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Netflix grants director Smith 774 stock options

NETFLIX INC (NFLX) reported that director Bradford L. Smith received a grant of stock options on September 1, 2026.

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

Rhea-AI Filing Summary

NETFLIX INC (NFLX) reported that director Bradford L. Smith received a grant of stock options on September 1, 2026. The award covers 774 options to acquire Netflix common shares at an exercise price of $80.81 per share, expiring on September 1, 2036, and represents his entire reported option holdings after the grant. No Rule 10b5-1 trading plan is reported for this award.

Positive

  • None.

Negative

  • None.
Insider SMITH BRADFORD L
Role Director
Type Security Shares Price Value
Grant/Award Non-Qualified Stock Option (right to buy) 774 $0.00 $0.00
Holdings After Transaction: Non-Qualified Stock Option (right to buy) — 774 contracts (Direct)
Options granted 774 options Non-qualified stock options granted to director Bradford L. Smith on September 1, 2026
Exercise price $80.81 per share Exercise price for the 774 non-qualified stock options
Expiration date September 1, 2036 Expiration of the non-qualified stock options granted on September 1, 2026
Options held after transaction 774 options Total reported derivative holdings for Bradford L. Smith after the grant
Non-Qualified Stock Option financial
"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.
exercise price financial
"an exercise price of 80.8100"
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
"an expiration date of 2036-09-01"
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

What insider transaction did NFLX disclose for Bradford L. Smith?
Netflix disclosed that director Bradford L. Smith received a grant of 774 non-qualified stock options on September 1, 2026, to purchase common stock at an exercise price of $80.81 per share, expiring on September 1, 2036.

How many options did the Netflix (NFLX) director hold after this Form 4 transaction?
After the reported award, Bradford L. Smith held 774 stock options linked to Netflix common stock as of the transaction date.

What is the exercise price of the new Netflix (NFLX) stock options granted?
The non-qualified stock options granted to Bradford L. Smith have an exercise price of $80.81 per share for Netflix common stock.

When do the newly granted Netflix (NFLX) stock options expire?
The stock options granted to Bradford L. Smith on September 1, 2026 have an expiration date of September 1, 2036.

Was the Netflix (NFLX) director’s option grant made under a Rule 10b5-1 plan?
No. The filing indicates that this grant of 774 non-qualified stock options to director Bradford L. Smith was not made pursuant to a Rule 10b5-1 trading plan.

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

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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*
SMITH BRADFORD L
(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)
09/01/2026		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)$80.8109/01/2026A77409/01/202609/01/2036Common Stock774$0774D
Explanation of Responses:
Remarks:
By: Veronique Bourdeau, Authorized Signatory For: Bradford L. Smith09/02/2026
** 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)

Source: View Original Filing on SEC EDGAR