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Netflix (NFLX) director Ann Mather awarded 654 non-qualified stock options

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

Rhea-AI Filing Summary

NETFLIX INC director Ann Mather received a new stock option grant for 654 options on company common stock. The non-qualified stock options were awarded as a grant or other acquisition at no purchase cost and carry an exercise price of $95.55 per share.

The options become exercisable starting on April 1, 2026 and are scheduled to expire on April 1, 2036. Following this grant, Mather holds stock options covering 654 underlying shares directly, as reflected in this filing.

Positive

  • None.

Negative

  • None.
Insider MATHER ANN
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)
Option grant size 654 options Non-qualified stock options granted to Ann Mather
Exercise price $95.55 per share Conversion or exercise price of granted options
Options after transaction 654 options Total derivative securities following transaction
Transaction date April 1, 2026 Grant and exercise date of the options
Expiration date April 1, 2036 Scheduled expiration of the non-qualified stock options
Transaction price paid $0.00 Price per option at grant, compensation award
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""
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.
expiration date financial
""expiration_date": "2036-04-01T00:00:00.000Z""
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.
SEC Form 4
FORM 4UNITED 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*
MATHER ANN

(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)
XDirector10% 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)
XForm 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)
CodeVAmount(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Non-Qualified Stock Option (right to buy)$95.5504/01/2026A65404/01/202604/01/2036Common Stock654$0654D
Explanation of Responses:
Remarks:
By: Veronique Bourdeau, Authorized Signatory For: Ann Mather04/02/2026
** Signature of Reporting PersonDate
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 Ann Mather report in this Netflix (NFLX) Form 4 filing?

Ann Mather reported receiving a grant of 654 non-qualified stock options for Netflix common stock. These options were awarded as compensation, not bought in the market, and give her the right to purchase shares at a fixed exercise price in the future.

How many Netflix (NFLX) stock options were granted to Ann Mather?

Ann Mather was granted 654 non-qualified stock options tied to Netflix common stock. Each option represents the right to buy one share, giving her potential future ownership of 654 shares if she chooses to exercise the options.

What is the exercise price of Ann Mather’s new Netflix (NFLX) options?

The new non-qualified stock options granted to Ann Mather have an exercise price of $95.55 per share. This means she can later purchase Netflix common stock at $95.55 for each of the 654 options, regardless of the market price then.

When do Ann Mather’s new Netflix (NFLX) options expire?

Ann Mather’s newly granted non-qualified stock options are scheduled to expire on April 1, 2036. If she does not exercise the 654 options by that date, her right to purchase Netflix common stock at the set price will lapse.

Did Ann Mather buy or sell Netflix (NFLX) shares in the market?

Ann Mather did not buy or sell Netflix shares in the open market in this filing. She received 654 non-qualified stock options as a grant, at no purchase cost, which is a compensation-related award rather than a market trading transaction.

How many Netflix (NFLX) options does Ann Mather hold after this transaction?

After this transaction, Ann Mather holds stock options covering 654 underlying Netflix common shares. This reflects the total options position reported in this Form 4, showing the number of shares she could acquire if she exercises all granted options.