Form 4: Netflix Director Timothy Haley Acquires 71 Stock Options
SEC Form 4 Filing
Director Timothy M. Haley acquired 71 non-qualified stock options in Netflix on January 2, 2025, at an exercise price of $886.73.
Summary
- This is a Form 4 filing indicating a change in beneficial ownership for Timothy M. Haley, a director of Netflix Inc.
- On January 2, 2025, Haley acquired 71 non-qualified stock options, each representing the right to buy one share of Netflix common stock.
- The exercise price for these options is $886.73 per share.
- The options became exercisable immediately on January 2, 2025, and expire on January 2, 2035.
- Following this transaction, Haley directly owns 71 derivative securities.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock option grants, indicating a neutral sentiment.
Industry Context
This filing reflects routine transactions by company insiders and is a normal part of corporate governance and executive compensation.
Stakeholder Impact
- The acquisition of stock options by a director can be seen as a positive sign, aligning the director's interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 01/02/2025 | Date of earliest transaction: acquisition of stock options. |
| 01/02/2025 | Options become exercisable. |
| 01/02/2035 | Expiration date of the options. |
| 01/03/2025 | Date of signature on the Form 4 filing. |
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