Form 4: Netflix Director Timothy Haley Acquires Additional Stock Options
SEC Form 4 Filing
Director Timothy Haley acquired 93 non-qualified stock options in Netflix on September 3, 2024, at an exercise price of $675.32.
Summary
- On September 3, 2024, Timothy M. Haley, a director of Netflix, acquired 93 non-qualified stock options.
- The exercise price for these options is $675.32.
- The options become exercisable immediately on September 3, 2024, and expire on September 3, 2034.
- Following this transaction, Haley directly owns 93 derivative securities.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, indicating a standard transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to the market regarding the actions of company directors. It's a common practice for directors to receive and exercise stock options as part of their compensation.
Key Dates
| Date | Description |
|---|---|
| 09/03/2024 | Date of earliest transaction: Acquisition of 93 non-qualified stock options at $675.32. |
| 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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