STOCK TITAN

Netflix (NFLX) director Jay Hoag receives grant of 679 stock options

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

Rhea-AI Filing Summary

Netflix Inc. director Jay C. Hoag received a grant of 679 non-qualified stock options on Common Stock. The options have an exercise price of $92.06 per share, were granted on May 1, 2026, and are scheduled to expire on May 1, 2036. Following this grant, Hoag holds 679 options directly.

Positive

  • None.

Negative

  • None.
Insider Hoag Jay C
Role null
Type Security Shares Price Value
Grant/Award Non-Qualified Stock Option (right to buy) 679 $0.00 --
Holdings After Transaction: Non-Qualified Stock Option (right to buy) — 679 shares (Direct, null)
Footnotes (1)
Options granted 679 options Non-qualified stock options granted on May 1, 2026
Exercise price $92.06 per share Exercise price of non-qualified stock options
Expiration date May 1, 2036 Option expiration for granted derivatives
Total options after grant 679 options Total derivative securities following transaction, direct ownership
Transaction code A Grant, award, or other acquisition of derivative securities
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.
derivative financial
"transaction_type: "derivative" for the option grant"
A derivative is a financial contract whose value depends on the price or performance of another asset or measure — for example a stock, index, interest rate, commodity, or currency. Investors use derivatives like insurance or leveraged bets to hedge risk, speculate, or gain exposure without owning the underlying asset; they can protect portfolios but also amplify losses and introduce counterparty and market risk.
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.
grant/award acquisition financial
"transaction_action: "grant/award acquisition""
Form 4 regulatory
"INSIDER FILING DATA (Form 4): {"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
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*
Hoag Jay C

(Last)(First)(Middle)
250 MIDDLEFIELD ROAD

(Street)
MENLO PARK CALIFORNIA 94025

(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)
05/01/2026
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)$92.0605/01/2026A67905/01/202605/01/2036Common Stock679$0679D
Explanation of Responses:
/s/ Frederic D. Fenton Authorized Signatory for Jay C. Hoag05/04/2026
** 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 insider transaction did Jay C. Hoag report for NFLX?

Jay C. Hoag reported receiving a grant of 679 non-qualified stock options in Netflix Inc. Common Stock. The options were awarded on May 1, 2026 and represent a compensation-related acquisition, not an open-market purchase or sale of existing shares.

What is the exercise price of Jay C. Hoag’s Netflix stock options?

The granted non-qualified stock options carry an exercise price of $92.06 per share. This is the price Jay C. Hoag must pay to convert each option into one share of Netflix Common Stock during the option’s life, if he chooses to exercise them.

How many Netflix options does Jay C. Hoag hold after this Form 4?

After this transaction, Jay C. Hoag holds 679 non-qualified stock options directly. The filing’s transaction table shows total derivative securities following the transaction as 679, indicating this grant establishes his reported option position in this specific Form 4.

When do Jay C. Hoag’s newly granted Netflix options expire?

The non-qualified stock options granted to Jay C. Hoag are scheduled to expire on May 1, 2036. This provides a multi-year window during which he may choose to exercise the options at the $92.06 per share exercise price, subject to any vesting terms.

Does this Netflix Form 4 show any stock sales or purchases by Jay C. Hoag?

No open-market stock purchases or sales are shown in this Form 4. The filing reports only a grant of 679 non-qualified stock options as a derivative security, classified as an acquisition rather than a buy or sell transaction in the public market.