Director at Netflix (NASDAQ: NFLX) receives 842 stock options

Rhea-AI Filing Summary

NETFLIX INC director Bradford L. Smith received a grant of 842 non-qualified stock options to acquire common stock. The options have an exercise price of $74.19 per share and were granted on July 1, 2026. They are scheduled to expire on July 1, 2036 if not exercised. Following this grant, Smith holds 842 derivative securities relating to Netflix common stock directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider SMITH BRADFORD L

Role null

Type	Security	Shares	Price	Value
Grant/Award	Non-Qualified Stock Option (right to buy)	842	$0.00	--

Holdings After Transaction: Non-Qualified Stock Option (right to buy) — 842 shares (Direct, null)

Footnotes (1)

Key Figures

Options granted: 842 options Exercise price: $74.19 per share Expiration date: July 1, 2036 +2 more

5 metrics

Options granted 842 options Non-qualified stock options granted July 1, 2026

Exercise price $74.19 per share Conversion or exercise price of options

Expiration date July 1, 2036 Option expiration date

Shares underlying options 842 shares Underlying Netflix common stock

Holdings after transaction 842 derivative securities Total options held following grant

Key Terms

Non-Qualified Stock Option (right to buy), grant/award acquisition, underlying security

3 terms

Non-Qualified Stock Option (right to buy) financial

"security_title: Non-Qualified Stock Option (right to buy)"

grant/award acquisition financial

"transaction_action: grant/award acquisition of derivative security"

underlying security financial

"underlying_security_title: Common Stock as underlying security"

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/02/2026 - 04:55 PM Accepted by SEC EDGAR 07/02/2026 - 04:54 PM Learn about SEC filing dates

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)
07/01/2026

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)
			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)	$74.19	07/01/2026		A		842		07/01/2026	07/01/2036	Common Stock	842	$0	842	D

Explanation of Responses:

Remarks:

	By: Veronique Bourdeau, Authorized Signatory For: Bradford L. Smith	07/02/2026
	** 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)

FAQ

What did Bradford L. Smith report in this Netflix (NFLX) Form 4 filing?

Bradford L. Smith reported receiving a grant of 842 non-qualified stock options for Netflix common stock. The options were awarded on July 1, 2026 and represent a compensation-related acquisition rather than an open-market purchase or sale of shares.

What is the exercise price of the options granted to the Netflix (NFLX) director?

The non-qualified stock options have an exercise price of $74.19 per share. This means Smith can buy Netflix common stock at $74.19 under the option terms, regardless of the market price, any time before the option expiration date in 2036.

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

The reported non-qualified stock options are scheduled to expire on July 1, 2036. If they are not exercised by that date, the right to buy the underlying Netflix common stock at $74.19 per share will lapse and become worthless after expiration.

How many Netflix (NFLX) derivative securities does Bradford L. Smith hold after this transaction?

After this reported grant, Bradford L. Smith holds 842 derivative securities related to Netflix common stock. These holdings correspond to the non-qualified stock options received in the transaction and are reported as direct ownership in the Form 4 filing.

Was this Netflix (NFLX) Form 4 a buy or sell transaction in the market?

This Form 4 reflects a grant/award acquisition of stock options, not a market trade. The transaction is coded as an acquisition of derivative securities, with no open-market buy or sell of Netflix common stock reported in this filing.