Netflix Director Jay C. Hoag Receives Routine Stock Option Grant

Executive Summary

On November 3, 2026, Netflix Inc. ($NFLX) filed a Form 4 detailing an equity award granted to board member Jay C. Hoag. On November 2, 2026, Mr. Hoag was granted non-qualified stock options to purchase 1,003 shares of Netflix common stock at an exercise price of $62.34 per share.

Transaction Details

• Reporting Person: Jay C. Hoag (Director)
• Transaction Code: A (Grant/Award)
• Security: Non-Qualified Stock Option (right to buy)
• Number of Derivative Securities: 1,003 options
• Exercise Price: $62.34
• Expiration Date: November 2, 2036
• Cost Basis to Insider: $0.00
• Post-Transaction Holdings: 1,003 derivative securities held directly

Market & Trading Significance

This filing represents a routine director compensation award under Netflix's standard equity incentive plan. Because it is a non-open-market grant rather than a discretionary purchase or sale, the trading significance is categorized as Low and does not signal directional insider sentiment.