Bradford L. Smith receives 755 Netflix (NFLX) stock options

Rhea-AI Filing Summary

Netflix director Bradford L. Smith received a new stock option grant. On February 2, 2026, he was awarded a non-qualified stock option giving him the right to buy 755 shares of Netflix common stock at an exercise price of $82.76 per share.

The option became exercisable on February 2, 2026 and will expire on February 2, 2036. After this grant, Smith beneficially held 755 derivative securities directly in the form of this option position.

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

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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 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: Bradford L. Smith	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 Bradford L. Smith?

Netflix reported that director Bradford L. Smith received a non-qualified stock option on February 2, 2026. The grant covers 755 shares of Netflix common stock at an exercise price of $82.76 per share, becoming exercisable immediately and expiring on February 2, 2036.

How many Netflix shares are covered by Bradford L. Smith’s new stock option?

Bradford L. Smith’s new non-qualified stock option covers 755 shares of Netflix common stock. This option was granted on February 2, 2026 and became exercisable the same day, with an expiration date of February 2, 2036, if not exercised earlier.

What is the exercise price and term of Bradford L. Smith’s Netflix option grant?

The exercise price of Bradford L. Smith’s Netflix non-qualified stock option is $82.76 per share. The option became exercisable on February 2, 2026 and will expire ten years later, on February 2, 2036, according to the reported Form 4 details.

What is Bradford L. Smith’s role at Netflix related to this Form 4 filing?

Bradford L. Smith is reported as a director of Netflix in this Form 4 filing. The form shows a single insider transaction: a grant of a non-qualified stock option for 755 shares of Netflix common stock, held directly in his name after the transaction.

How many derivative securities does Bradford L. Smith hold in Netflix after this transaction?

After the February 2, 2026 transaction, Bradford L. Smith beneficially owned 755 derivative securities in Netflix. These are in the form of a non-qualified stock option giving him the right to acquire 755 shares of Netflix common stock at $82.76 per share.