Netflix (NASDAQ: NFLX) director granted 679 non-qualified stock options

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

NETFLIX INC director Strive Masiyiwa received a new stock option grant. On May 1, 2026, he was granted 679 non-qualified stock options, each giving the right to buy one share of Netflix common stock at an exercise price of $92.06 per share.

The options were granted at no cost at grant (price per option recorded as $0.00) and are scheduled to expire on May 1, 2036. After this grant, the filing shows Masiyiwa holding 679 derivative securities of this type, with no reported sales or exercises in this filing.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Masiyiwa Strive

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)

Key Figures

Options granted: 679 options Exercise price: $92.06 per share Options expiration: May 1, 2036 +3 more

6 metrics

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

Exercise price $92.06 per share Exercise price for underlying Netflix common stock

Options expiration May 1, 2036 Expiration date of the non-qualified stock options

Total derivative holdings 679 options Total derivative securities following the transaction

Grant transaction price $0.00 Recorded price per option at time of grant

Underlying shares 679 shares Underlying Netflix common stock covered by the options

Key Terms

Non-Qualified Stock Option, Grant, award, or other acquisition, underlying security title, derivative securities

4 terms

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.

Grant, award, or other acquisition financial

"transaction_code_description: "Grant, award, or other acquisition""

underlying security title financial

"underlying_security_title: "Common Stock""

derivative securities financial

"derivativeTransactionCount: 1 in transactionSummary"

Financial contracts whose value is tied to the price or performance of another asset, such as a stock, bond, commodity, index, or currency; examples include options, futures and swaps. They matter to investors because they let you protect against price swings, bet on future moves or gain larger exposure with less upfront cash—like using a lever or insurance policy on an investment—so they can amplify gains and losses and help manage portfolio risk.

Form 4 Insider Transactions: What Each Field Means →

05/04/2026 - 04:07 PM

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^*

Masiyiwa Strive

(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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
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: Strive Masiyiwa	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)

Source: View Original Filing on SEC EDGAR

FAQ

What did Netflix (NFLX) director Strive Masiyiwa receive in this Form 4 filing?

Strive Masiyiwa received a grant of 679 non-qualified stock options for Netflix common stock. Each option represents the right to buy one share, recorded as a grant or award rather than a market purchase, with no sale or exercise reported in this filing.

What is the exercise price of Strive Masiyiwa’s new Netflix (NFLX) stock options?

The new Netflix stock options granted to Strive Masiyiwa have an exercise price of $92.06 per share. This means he can buy Netflix common stock at $92.06 for each of the 679 underlying shares covered by the non-qualified stock options.

When do Strive Masiyiwa’s newly granted Netflix (NFLX) stock options expire?

The non-qualified stock options granted to Strive Masiyiwa are scheduled to expire on May 1, 2036. Up to that expiration date, each option allows him to purchase one share of Netflix common stock at the fixed exercise price specified in the grant.

How many Netflix (NFLX) derivative securities does Strive Masiyiwa hold after this transaction?

After the reported grant, Strive Masiyiwa holds 679 derivative securities of this option type. The filing shows total derivative securities following the transaction as 679, all held directly, with no additional derivative positions listed in the derivative summary section.

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

No market buy or sell is shown; the transaction is a grant of 679 non-qualified stock options. It is coded as a grant, award, or other acquisition, with no corresponding sale, tax withholding, or exercise transactions reported in the filing data provided.