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Netflix (NFLX) director Anne Sweeney granted option on 728 shares

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

Rhea-AI Filing Summary

Netflix director Anne M. Sweeney received a new stock option grant linked to the company’s common shares. She was awarded a non-qualified stock option covering 728 shares of Netflix common stock at an exercise price of $85.85 per share. The option was granted on June 1, 2026 and is scheduled to expire on June 1, 2036. Following this grant, she holds 728 derivative shares tied to this option.

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Insider Sweeney Anne M
Role null
Type Security Shares Price Value
Grant/Award Non-Qualified Stock Option (right to buy) 728 $0.00 --
Holdings After Transaction: Non-Qualified Stock Option (right to buy) — 728 shares (Direct, null)
Footnotes (1)
Option shares granted 728 shares Non-qualified stock option covering Netflix common stock
Exercise price $85.85 per share Conversion or exercise price for the option
Derivative shares after grant 728 shares Total derivative shares following the transaction
Grant date June 1, 2026 Option grant and exercise date
Expiration date June 1, 2036 Option expiration
Non-Qualified Stock Option financial
"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
"conversion_or_exercise_price: "85.8500""
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.
derivative financial
"transaction_type: "derivative""
A derivative is a financial contract whose value depends on the price or performance of another asset or measure — for example a stock, index, interest rate, commodity, or currency. Investors use derivatives like insurance or leveraged bets to hedge risk, speculate, or gain exposure without owning the underlying asset; they can protect portfolios but also amplify losses and introduce counterparty and market risk.
underlying security financial
"underlying_security_title: "Common Stock""
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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*
Sweeney Anne M

(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)
06/01/2026
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)$85.8506/01/2026A72806/01/202606/01/2036Common Stock728$0728D
Explanation of Responses:
Remarks:
By: Veronique Bourdeau, Authorized Signatory For: Anne M. Sweeney06/02/2026
** 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)

FAQ

What insider transaction did Netflix (NFLX) director Anne Sweeney report?

Anne M. Sweeney reported receiving a non-qualified stock option for 728 Netflix shares. The option was granted at an $85.85 exercise price and expires June 1, 2036, reflecting compensation rather than an open-market trade.

How many Netflix (NFLX) shares are covered by Anne Sweeney’s new option?

The new option grant covers 728 shares of Netflix common stock. These are derivative rights to buy shares at a fixed $85.85 exercise price, rather than currently owned common shares acquired in the market.

What is the exercise price of Anne Sweeney’s Netflix (NFLX) stock option?

The exercise price of Anne Sweeney’s non-qualified Netflix stock option is $85.85 per share. This is the fixed price she would pay per share to convert the option into Netflix common stock in the future.

When does Anne Sweeney’s Netflix (NFLX) stock option expire?

Anne Sweeney’s Netflix non-qualified stock option expires on June 1, 2036. After that date, the option can no longer be exercised to acquire Netflix common shares at the stated $85.85 exercise price.

Is Anne Sweeney’s reported Netflix (NFLX) transaction a market buy or sell?

The reported transaction is not a market buy or sell; it is a grant of a non-qualified stock option. She acquired the right to buy 728 Netflix shares at $85.85 per share as part of her compensation as a director.