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Netflix (NFLX) director Strive Masiyiwa receives stock option grant on 643 shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

NETFLIX INC director Strive Masiyiwa received a new stock option grant. On March 2, 2026, he acquired a non-qualified stock option giving the right to buy 643 shares of Netflix stock. This was reported as a grant, award, or other acquisition and represents his directly owned derivative position after the transaction.

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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*
Masiyiwa Strive

(Last) (First) (Middle)
121 ALBRIGHT WAY

(Street)
LOS GATOS CA 95032

(City) (State) (Zip)
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)
3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026
4. 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 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) $97.09 03/02/2026 A 643 03/02/2026 03/02/2036 Common Stock 643 $0 643 D
Explanation of Responses:
Remarks:
By: Veronique Bourdeau, Authorized Signatory For: Strive Masiyiwa 03/03/2026
** 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.

FAQ

What insider transaction did Netflix (NFLX) director Strive Masiyiwa report?

Strive Masiyiwa reported receiving a non-qualified stock option grant. The award covers 643 underlying Netflix shares and was classified as a grant, award, or other acquisition, increasing his directly owned derivative holdings in the company.

When did the reported Netflix (NFLX) stock option grant to Strive Masiyiwa occur?

The stock option grant to Strive Masiyiwa occurred on March 2, 2026. The Form 4 filing records this date as the transaction date for the non-qualified stock option award covering 643 underlying Netflix shares held directly.

How many Netflix (NFLX) shares are covered by Strive Masiyiwa’s new option grant?

The new non-qualified stock option grant covers 643 underlying Netflix shares. After this grant, the total derivative securities reported as held directly by Strive Masiyiwa in this award amount to 643 units linked to Netflix common stock.

What type of security was granted to Netflix (NFLX) director Strive Masiyiwa?

Strive Masiyiwa received a non-qualified stock option, a derivative security giving the right to buy Netflix shares. The reported grant covers 643 shares and is categorized as a grant, award, or other acquisition in the insider transaction report.

Is Strive Masiyiwa’s reported Netflix (NFLX) transaction a purchase or an award?

The transaction is reported as an award, not an open-market purchase. It is coded as a grant, award, or other acquisition of a non-qualified stock option covering 643 Netflix shares held directly by Strive Masiyiwa.
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