Netflix Inc (NFLX) awards director Elinor Mertz 852 stock options

Rhea-AI Filing Summary

Netflix Inc director Elinor Mertz reported receiving a grant of 852 Non-Qualified Stock Options on 2026-08-03. Each option permits the purchase of one share of Netflix common stock at an exercise price of $73.33 per share and expires on 2036-08-03. Following this award, she directly holds derivative options covering 852 shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Mertz Elinor

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Non-Qualified Stock Option (right to buy)	852	$0.00	$0.00

Holdings After Transaction: Non-Qualified Stock Option (right to buy) — 852 shares (Direct)

Key Figures

Options granted: 852 options Exercise price: $73.33 per share Expiration date: 2036-08-03 +1 more

4 metrics

Options granted 852 options Non-Qualified Stock Option grant on 2026-08-03

Exercise price $73.33 per share Conversion or exercise price for the option grant

Expiration date 2036-08-03 Expiration date of the Non-Qualified Stock Option grant

Options held after transaction 852 options Total derivative shares following the reported transaction

Key Terms

Non-Qualified Stock Option, exercise price, expiration date

3 terms

Non-Qualified Stock Option financial

"Security reported as Non-Qualified Stock Option (right to buy)"

A non-qualified stock option (NSO) is a contract that lets an employee or service provider buy company shares at a fixed price for a set period, like a voucher to purchase stock later at today’s price. It matters to investors because exercising NSOs creates ordinary income for the holder and can increase share count, affecting a company’s earnings and ownership mix; think of it as a future sale that can dilute existing shareholders and has immediate tax consequences for the recipient.

exercise price financial

"with a conversion or exercise price of $73.3300 per share"

The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.

expiration date financial

"These options carry an expiration date of 2036-08-03"

The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/04/2026 - 05:08 PM Accepted by SEC EDGAR 08/04/2026 - 05:07 PM Learn about SEC filing dates

FAQ

What insider transaction did NFLX director Elinor Mertz report?

Elinor Mertz, a director of Netflix Inc (NFLX), reported a grant of 852 Non-Qualified Stock Options on 2026-08-03. These options relate to Netflix common stock and were reported as a derivative acquisition rather than an open-market purchase or sale.

How many Netflix (NFLX) stock options were granted and at what exercise price?

The filing shows a grant of 852 stock options to Elinor Mertz, each with an exercise price of $73.33 per share. Every option is linked to one share of Netflix common stock under this compensation-related award.

When do Elinor Mertz's Netflix (NFLX) stock options expire?

The reported stock options granted to Elinor Mertz carry an expiration date of 2036-08-03. This means she may choose to exercise the options to acquire Netflix common shares at $73.33 per share any time up to that expiration date, subject to applicable terms.

Is the reported NFLX Form 4 transaction a stock purchase or a grant?

The transaction is reported with code A, described as a grant, award, or other acquisition of derivative securities. It reflects a compensation-related options grant, not an open-market purchase or sale of Netflix common stock by Elinor Mertz.

How many Netflix (NFLX) derivative securities does Elinor Mertz hold after this grant?

After the reported grant, Elinor Mertz directly holds derivative options covering 852 shares of Netflix common stock. The total_shares_following_transaction field for this Non-Qualified Stock Option position is listed as 852.0000 in the Form 4 data.

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Mertz Elinor

(Last) (First) (Middle)

121 ALBRIGHT WAY

(Street)

LOS GATOS CALIFORNIA 95032

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/03/2026

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

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

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

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Non-Qualified Stock Option (right to buy)	$73.33	08/03/2026		A		852		08/03/2026	08/03/2036	Common Stock	852	$0	852	D

Explanation of Responses:

Remarks:

	By: Veronique Bourdeau, Authorized Signatory For: Elinor Mertz	08/04/2026
	** 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 4 (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.
* Form 4: SEC 1474 (03-26)