Richard N Barton, Director at Netflix (NASDAQ:NFLX), reported a large exercise of company stock options on October 10, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Tuesday showed that Barton, Director at Netflix, a company in the Communication Services sector, just exercised stock options worth 500 shares of NFLX stock with an exercise price of $67.59.
Netflix shares are trading up 0.73% at $376.04 at the time of this writing on Wednesday morning. Since the current price is $376.04, this makes Barton's 500 shares worth $188,019.
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