Netflix director Elinor Mertz filed a Form 4 on November 3, 2026, disclosing the acquisition of 1,002 non-qualified stock options in Netflix, Inc. (NASDAQ:NFLX) on November 2, 2026.

Key Highlights

  • Reporting person: Elinor Mertz, identified as a Director of Netflix, Inc.
  • Transaction date: November 2, 2026, with the form filed November 3, 2026.
  • Security acquired: 1,002 non-qualified stock options (right to buy) with an exercise price of $62.34.
  • Price paid: $0 for the derivative security at acquisition.
  • Expiration date: November 2, 2036, with the options exercisable as of November 2, 2026.
  • Post-transaction holdings: 1,002 derivative securities beneficially owned directly following the reported transaction.
  • Signatory: The form was signed by Veronique Bourdeau as authorized signatory for Elinor Mertz.

Netflix Director Elinor Mertz Acquires Non-Qualified Stock Options

According to the Form 4 filing, Elinor Mertz, a director of Netflix, Inc., acquired 1,002 non-qualified stock options on November 2, 2026. The options carry a conversion or exercise price of $62.34 and were acquired at a price of $0. The underlying security is Netflix common stock, with 1,002 shares underlying the options.

The filing indicates the options became exercisable on the transaction date of November 2, 2026, and are set to expire on November 2, 2036. The transaction code reported is "A," denoting an acquisition. Following the transaction, Mertz directly beneficially owns 1,002 derivative securities, as disclosed in Table II of the filing. No non-derivative securities transactions were reported in Table I.

The form was filed by one reporting person and was signed on November 3, 2026, by Veronique Bourdeau as authorized signatory on behalf of Elinor Mertz. The filing does not indicate that the transaction was made pursuant to a Rule 10b5-1(c) plan, as the relevant checkbox was not checked.

What Was Disclosed

Elinor Mertz, a Netflix director, disclosed the acquisition of 1,002 non-qualified stock options with a $62.34 exercise price, acquired at no cost on November 2, 2026, expiring November 2, 2036, resulting in direct beneficial ownership of 1,002 derivative securities.