Netflix director granted 852 stock options

Netflix Inc. director Bradford L. Smith received a grant of 852 Non-Qualified Stock Options on August 3, 2026, each representing the right to buy one share of Common Stock at an exercise price of $73.33 per share.

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

Rhea-AI Filing Summary

Netflix Inc. director Bradford L. Smith received a grant of 852 Non-Qualified Stock Options on August 3, 2026, each representing the right to buy one share of Common Stock at an exercise price of $73.33 per share.

The options were awarded at no cost to him, expire on August 3, 2036, and leave him holding 852 such derivative securities after the award.

Insider Trade Summary

Grant/Award: 852 shares

Grant/Award 1 txn

Insider SMITH BRADFORD L

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 contracts (Direct)

Key Figures

Options granted: 852 Exercise price: $73.33 per share Grant price: $0.00 per option +3 more

6 metrics

Options granted 852 Non-Qualified Stock Options granted to director Bradford L. Smith on August 3, 2026

Exercise price $73.33 per share Exercise price of the Non-Qualified Stock Options

Grant price $0.00 per option Transaction price per option at the time of grant

Underlying shares 852 Number of Common Stock shares underlying the options

Expiration date 2036-08-03 Expiration date of the Non-Qualified Stock Options

Post-grant option holdings 852 Total derivative securities held directly after the grant

Key Terms

Non-Qualified Stock Option (right to buy), exercise price, expiration date, underlying security

4 terms

Non-Qualified Stock Option (right to buy) financial

"Security title is Non-Qualified Stock Option (right to buy) granted to the director"

exercise price financial

"The options carry an exercise price of $73.33 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

"The options have 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.

underlying security financial

"The underlying security title for the options is Common Stock"

FAQ

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

What insider transaction did Netflix (NFLX) report for Bradford L. Smith?

Bradford L. Smith, a director of Netflix (NFLX), received a grant of 852 Non-Qualified Stock Options. Each option allows him to buy one share of Common Stock at an exercise price of $73.33 per share, with no cash paid for the grant itself.

How many Netflix (NFLX) options were granted to Bradford L. Smith and at what price?

Bradford L. Smith was granted 852 Non-Qualified Stock Options, each with an exercise price of $73.33 per share. These options give him the right to purchase an equivalent number of Netflix Common Stock shares at that fixed price.

When do Bradford L. Smith’s newly granted Netflix (NFLX) options expire?

The 852 Non-Qualified Stock Options granted to Bradford L. Smith expire on August 3, 2036. Until that date, he may choose to exercise the options to buy Netflix Common Stock at the fixed $73.33 exercise price per share.

Did Bradford L. Smith pay anything for his new Netflix (NFLX) stock options?

No, the reported grant shows a transaction price of $0.00 per option. This indicates the options were awarded as compensation, giving him the right to buy shares later at $73.33 per share rather than requiring payment at grant.

What is Bradford L. Smith’s reported option holding in Netflix (NFLX) after this grant?

After the grant, Bradford L. Smith is reported as directly holding 852 Non-Qualified Stock Options. Each option corresponds to one underlying share of Netflix Common Stock that can be purchased at the $73.33 exercise price before expiration.

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

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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^*

SMITH BRADFORD L

(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: Bradford L. Smith	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)