Netflix (NFLX) director Elinor Mertz receives non-qualified option on 755 shares

Rhea-AI Filing Summary

Netflix Inc. director Elinor Mertz received a new stock option grant covering 755 shares of common stock. The non-qualified stock option has an exercise price of $82.76 per share, became exercisable on February 2, 2026, and expires on February 2, 2036. Following this grant, Mertz beneficially holds 755 derivative securities directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Mertz Elinor

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Non-Qualified Stock Option (right to buy)	755	$0.00	--

Holdings After Transaction: Non-Qualified Stock Option (right to buy) — 755 shares (Direct)

Footnotes (1)

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^*

Mertz Elinor

(Last) (First) (Middle)

121 ALBRIGHT WAY

(Street)

LOS GATOS CA 95032

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
02/02/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)	$82.76	02/02/2026		A		755		02/02/2026	02/02/2036	Common Stock	755	$0	755	D

Explanation of Responses:

Remarks:

	By: Veronique Bourdeau, Authorized Signatory For: Elinor Mertz	02/03/2026
	** 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.

FAQ

What insider transaction did Netflix (NFLX) report for director Elinor Mertz?

Netflix reported that director Elinor Mertz received a non-qualified stock option for 755 shares of common stock. The option was granted on February 2, 2026, and represents a new derivative holding directly owned by her after the reported transaction.

How many Netflix (NFLX) shares are covered by Elinor Mertz’s new stock option?

The new non-qualified stock option granted to Elinor Mertz covers 755 shares of Netflix common stock. This entire amount is reported as beneficially owned following the transaction, reflecting her direct derivative holdings tied to this specific option award.

What is the exercise price of Elinor Mertz’s Netflix (NFLX) stock option?

Elinor Mertz’s non-qualified stock option has an exercise price of $82.76 per share. This means she can choose to buy up to 755 Netflix common shares at $82.76 each, subject to the option’s exercisability and its stated expiration date.

When does Elinor Mertz’s Netflix (NFLX) stock option become exercisable and when does it expire?

The non-qualified stock option granted to Elinor Mertz became exercisable on February 2, 2026, and expires on February 2, 2036. This provides a 10-year window during which she may exercise the option for up to 755 Netflix shares.

Is Elinor Mertz’s new Netflix (NFLX) stock option held directly or indirectly?

Elinor Mertz’s newly reported non-qualified stock option is held directly, as indicated by the ownership code “D” in the filing. No indirect ownership entity or special nature of indirect beneficial ownership is disclosed in the provided transaction data.

Did Elinor Mertz acquire or dispose of Netflix (NFLX) derivative securities in this Form 4?

In this Form 4, Elinor Mertz acquired derivative securities through a non-qualified stock option grant coded as “A” for acquisition. The filing shows no disposals, and reports 755 derivative securities beneficially owned following the transaction, all tied to this option.