STOCK TITAN

Netflix grants director 774 options at $80.81

Netflix director Strive Masiyiwa was granted non-qualified stock options, increasing his derivative exposure to NFLX shares.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

NETFLIX INC (NFLX) director Strive Masiyiwa received a grant of 774 non-qualified stock options on September 1, 2026. The options have an exercise price of $80.81 per share and expire on September 1, 2036. Following this grant, he holds 774 options directly, and no Rule 10b5-1 trading plan is reported.

Positive

  • None.

Negative

  • None.
Insider Masiyiwa Strive
Role Director
Type Security Shares Price Value
Grant/Award Non-Qualified Stock Option (right to buy) 774 $0.00 $0.00
Holdings After Transaction: Non-Qualified Stock Option (right to buy) — 774 contracts (Direct)
Options granted 774 options Non-qualified stock options granted to director Strive Masiyiwa on September 1, 2026
Exercise price $80.81 per share Conversion or exercise price of the 774 non-qualified stock options
Options held after transaction 774 options Total derivative position reported following the grant
Grant date September 1, 2026 Transaction date of the option award
Expiration date September 1, 2036 Expiration of the non-qualified stock options granted
Non-Qualified Stock Option (right to buy) financial
"Security title is reported as Non-Qualified Stock Option (right to buy)"
conversion or exercise price financial
"Filing lists a conversion or exercise price for the options"
Rule 10b5-1 regulatory
"Document-level Rule 10b5-1 checkbox is reported as false"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

FAQ

What insider transaction did NFLX director Strive Masiyiwa report on this Form 4?

He reported a grant of 774 non-qualified stock options for Netflix common stock on September 1, 2026. This is an acquisition of derivative securities awarded at no cost, giving him the right to buy Netflix shares at a fixed exercise price in the future.

What is the exercise price of the stock options granted to the NFLX director?

The options granted to Strive Masiyiwa carry a conversion or exercise price of $80.81 per share. This means he may purchase Netflix common stock at $80.81 per share upon exercising the 774 options, subject to applicable terms and any vesting conditions described elsewhere.

When do the newly granted NFLX stock options to Strive Masiyiwa expire?

The non-qualified stock options granted to Strive Masiyiwa on September 1, 2026 expire on September 1, 2036. After that expiration date, any unexercised options from this grant would no longer be exercisable for Netflix common stock.

How many Netflix options does Strive Masiyiwa hold after this reported transaction?

Following this award, the Form 4 reports that Strive Masiyiwa holds 774 non-qualified stock options directly. This total corresponds to the full amount granted in the September 1, 2026 transaction described, with no additional derivative positions listed in this filing.

Was the NFLX director’s option grant made under a Rule 10b5-1 trading plan?

The filing indicates no Rule 10b5-1 plan is affirmed; the document-level Rule 10b5-1 checkbox is marked false. The transaction is therefore reported as a straightforward grant or award, not as part of a pre-arranged trading plan under Rule 10b5-1.

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
Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Masiyiwa Strive

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Non-Qualified Stock Option (right to buy)$80.8109/01/2026A77409/01/202609/01/2036Common Stock774$0774D
Explanation of Responses:
Remarks:
By: Veronique Bourdeau, Authorized Signatory For: Strive Masiyiwa09/02/2026
** Signature of Reporting PersonDate
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)