Director at Netflix (NFLX) receives 755 options at $82.76

Rhea-AI Filing Summary

Netflix director Jay C. Hoag reported a new stock option grant. On February 2, 2026, he received a non-qualified stock option for 755 shares of Netflix common stock with an exercise price of $82.76 per share.

The option became exercisable on February 2, 2026 and will expire on February 2, 2036. After this grant, Hoag beneficially owned 755 derivative securities directly in the form of this option award.

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

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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^*

Hoag Jay C

(Last) (First) (Middle)

250 MIDDLEFIELD ROAD

(Street)

MENLO PARK CA 94025

(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)
02/02/2026

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)	$82.76	02/02/2026		A		755		02/02/2026	02/02/2036	Common Stock	755	$0	755	D

Explanation of Responses:

	/s/ Frederic D. Fenton Authorized Signatory for Jay C. Hoag	02/03/2026
	** 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 Jay C. Hoag report at Netflix (NFLX)?

Jay C. Hoag reported receiving a non-qualified stock option for 755 Netflix common shares. The option was granted on February 2, 2026, reflecting an equity-based award rather than a share sale, and increases his derivative holdings linked to Netflix stock.

How many Netflix shares are covered by Jay C. Hoag’s new option grant?

The reported option grant covers 755 shares of Netflix common stock. This means Hoag has the right to purchase up to 755 shares under this non-qualified stock option, subject to its exercise price and expiration terms disclosed in the filing.

What is the exercise price of Jay C. Hoag’s Netflix stock options?

The exercise price of Jay C. Hoag’s non-qualified stock option is $82.76 per share. This is the fixed price at which he can buy Netflix common stock under the option, regardless of future market price movements during the option’s life.

When do Jay C. Hoag’s Netflix stock options become exercisable and when do they expire?

The option became exercisable on February 2, 2026, the same date it was granted. It is scheduled to expire on February 2, 2036, giving Hoag a ten-year window to decide if and when to exercise the option for Netflix shares.

How many Netflix derivative securities does Jay C. Hoag own after this transaction?

After this transaction, Jay C. Hoag beneficially owns 755 derivative securities, all represented by this non-qualified stock option. The filing shows these options are held directly, giving him a defined right to purchase Netflix common stock.

What is Jay C. Hoag’s relationship to Netflix (NFLX) in this filing?

In this filing, Jay C. Hoag is identified as a director of Netflix. The reported non-qualified stock option grant reflects director-level equity compensation, aligning his interests with shareholders through potential future ownership of Netflix common stock.