Form 4: Netflix Director Timothy Haley Reports Stock Option Acquisition
SEC Form 4 Filing
Director Timothy M. Haley acquired 93 non-qualified stock options in Netflix on July 1, 2024, at an exercise price of $673.61.
Summary
- On July 1, 2024, Timothy M. Haley, a director of Netflix, acquired 93 non-qualified stock options.
- The exercise price for these options is $673.61.
- The options are exercisable from July 1, 2024, and expire on July 1, 2034.
- Following the transaction, Haley directly owns 93 derivative securities.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The acquisition of stock options by a director can signal confidence in the company's future performance to shareholders.
Key Dates
| Date | Description |
|---|---|
| 07/01/2024 | Date of earliest transaction: Acquisition of 93 non-qualified stock options. |
| 07/01/2024 | Date the options become exercisable. |
| 07/01/2034 | Expiration date of the options. |
| 07/02/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.