Netflix director granted options on 654 shares

Netflix Inc. director Jay C. Hoag received a new stock option award covering 654 shares of Netflix common stock.

Accepted by SEC EDGAR 04/02/2026 - 04:04 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Netflix Inc. director Jay C. Hoag received a new stock option award covering 654 shares of Netflix common stock. The non-qualified stock option was granted on April 1, 2026 at an exercise price of $95.55 per share and expires on April 1, 2036. This is a compensation-related grant classified as a grant/award acquisition rather than an open-market purchase or sale. After this transaction, Hoag’s reported derivative holdings from this award total 654 option rights.

Insights

Equity compensation analyst

Routine stock option grant to Netflix director with no open-market trading.

Director Jay C. Hoag received a non-qualified stock option for 654 shares of Netflix Inc. common stock. The option has an exercise price of $95.55 per share, was granted on April 1, 2026, and expires on April 1, 2036.

The transaction is coded as a grant or award acquisition, indicating standard equity compensation rather than a market trade. No shares were bought or sold in the open market, and this filing simply records the new option award for disclosure purposes.

Insider Trade Summary

Grant/Award: 654 shares

Grant/Award 1 txn

Insider Hoag Jay C

Role Director

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

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

Key Figures

Option grant size: 654 shares Exercise price: $95.55 per share Expiration date: April 1, 2036 +1 more

4 metrics

Option grant size 654 shares Non-qualified stock option covering Netflix common stock

Exercise price $95.55 per share Exercise price for the non-qualified stock option

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

Holdings after transaction 654 derivative securities Total option rights from this grant following the transaction

Key Terms

Non-Qualified Stock Option (right to buy), Form 4, grant/award acquisition

3 terms

Non-Qualified Stock Option (right to buy) financial

"Security title listed as "Non-Qualified Stock Option (right to buy)""

Form 4 regulatory

"Insider transaction reported on SEC Form 4 for Netflix Inc."

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

grant/award acquisition financial

"Transaction action described as "grant/award acquisition" for the option grant"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Netflix (NFLX) director Jay C. Hoag report in this Form 4?

Jay C. Hoag reported receiving a non-qualified stock option covering 654 shares of Netflix common stock. The option was granted as equity compensation, not through open-market trading, and is recorded as a grant or award acquisition under SEC Form 4 rules.

Is Jay C. Hoag buying or selling Netflix (NFLX) shares in this filing?

This filing does not show Jay C. Hoag buying or selling Netflix shares on the market. It reports a grant of stock options, a form of compensation that gives him the right to buy 654 shares later at a fixed exercise price.

What is the exercise price and term of Jay C. Hoag’s new Netflix (NFLX) options?

The non-qualified stock option gives Jay C. Hoag the right to buy 654 shares of Netflix common stock at an exercise price of $95.55 per share. The option was granted April 1, 2026 and expires April 1, 2036, providing a long exercise window.

How many Netflix (NFLX) derivative securities does Jay C. Hoag hold after this transaction?

Following this reported grant, Jay C. Hoag holds 654 derivative securities from this specific non-qualified stock option award. This reflects the full size of the new option grant as disclosed, with no additional derivative positions listed in this particular Form 4 summary.

Does this Netflix (NFLX) Form 4 indicate a change in ownership through a trading plan?

The transaction is classified as a grant/award acquisition of options and not as an open-market trade. The available disclosure does not reference a trading plan; it simply records the issuance of compensation-related options to director Jay C. Hoag.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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^*

Hoag Jay C

(Last) (First) (Middle)

250 MIDDLEFIELD ROAD

(Street)

MENLO PARK CALIFORNIA 94025

(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:

	/s/ Frederic D. Fenton Authorized Signatory for Jay C. Hoag	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)