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Netflix (NASDAQ: NFLX) director receives grant of 679 stock options

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

Rhea-AI Filing Summary

Netflix Inc. director Leslie J. Kilgore received a grant of non-qualified stock options on May 1, 2026. The grant covers 679 options, each giving the right to buy one share of Netflix common stock at an exercise price of $92.06 per share.

These options expire on May 1, 2036. Following this grant, Kilgore holds 679 derivative securities of this type directly, reflecting a routine compensation-related award rather than an open‑market purchase or sale.

Positive

  • None.

Negative

  • None.
Insider KILGORE LESLIE J
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 May 1, 2026
Exercise price $92.06 per share Conversion or exercise price of granted options
Expiration date May 1, 2036 Options expire if not exercised by this date
Underlying shares 679 shares Common stock underlying the non-qualified stock options
Derivative holdings after grant 679 options Total shares following transaction for this option award
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.
grant/award acquisition financial
"transaction_action": "grant/award acquisition""
underlying security financial
"underlying_security_title": "Common Stock""
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The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised.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.
Form 4 Insider Transactions: What Each Field Means →
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*
KILGORE LESLIE J
(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)
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:
Remarks:
By: Veronique Bourdeau, Authorized Signatory For: Leslie J. Kilgore05/04/2026
** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What did Netflix (NFLX) director Leslie Kilgore report in this Form 4?

Leslie Kilgore reported receiving a grant of 679 non-qualified stock options. Each option allows her to buy one Netflix common share at $92.06, expiring May 1, 2036. This is a compensation-related award, not an open-market stock purchase or sale.

How many Netflix (NFLX) stock options were granted to Leslie Kilgore?

Leslie Kilgore was granted 679 non-qualified stock options. Each option corresponds to one underlying share of Netflix common stock and carries an exercise price of $92.06 per share, with an expiration date of May 1, 2036, if not exercised earlier.

What is the exercise price of Leslie Kilgore’s Netflix (NFLX) stock options?

The exercise price of Leslie Kilgore’s non-qualified stock options is $92.06 per share. This is the fixed price she must pay to purchase each underlying Netflix common share any time before the options expire on May 1, 2036.

When do Leslie Kilgore’s Netflix (NFLX) stock options expire?

Leslie Kilgore’s 679 non-qualified stock options expire on May 1, 2036. She may choose to exercise them at $92.06 per share any time before that expiration date, subject to any vesting or plan conditions not detailed here.

Is Leslie Kilgore’s Form 4 transaction a buy or a grant of Netflix (NFLX) options?

The Form 4 shows a grant of non-qualified stock options to Leslie Kilgore, not an open-market buy. Code “A” indicates a grant or award acquisition, reflecting director compensation, with 679 options at a $92.06 exercise price expiring May 1, 2036.