Netflix (NFLX) director awarded 654 stock options at $95.55

Rhea-AI Filing Summary

NETFLIX INC director Mathias Dopfner received a new stock option grant. On April 1, 2026, he was awarded 654 non-qualified stock options to acquire Netflix common stock at a strike price of $95.55 per share, expiring on April 1, 2036. Following this grant, his reported derivative holdings from this award total 654 options, reflecting routine equity-based compensation rather than an open-market share purchase or sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Dopfner Mathias

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 Strike price: $95.55 per share Expiration date: April 1, 2036 +1 more

4 metrics

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

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

Expiration date April 1, 2036 Option term for the 654 granted options

Total derivative holdings after grant 654 options Total shares following transaction for this award

Key Terms

Non-Qualified Stock Option, grant/award acquisition, underlying security, transaction code A

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""

transaction code A financial

"transaction_code_description: "Grant, award, or other acquisition""

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^*

Dopfner Mathias

(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: Mathias Dopfner	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 did Netflix (NFLX) director Mathias Dopfner report in this Form 4?

Mathias Dopfner reported receiving a grant of 654 non-qualified stock options. These options allow him to buy Netflix common shares at a fixed $95.55 strike price before April 1, 2036, as part of routine equity compensation.

How many Netflix (NFLX) stock options were granted to Mathias Dopfner?

He received 654 stock options in this transaction. Each option represents the right to purchase one share of Netflix common stock at the specified $95.55 exercise price, giving him potential future ownership if he chooses to exercise.

What is the exercise price and expiration date of Dopfner’s NFLX options?

The options have a conversion or exercise price of $95.55 per share and expire on April 1, 2036. This gives the director a long-dated right to acquire Netflix common stock at that fixed price if conditions for exercise are met.

Did Mathias Dopfner buy or sell Netflix (NFLX) shares on the market?

No open-market buy or sell is reported here. The filing shows a grant or award acquisition of non-qualified stock options, classified under transaction code A, which reflects compensation rather than a market trade in existing Netflix shares.

How many derivative securities does Dopfner hold after this NFLX option grant?

Following the reported grant, Dopfner holds 654 derivative securities from this award. These are non-qualified stock options tied to Netflix common stock, as indicated by the total shares following transaction field in the Form 4 data.