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Netflix (NASDAQ: NFLX) director awarded 644 non-qualified stock options

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Netflix director Bradford L Smith reported receiving a grant of 644 non-qualified stock options on March 2, 2026. These options were acquired as a grant or award and are held directly, bringing his total reported derivative holdings in this award to 644 options following the transaction.

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Insider SMITH BRADFORD L
Role Director
Type Security Shares Price Value
Grant/Award Non-Qualified Stock Option (right to buy) 644 $0.00 --
Holdings After Transaction: Non-Qualified Stock Option (right to buy) — 644 shares (Direct)
Footnotes (1)
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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*
SMITH BRADFORD L
(Last) (First) (Middle)
121 ALBRIGHT WAY
(Street)
LOS GATOS CA 95032
(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)
03/02/2026
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) $97.09 03/02/2026 A 644 03/02/2026 03/02/2036 Common Stock 644 $0 644 D
Explanation of Responses:
Remarks:
By: Veronique Bourdeau, Authorized Signatory For: Bradford L. Smith 03/03/2026
** 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.

Source: View Original Filing on SEC EDGAR

FAQ

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

Bradford L Smith reported receiving a grant of 644 non-qualified stock options linked to Netflix shares. The award was recorded on March 2, 2026, and represents a derivative acquisition rather than an open-market stock purchase or sale in Netflix common shares.

Was Bradford L Smith’s March 2, 2026 Netflix Form 4 a buy or a sale?

The March 2, 2026 Form 4 reflects an acquisition through a grant or award, not a market purchase or sale. It records 644 non-qualified stock options being awarded to Bradford L Smith as derivative securities, categorized as a grant rather than a traditional stock trade.

Does Bradford L Smith hold the reported Netflix options directly or indirectly?

The Form 4 indicates that Bradford L Smith holds the 644 non-qualified stock options directly. The ownership code is marked as direct, and no separate entity, trust, or family vehicle is referenced for this award in the ownership description within the filing details.

What transaction code is used for Bradford L Smith’s Netflix option grant?

The transaction is labeled with code “A,” which in this context signifies a grant, award, or other acquisition. This code confirms the 644 non-qualified stock options were received as compensation or award, rather than purchased on the open market or disposed of by the director.