Netflix director granted 679 stock options at $92.06

Netflix Inc. director Elinor Mertz received a grant of stock options covering 679 shares of Netflix common stock.

Rhea-AI Filing Summary

Netflix Inc. director Elinor Mertz received a grant of stock options covering 679 shares of Netflix common stock. These non-qualified options have an exercise price of $92.06 per share and expire on May 1, 2036. Following this award, she holds 679 derivative option shares directly.

Insights

Equity compensation analyst

Routine stock option grant to Netflix director Elinor Mertz.

Elinor Mertz, a director of Netflix Inc., received 679 non-qualified stock options as a grant, with an exercise price of $92.06 per share and expiration on May 1, 2036. This is classified as a grant or award acquisition.

The filing shows no open-market buying or selling, only this compensation-related option award, which is a common element of director pay programs. The derivative position after the transaction totals 679 option shares, indicating a relatively small and routine equity grant.

Insider Trade Summary

Grant/Award: 679 shares

Grant/Award 1 txn

Insider Mertz Elinor

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Non-Qualified Stock Option (right to buy)	679	$0.00	$0.00

Holdings After Transaction: Non-Qualified Stock Option (right to buy) — 679 contracts (Direct)

Key Figures

Options granted: 679 options Exercise price: $92.06 per share Expiration date: May 1, 2036 +1 more

4 metrics

Options granted 679 options Non-qualified stock options granted to director on May 1, 2026

Exercise price $92.06 per share Strike price for the 679 granted options

Expiration date May 1, 2036 Option term for the 679 non-qualified options

Derivative shares after grant 679 option shares Total derivative position following this Form 4 transaction

Key Terms

Non-Qualified Stock Option, exercise price, expiration date

3 terms

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

"conversion_or_exercise_price": "92.0600""

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": "2036-05-01T00:00:00.000Z""

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.

FAQ

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

What did Netflix (NFLX) director Elinor Mertz report in this Form 4?

Elinor Mertz reported receiving a grant of 679 non-qualified stock options for Netflix common stock. The options carry a $92.06 exercise price and expire May 1, 2036, reflecting routine equity compensation rather than an open-market purchase or sale.

How many Netflix (NFLX) stock options did Elinor Mertz receive?

Elinor Mertz received 679 non-qualified stock options tied to Netflix common shares. Each option allows her to buy one share at a fixed $92.06 exercise price before expiration on May 1, 2036, subject to any vesting terms not detailed in this filing excerpt.

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

The options granted to Elinor Mertz have an exercise price of $92.06 per Netflix share. This means she can purchase shares at $92.06, regardless of future market price, any time before the options expire on May 1, 2036, assuming applicable vesting conditions are met.

Does this Netflix (NFLX) Form 4 show any stock being sold or bought on the market?

No open-market buying or selling appears in this Form 4. It records only a grant of 679 non-qualified stock options to director Elinor Mertz at a $92.06 exercise price, which is a compensation-related award rather than a discretionary market transaction.

How many derivative shares does Elinor Mertz hold after this Netflix (NFLX) transaction?

After this transaction, Elinor Mertz holds 679 derivative option shares linked to Netflix common stock. These reflect the newly granted non-qualified stock options with a $92.06 exercise price and a May 1, 2036 expiration date, all reported as directly owned.

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

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Accepted by SEC EDGAR 05/04/2026 - 04:12 PM Learn about SEC filing dates

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 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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026

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)	$92.06	05/01/2026		A		679		05/01/2026	05/01/2036	Common Stock	679	$0	679	D

Explanation of Responses:

Remarks:

	By: Veronique Bourdeau, Authorized Signatory For: Elinor Mertz	05/04/2026
	** 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)