Director at Netflix (NASDAQ: NFLX) receives 654 stock options grant

Rhea-AI Filing Summary

Netflix Inc director Richard N. Barton received a new stock option grant reported on a Form 4. He was granted 654 non-qualified stock options on Common Stock, each with a right to buy one share at an exercise price of $95.55 per share. These options were awarded on April 1, 2026 and are scheduled to expire on April 1, 2036. Following this grant, he holds 654 such options directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider BARTON RICHARD N

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Non-Qualified Stock Option (right to buy)	654	$0.00	--

Holdings After Transaction: Non-Qualified Stock Option (right to buy) — 654 shares (Direct)

Footnotes (1)

Key Figures

Options granted: 654 options Exercise price: $95.55 per share Underlying shares: 654 shares +2 more

5 metrics

Options granted 654 options Non-qualified stock options granted on April 1, 2026

Exercise price $95.55 per share Strike price for the 654 options

Underlying shares 654 shares Common Stock underlying the non-qualified options

Expiration date April 1, 2036 Option expiration for the new grant

Options held after grant 654 options Total non-qualified options following the reported transaction

Key Terms

Non-Qualified Stock Option, grant/award acquisition, underlying security, exercise price

4 terms

Non-Qualified Stock Option financial

"security_title": "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.

grant/award acquisition financial

"transaction_action": "grant/award acquisition""

underlying security financial

"underlying_security_title": "Common Stock""

exercise price financial

"conversion_or_exercise_price": "95.5500""

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.

Form 4 Insider Transactions: What Each Field Means →

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^*

BARTON RICHARD N

(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)
04/01/2026

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)	$95.55	04/01/2026		A		654		04/01/2026	04/01/2036	Common Stock	654	$0	654	D

Explanation of Responses:

Remarks:

	By: Veronique Bourdeau, Authorized Signatory For: Richard N. Barton	04/02/2026
	** 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 insider transaction did Netflix (NFLX) report for Richard N. Barton?

Netflix reported that director Richard N. Barton received a grant of 654 non-qualified stock options. Each option relates to one share of Netflix Common Stock and was awarded at a fixed exercise price, giving him the right to buy shares in the future.

How many Netflix (NFLX) stock options did Richard N. Barton receive?

Richard N. Barton received 654 non-qualified stock options. Each option corresponds to one share of Netflix Common Stock, so the grant covers 654 underlying shares in total, according to the Form 4 filed for this award.

What is the exercise price of Richard N. Barton’s new Netflix (NFLX) options?

The exercise price of Richard N. Barton’s new options is $95.55 per share. This means he can purchase Netflix Common Stock at $95.55 for each of the 654 underlying shares if he chooses to exercise the options.

When do Richard N. Barton’s newly granted Netflix (NFLX) options expire?

Richard N. Barton’s newly granted non-qualified stock options are scheduled to expire on April 1, 2036. Until that expiration date, he can exercise the options to buy Netflix Common Stock at the fixed $95.55 exercise price disclosed.

Is Richard N. Barton’s Netflix (NFLX) Form 4 transaction a market purchase or sale?

The Form 4 shows a grant of 654 non-qualified stock options, not an open-market purchase or sale. The transaction is coded as a grant or award acquisition, meaning the options were awarded rather than bought or sold in the market.