Netflix director granted 679 stock options
NETFLIX INC director Bradford L. Smith received a grant of 679 non-qualified stock options on May 1, 2026.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
NETFLIX INC director Bradford L. Smith received a grant of 679 non-qualified stock options on May 1, 2026. These options give him the right to buy 679 shares of Netflix common stock at an exercise price of $92.06 per share until May 1, 2036. The grant was recorded at no cash cost per option on the transaction date, and following this grant he holds 679 options directly.
Insider Trade Summary
Grant/Award: 679 shares
Grant/Award
1 txn
Insider
SMITH BRADFORD L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non-Qualified Stock Option (right to buy) | 679 | $0.00 | $0.00 |
Holdings After Transaction:
Non-Qualified Stock Option (right to buy) — 679 contracts (Direct)
Key Figures
Option grant size: 679 options
Exercise price: $92.06 per share
Underlying shares: 679 shares
+3 more
6 metrics
Option grant size
679 options
Non-qualified stock options granted May 1, 2026
Exercise price
$92.06 per share
Exercise price for granted options
Underlying shares
679 shares
Common stock underlying the options
Total options after grant
679 options
Total derivative holdings following transaction
Option expiration date
May 1, 2036
Expiration of non-qualified stock options
Grant price per option
$0.00
Cash paid per option at grant
Key Terms
Non-Qualified Stock Option, grant/award acquisition, Common Stock, exercise price, +1 more
5 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"
Common Stock financial
"underlying_security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
exercise price financial
"conversion_or_exercise_price: 92.0600"
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.
expiration date financial
"expiration_date: 2036-05-01T00:00:00.000Z"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Netflix (NFLX) director Bradford L. Smith report in this Form 4?
Bradford L. Smith reported receiving a grant of 679 non-qualified stock options. The options give him the right to buy Netflix common stock at a fixed exercise price, reflecting equity-based compensation rather than an open-market stock purchase or sale.
How many Netflix (NFLX) stock options were granted to Bradford L. Smith?
Bradford L. Smith was granted 679 non-qualified stock options. Each option relates to one share of Netflix common stock, so the grant covers 679 underlying shares, and his total derivative holdings after the grant are 679 options held directly.
What is the exercise price of Bradford L. Smith’s new Netflix (NFLX) stock options?
The granted options have an exercise price of $92.06 per share. This means Smith can purchase Netflix common stock at $92.06 for each option he exercises, regardless of the market price at the time of exercise, subject to the option terms.
When do Bradford L. Smith’s Netflix (NFLX) stock options expire?
Bradford L. Smith’s non-qualified stock options expire on May 1, 2036. He may choose to exercise these options any time in accordance with the plan and grant terms before that expiration date; after that, any unexercised options will lapse.
AI-generated analysis. How Rhea-AI works. Not financial advice.
