Theodore A. Sarandos - 30 Jan 2025 Form 4 Insider Report for NETFLIX INC (NFLX)

Signature
By: Veronique Bourdeau, Authorized Signatory For: Theodore A. Sarandos
Issuer symbol
NFLX
Transactions as of
30 Jan 2025
Net transactions value
-$194,880,917
Form type
4
Filing time
03 Feb 2025, 18:30:35 UTC
Previous filing
24 Jan 2025
Next filing
05 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NFLX Common Stock Sale $4,227,288 -4,351 -2.1% $971.57 207,853 30 Jan 2025 Direct F1, F2
transaction NFLX Common Stock Sale $13,691,835 -14,075 -6.8% $972.78 193,778 30 Jan 2025 Direct F1, F3
transaction NFLX Common Stock Sale $18,844,744 -19,353 -10% $973.74 174,425 30 Jan 2025 Direct F1, F4
transaction NFLX Common Stock Sale $17,394,793 -17,844 -10% $974.83 156,581 30 Jan 2025 Direct F1, F5
transaction NFLX Common Stock Sale $20,906,084 -21,425 -14% $975.78 135,156 30 Jan 2025 Direct F1, F6
transaction NFLX Common Stock Sale $34,945,972 -35,780 -26% $976.69 99,376 30 Jan 2025 Direct F1, F7
transaction NFLX Common Stock Sale $13,948,253 -14,268 -14% $977.59 85,108 30 Jan 2025 Direct F1, F8
transaction NFLX Common Stock Sale $4,534,929 -4,633 -5.4% $978.83 80,475 30 Jan 2025 Direct F1, F9
transaction NFLX Common Stock Sale $10,155,007 -10,363 -13% $979.93 70,112 30 Jan 2025 Direct F1, F10
transaction NFLX Common Stock Sale $7,186,999 -7,328 -10% $980.76 62,784 30 Jan 2025 Direct F1, F11
transaction NFLX Common Stock Sale $3,611,294 -3,678 -5.9% $981.86 59,106 30 Jan 2025 Direct F1, F12
transaction NFLX Common Stock Sale $5,462,210 -5,556 -9.4% $983.12 53,550 30 Jan 2025 Direct F1, F13
transaction NFLX Common Stock Sale $7,297,890 -7,417 -14% $983.94 46,133 30 Jan 2025 Direct F1, F14
transaction NFLX Common Stock Sale $1,436,976 -1,459 -3.2% $984.90 44,674 30 Jan 2025 Direct F1, F15
transaction NFLX Common Stock Sale $2,248,670 -2,279 -5.1% $986.69 42,395 30 Jan 2025 Direct F1, F16
transaction NFLX Common Stock Sale $1,085,802 -1,100 -2.6% $987.09 41,295 30 Jan 2025 Direct F1, F17
transaction NFLX Common Stock Sale $3,473,088 -3,513 -8.5% $988.64 37,782 30 Jan 2025 Direct F1, F18
transaction NFLX Common Stock Sale $6,293,958 -6,360 -17% $989.62 31,422 30 Jan 2025 Direct F1, F19
transaction NFLX Common Stock Sale $7,271,190 -7,340 -23% $990.63 24,082 30 Jan 2025 Direct F1, F20
transaction NFLX Common Stock Sale $3,106,288 -3,132 -13% $991.79 20,950 30 Jan 2025 Direct F1, F21
transaction NFLX Common Stock Sale $4,477,955 -4,509 -22% $993.11 16,441 30 Jan 2025 Direct F1, F22
transaction NFLX Common Stock Sale $3,080,779 -3,100 -19% $993.80 13,341 30 Jan 2025 Direct F1, F23
transaction NFLX Common Stock Sale $198,912 -200 -1.5% $994.56 13,141 30 Jan 2025 Direct F1, F24
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 Transaction made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 10/25/2024.
F2 This transaction was executed in multiple trades at prices ranging from $971.15 to $971.9805. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F3 This transaction was executed in multiple trades at prices ranging from $972.1768 to $973.17. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F4 This transaction was executed in multiple trades at prices ranging from $973.18 to $974.16. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F5 This transaction was executed in multiple trades at prices ranging from $974.1963 to $975.18. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F6 This transaction was executed in multiple trades at prices ranging from $975.23 to $976.2176. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F7 This transaction was executed in multiple trades at prices ranging from $976.2322 to $977.23. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F8 This transaction was executed in multiple trades at prices ranging from $977.2422 to $978.18. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F9 This transaction was executed in multiple trades at prices ranging from $978.266 to $979.25. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F10 This transaction was executed in multiple trades at prices ranging from $979.35 to $980.32. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F11 This transaction was executed in multiple trades at prices ranging from $980.36 to $981.34. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F12 This transaction was executed in multiple trades at prices ranging from $981.38 to $982.37. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F13 This transaction was executed in multiple trades at prices ranging from $982.44 to $983.40. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F14 This transaction was executed in multiple trades at prices ranging from $983.4731 to $984.45. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F15 This transaction was executed in multiple trades at prices ranging from $984.52 to $985.37. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F16 This transaction was executed in multiple trades at prices ranging from $985.80 to $986.75. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F17 This transaction was executed in multiple trades at prices ranging from $987.00 to $987.77. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F18 This transaction was executed in multiple trades at prices ranging from $988.1187 to $989.00. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F19 This transaction was executed in multiple trades at prices ranging from $989.13 to $989.99. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F20 This transaction was executed in multiple trades at prices ranging from $990.21 to $991.20. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F21 This transaction was executed in multiple trades at prices ranging from $991.4516 to $992.4104. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F22 This transaction was executed in multiple trades at prices ranging from $992.4924 to $993.46. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F23 This transaction was executed in multiple trades at prices ranging from $993.50 to $994.45. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F24 This transaction was executed in multiple trades at prices ranging from $994.55 to $994.57. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

Remarks:

Due to the limitation on the number of transactions that can be reported on a single Form 4, this Form 4 is the second of two being filed by the reporting person on the date hereof.