HASTINGS REED - 01 May 2025 Form 4 Insider Report for NETFLIX INC (NFLX)

Role
Director
Signature
Veronique Bourdeau, Authorized Signatory For: Reed Hastings
Issuer symbol
NFLX
Transactions as of
01 May 2025
Net transactions value
-$27,712,392
Form type
4
Filing time
02 May 2025, 20:28:11 UTC
Previous filing
02 Apr 2025
Next filing
03 Jun 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
HASTINGS REED Director 121 ALBRIGHT WAY, LOS GATOS Veronique Bourdeau, Authorized Signatory For: Reed Hastings 02 May 2025 0001033331

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NFLX Common Stock Options Exercise $2,853,897 +26,977 +6847% $105.79 27,371 01 May 2025 Direct F1
transaction NFLX Common Stock Sale $223,120 -200 -0.73% $1115.60 27,171 01 May 2025 Direct F1, F2
transaction NFLX Common Stock Sale $446,586 -400 -1.5% $1116.46 26,771 01 May 2025 Direct F1, F3
transaction NFLX Common Stock Sale $223,520 -200 -0.75% $1117.60 26,571 01 May 2025 Direct F1
transaction NFLX Common Stock Sale $335,794 -300 -1.1% $1119.31 26,271 01 May 2025 Direct F1, F4
transaction NFLX Common Stock Sale $852,775 -761 -2.9% $1120.60 25,510 01 May 2025 Direct F1, F5
transaction NFLX Common Stock Sale $1,352,853 -1,206 -4.7% $1121.77 24,304 01 May 2025 Direct F1, F6
transaction NFLX Common Stock Sale $1,072,040 -955 -3.9% $1122.55 23,349 01 May 2025 Direct F1, F7
transaction NFLX Common Stock Sale $710,164 -632 -2.7% $1123.68 22,717 01 May 2025 Direct F1, F8
transaction NFLX Common Stock Sale $813,104 -723 -3.2% $1124.62 21,994 01 May 2025 Direct F1, F9
transaction NFLX Common Stock Sale $450,519 -400 -1.8% $1126.30 21,594 01 May 2025 Direct F1, F10
transaction NFLX Common Stock Sale $1,015,265 -900 -4.2% $1128.07 20,694 01 May 2025 Direct F1, F11
transaction NFLX Common Stock Sale $790,272 -700 -3.4% $1128.96 19,994 01 May 2025 Direct F1, F12
transaction NFLX Common Stock Sale $451,966 -400 -2% $1129.92 19,594 01 May 2025 Direct F1, F13
transaction NFLX Common Stock Sale $226,231 -200 -1% $1131.16 19,394 01 May 2025 Direct F1, F14
transaction NFLX Common Stock Sale $2,223,196 -1,962 -10% $1133.13 17,432 01 May 2025 Direct F1, F15
transaction NFLX Common Stock Sale $1,427,016 -1,258 -7.2% $1134.35 16,174 01 May 2025 Direct F1, F16
transaction NFLX Common Stock Sale $2,753,979 -2,426 -15% $1135.19 13,748 01 May 2025 Direct F1, F17
transaction NFLX Common Stock Sale $3,452,254 -3,038 -22% $1136.36 10,710 01 May 2025 Direct F1, F18
transaction NFLX Common Stock Sale $4,336,351 -3,813 -36% $1137.25 6,897 01 May 2025 Direct F1, F19
transaction NFLX Common Stock Sale $2,974,031 -2,613 -38% $1138.17 4,284 01 May 2025 Direct F1, F20
transaction NFLX Common Stock Sale $1,964,296 -1,724 -40% $1139.38 2,560 01 May 2025 Direct F1, F21
transaction NFLX Common Stock Sale $1,334,125 -1,170 -46% $1140.28 1,390 01 May 2025 Direct F1, F22
transaction NFLX Common Stock Sale $1,022,632 -896 -64% $1141.33 494 01 May 2025 Direct F1, F23
transaction NFLX Common Stock Sale $114,200 -100 -20% $1142.00 394 01 May 2025 Direct F1
holding NFLX Common Stock 2,154,241 01 May 2025 by Trust F24

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -26,977 -100% $0.000000 0 01 May 2025 Common Stock 26,977 $105.79 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) Award $0 +55 $0.000000 55 01 May 2025 Common Stock 55 $1133.47 Direct
* 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 8/8/2023.
F2 This transaction was executed in multiple trades at prices ranging from $1,115.19 to $1,116.01. 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 $1,116.46 to $1,116.47. 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 $1,118.83 to $1,119.68. 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 $1,120.09 to $1,121.0816. 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 $1,121.098 to $1,122.044. 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 $1,122.25 to $1,123.021. 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 $1,123.25 to $1,124.22. 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 $1,124.3265 to $1,125.30. 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 $1,125.96 to $1,126.88. 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 $1,127.55 to $1,128.45. 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.
F12 This transaction was executed in multiple trades at prices ranging from $1,128.56 to $1,129.50. 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 $1,129.79 to $1,130.23. 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.
F14 This transaction was executed in multiple trades at prices ranging from $1,131.00 to $1,131.31. 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 $1,132.7482 to $1,133.65. 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 $1,133.7578 to $1,134.73. 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 $1,134.77 to $1,135.74. 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 $1,135.79 to $1,136.7822. 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 $1,136.79 to $1,137.7835. 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 $1,137.7992 to $1,138.7631. 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 $1,138.8124 to $1,139.75. 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.
F22 This transaction was executed in multiple trades at prices ranging from $1,139.8056 to $1,140.7594. 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 $1,140.8718 to $1,141.83. 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 As Trustee of the Hastings-Quillin Family Trust