Netflix (NFLX) director Elinor Mertz granted 843 stock options at $74.19

Rhea-AI Filing Summary

NETFLIX INC director Elinor Mertz received a grant of 843 non-qualified stock options for company common stock. The options were awarded on July 1, 2026 with an exercise price of $74.19 per share and are scheduled to expire on July 1, 2036.

This is a compensation-related award, not an open-market purchase or sale. Following this grant, Mertz holds 843 options directly, each representing the right to buy one share of Netflix common stock at the fixed exercise price.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Mertz Elinor

Role null

Type	Security	Shares	Price	Value
Grant/Award	Non-Qualified Stock Option (right to buy)	843	$0.00	--

Holdings After Transaction: Non-Qualified Stock Option (right to buy) — 843 shares (Direct, null)

Footnotes (1)

Key Figures

Options granted: 843 options Exercise price: $74.19 per share Expiration date: July 1, 2036 +2 more

5 metrics

Options granted 843 options Non-qualified stock option award on July 1, 2026

Exercise price $74.19 per share Exercise price for the granted options

Expiration date July 1, 2036 Option term end date for this grant

Underlying shares 843 shares Common stock underlying the option grant

Post-grant holdings (options) 843 options Total options held directly after transaction

Key Terms

Non-Qualified Stock Option, exercise price, Form 4, underlying security

4 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: "74.1900""

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.

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.

underlying security financial

"underlying_security_title: "Common Stock""

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/02/2026 - 04:54 PM Accepted by SEC EDGAR 07/02/2026 - 04:54 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)
07/01/2026

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)	$74.19	07/01/2026		A		843		07/01/2026	07/01/2036	Common Stock	843	$0	843	D

Explanation of Responses:

Remarks:

	By: Veronique Bourdeau, Authorized Signatory For: Elinor Mertz	07/02/2026
	** 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)

FAQ

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

Elinor Mertz reported receiving a grant of 843 non-qualified stock options for Netflix common stock. These options are part of equity compensation and are not an open-market trade, meaning no shares were bought or sold on an exchange in this transaction.

How many Netflix (NFLX) options did Elinor Mertz receive and at what price?

Elinor Mertz received 843 non-qualified stock options, each with an exercise price of $74.19 per share. This price is the fixed amount she would pay per share if she later chooses to exercise the options into Netflix common stock.

When do Elinor Mertz’s Netflix (NFLX) options expire?

The reported stock options granted to Elinor Mertz are scheduled to expire on July 1, 2036. She may choose to exercise them for Netflix common stock before that expiration date, subject to any vesting or plan conditions not detailed in this summary.

Is Elinor Mertz buying or selling Netflix (NFLX) shares in this filing?

This filing shows a grant of stock options, not a market purchase or sale of Netflix shares. The options give Mertz the right to buy stock in the future at a fixed price, but no actual share transaction occurred in the market here.

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

After this grant, Elinor Mertz holds 843 non-qualified stock options directly, as reported. Each option represents the right to acquire one share of Netflix common stock at the stated exercise price of $74.19, if she chooses to exercise.