Mertz Elinor 4
4 · NETFLIX INC · Filed Feb 3, 2026
Research Summary
AI-generated summary of this filing
Netflix (NFLX) Director Elinor Mertz Receives Award of 755 Shares
What Happened
- Elinor Mertz, a director of Netflix, received a derivative equity award for 755 shares on 2026-02-02. The Form 4 reports the acquisition price as $0.00 (transaction code A — award/grant), so the filing shows $0 as the acquisition cost for this entry. This is an equity award (not an open-market purchase or sale).
Key Details
- Transaction date: 2026-02-02; Form 4 filed: 2026-02-03 (filed the next business day).
- Transaction type/code: A — Grant, award or other acquisition (derivative).
- Shares acquired: 755 derivative shares at $0.00 per share (reported value $0 on the Form 4).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- No 10b5-1 plan, tax withholding, or sale reported in the disclosed transaction; no late-filing flag indicated.
Context
- Derivative awards like this are commonly stock awards (e.g., RSUs or performance-based shares) that typically vest over time and convert into common stock when vesting conditions are met; this filing records the grant event, not a market purchase or sale.
- Awards are routine compensation for directors and do not by themselves indicate the insider’s view on the stock.
Insider Transaction Report
Form 4
NETFLIX INCNFLX
Mertz Elinor
Director
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2026-02-02+755→ 755 totalExercise: $82.76From: 2026-02-02Exp: 2036-02-02→ Common Stock (755 underlying)
Signature
By: Veronique Bourdeau, Authorized Signatory For: Elinor Mertz|2026-02-03