and expire on July 1, 2034.
- Following the transaction, Masiyiwa directly owns 93 derivative securities.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a transaction, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies like Netflix. It provides transparency into the actions of company directors.
Key Dates
| Date | Description |
|---|---|
| 07/01/2024 | Date of transaction and exercisable date for the stock options. |
| 07/01/2034 | Expiration date for the stock options. |
| 07/02/2024 | Date of signature for the report. |
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