Netflix (NFLX) director receives 852 options at $73.33 exercise price
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
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 shares (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The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised.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"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
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.