Netflix director gets 774 options at $80.81

Q: What is the exercise price of the new options granted to the NFLX director?

The options granted to the Netflix director have an exercise price of $80.81 per share. Each option allows the purchase of one share of Netflix common stock at this price, subject to the terms of the award and its expiration date.

Q: When do the newly granted NFLX options to Mathias Dopfner expire?

The non-qualified stock options granted to Mathias Dopfner expire on September 1, 2036. After this expiration date, any unexercised options from this grant will no longer be exercisable.

Q: How many shares of NFLX common stock underlie the options granted to the director?

The option grant to the Netflix director relates to 774 underlying shares of Netflix common stock. Each option corresponds to one share, giving rights over the same number of shares as the number of options granted.

Q: Were the NFLX options granted to the director made under a Rule 10b5-1 plan?

No. The filing indicates that no Rule 10b5-1 trading plan is reported for this transaction. The grant is reported as a direct award of non-qualified stock options to the director.

A Netflix director received 774 non-qualified stock options at a $80.81 exercise price, expiring in 2036.

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Form Type

Rhea-AI Filing Summary

NETFLIX INC (NFLX) reported that director Mathias Dopfner received a grant of 774 non-qualified stock options on September 1, 2026. The options carry an exercise price of $80.81 per share, relate to 774 shares of common stock, and expire on September 1, 2036. These options were awarded at no cost to the director and represent his entire directly held option position reported in this filing. No Rule 10b5-1 trading plan is reported in connection with this award.

Insider Trade Summary

Grant/Award: 774 shares

Grant/Award 1 txn

Insider Dopfner Mathias

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)

Key Figures

Options granted: 774 options Exercise price: $80.81 per share Expiration date: September 1, 2036 +2 more

5 metrics

Options granted 774 options Non-qualified stock options granted to director on September 1, 2026

Exercise price $80.81 per share Exercise price for the 774 non-qualified stock options

Expiration date September 1, 2036 Expiration of the granted non-qualified stock options

Options held after transaction 774 options Director’s directly held options position following the reported grant

Grant price paid $0.00 Cost to the director to receive the 774 non-qualified stock options

Key Terms

Non-Qualified Stock Option, exercise price, expiration date

3 terms

Non-Qualified Stock Option financial

"The director received a grant of non-qualified stock options as equity compensation."

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

"The options carry an exercise price per share at which common stock can be purchased."

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

"The options remain exercisable only until their stated expiration date."

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.

FAQ

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

What insider transaction did NFLX disclose for director Mathias Dopfner?

NETFLIX INC disclosed that director Mathias Dopfner received a grant of 774 non-qualified stock options on September 1, 2026, representing a compensation-related acquisition of derivative securities tied to Netflix common stock.

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

The options granted to the Netflix director have an exercise price of $80.81 per share. Each option allows the purchase of one share of Netflix common stock at this price, subject to the terms of the award and its expiration date.

When do the newly granted NFLX options to Mathias Dopfner expire?

The non-qualified stock options granted to Mathias Dopfner expire on September 1, 2036. After this expiration date, any unexercised options from this grant will no longer be exercisable.

How many shares of NFLX common stock underlie the options granted to the director?

The option grant to the Netflix director relates to 774 underlying shares of Netflix common stock. Each option corresponds to one share, giving rights over the same number of shares as the number of options granted.

Were the NFLX options granted to the director made under a Rule 10b5-1 plan?

No. The filing indicates that no Rule 10b5-1 trading plan is reported for this transaction. The grant is reported as a direct award of non-qualified stock options to the director.

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

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Available on EDGAR 09/02/2026 - 04:13 PM EDT Accepted by SEC EDGAR 09/02/2026 - 04:12 PM EDT

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^*

Dopfner Mathias

(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)
09/01/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Non-Qualified Stock Option (right to buy)	$80.81	09/01/2026		A		774		09/01/2026	09/01/2036	Common Stock	774	$0	774	D

Explanation of Responses:

Remarks:

	By: Veronique Bourdeau, Authorized Signatory For: Mathias Dopfner	09/02/2026
	** 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)

Source: View Original Filing on SEC EDGAR