---
schema_version: "secwatch.filing_event.v1"
accession: "0001065280-22-000216"
form_type: "8-K"
ticker: "NFLX"
cik: "0001065280"
company_name: "NETFLIX INC"
filed_at: "2022-06-08T23:59:59+00:00"
generated_at: "2026-06-25T03:25:42.822072+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Netflix shareholders reject say-on-pay; board declassified and supermajority eliminated

## Summary
- Advisory vote on executive compensation failed: 242M against vs 89M for; broker non-votes 41M.
- Charter amended to declassify board, eliminate supermajority voting, and create special meeting right.
- Bylaws amended to majority vote standard for uncontested director elections and director resignation policy.
- Non-binding stockholder proposals for simple majority vote and lobbying activity report both approved.
- Timothy Haley, Leslie Kilgore, Strive Masiyiwa, and Anne Mather elected as Class II directors.

## SEC filing metadata
- accession: 0001065280-22-000216
- form_type: 8-K
- ticker: NFLX
- cik: 0001065280
- company_name: NETFLIX INC
- filed_at: 2022-06-08T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.03, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1065280/000106528022000216/0001065280-22-000216-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1065280/000106528022000216/nflx-20220602.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001065280-22-000216
- JSON: https://secwatch.observer/filing/0001065280-22-000216.json
- Plain text: https://secwatch.observer/filing/0001065280-22-000216.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.