Netflix Appoints Elinor Mertz as New Board Director with $1.2M Stake

Netflix has filed a Form 3 (Initial Statement of Beneficial Ownership) announcing the appointment of Elinor Mertz as a new Director to its Board.

Accepted by SEC EDGAR 06/25/2025 - 06:55 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Netflix has filed a Form 3 (Initial Statement of Beneficial Ownership) announcing the appointment of Elinor Mertz as a new Director to its Board. The filing, dated June 28, 2025, discloses Mertz's initial beneficial ownership of company securities following her appointment on June 22, 2025.

Key ownership details:

• Direct ownership of 2,450 shares of common stock
• No derivative securities (options, warrants, etc.) reported
• Position classified as Director with no additional executive roles or 10% ownership status

The filing was submitted through authorized signatory Veronique Bourdeau on June 25, 2025. This Form 3 represents standard regulatory compliance under Section 16(a) of the Securities Exchange Act, requiring initial disclosure of securities ownership by directors, officers, and significant shareholders.

Insider Trade Summary

Holdings reported, no transactions

Holdings

Insider Mertz Elinor

Role Director

Type	Security	Shares	Price	Value
Holding	Common Stock	--	--	--

Holdings: Common Stock — 2,450 shares (Direct)

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Who is the new director appointed to NFLX's board in June 2025?

Elinor Mertz was appointed as a new director to Netflix's board, as disclosed in a Form 3 filing dated June 28, 2025. The appointment was effective as of June 22, 2025.

How many NFLX shares does Elinor Mertz own upon joining the board?

According to the Form 3 filing, Elinor Mertz directly owns 2,450 shares of Netflix common stock. The ownership is listed as Direct (D) beneficial ownership.

Does the new NFLX director Elinor Mertz hold any stock options or derivative securities?

Based on Table II of the Form 3 filing, Elinor Mertz does not hold any derivative securities such as stock options, puts, calls, warrants, or convertible securities in Netflix at the time of the filing.

What is Elinor Mertz's role at NFLX according to the Form 3?

According to the Form 3 filing, Elinor Mertz serves as a Director of Netflix (NFLX). The filing indicates she is not an officer or 10% owner, but specifically marks her role as Director with an 'X' in the relationship section.

What is the business address for NFLX's new director Elinor Mertz?

The Form 3 filing lists Elinor Mertz's business address as 121 Albright Way, Los Gatos, CA 95032, which is Netflix's corporate headquarters location.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Mertz Elinor

(Last) (First) (Middle)

121 ALBRIGHT WAY

(Street)

LOS GATOS CA 95032

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
06/22/2025

3. Issuer Name and Ticker or Trading Symbol
NETFLIX INC [ NFLX ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	2,450	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney.

	By: Veronique Bourdeau, Authorized Signatory For: Elinor Mertz	06/25/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.