HASTINGS REED - 01 Jul 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 Jul 2025
Net transactions value
-$18,967,153
Form type
4
Filing time
02 Jul 2025, 19:34:19 UTC
Previous filing
03 Jun 2025
Next filing
04 Aug 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 Jul 2025 0001033331

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NFLX Common Stock Options Exercise $2,853,859 +26,513 +6729% $107.64 26,907 01 Jul 2025 Direct F1
transaction NFLX Common Stock Sale $1,026,749 -800 -3% $1283.44 26,107 01 Jul 2025 Direct F1, F2
transaction NFLX Common Stock Sale $385,342 -300 -1.1% $1284.47 25,807 01 Jul 2025 Direct F1, F3
transaction NFLX Common Stock Sale $514,069 -400 -1.5% $1285.17 25,407 01 Jul 2025 Direct F1, F4
transaction NFLX Common Stock Sale $514,553 -400 -1.6% $1286.38 25,007 01 Jul 2025 Direct F1, F5
transaction NFLX Common Stock Sale $257,567 -200 -0.8% $1287.84 24,807 01 Jul 2025 Direct F1, F6
transaction NFLX Common Stock Sale $386,566 -300 -1.2% $1288.55 24,507 01 Jul 2025 Direct F1, F7
transaction NFLX Common Stock Sale $257,857 -200 -0.82% $1289.28 24,307 01 Jul 2025 Direct F1, F8
transaction NFLX Common Stock Sale $129,017 -100 -0.41% $1290.17 24,207 01 Jul 2025 Direct F1
transaction NFLX Common Stock Sale $645,696 -500 -2.1% $1291.39 23,707 01 Jul 2025 Direct F1, F9
transaction NFLX Common Stock Sale $1,163,245 -900 -3.8% $1292.49 22,807 01 Jul 2025 Direct F1, F10
transaction NFLX Common Stock Sale $1,950,500 -1,508 -6.6% $1293.44 21,299 01 Jul 2025 Direct F1, F11
transaction NFLX Common Stock Sale $2,008,028 -1,551 -7.3% $1294.67 19,748 01 Jul 2025 Direct F1, F12
transaction NFLX Common Stock Sale $3,604,181 -2,782 -14% $1295.54 16,966 01 Jul 2025 Direct F1, F13
transaction NFLX Common Stock Sale $1,211,005 -934 -5.5% $1296.58 16,032 01 Jul 2025 Direct F1, F14
transaction NFLX Common Stock Sale $1,541,422 -1,188 -7.4% $1297.49 14,844 01 Jul 2025 Direct F1, F15
transaction NFLX Common Stock Sale $1,007,610 -776 -5.2% $1298.47 14,068 01 Jul 2025 Direct F1, F16
transaction NFLX Common Stock Sale $838,170 -645 -4.6% $1299.49 13,423 01 Jul 2025 Direct F1, F17
transaction NFLX Common Stock Sale $1,097,336 -844 -6.3% $1300.16 12,579 01 Jul 2025 Direct F1, F18
transaction NFLX Common Stock Sale $801,807 -616 -4.9% $1301.63 11,963 01 Jul 2025 Direct F1, F19
transaction NFLX Common Stock Sale $286,514 -220 -1.8% $1302.34 11,743 01 Jul 2025 Direct F1, F20
transaction NFLX Common Stock Sale $33,887 -26 -0.22% $1303.33 11,717 01 Jul 2025 Direct F1
transaction NFLX Common Stock Sale $130,421 -100 -0.85% $1304.21 11,617 01 Jul 2025 Direct F1
transaction NFLX Common Stock Sale $298,993 -229 -2% $1305.65 11,388 01 Jul 2025 Direct F1, F21
transaction NFLX Common Stock Sale $391,842 -300 -2.6% $1306.14 11,088 01 Jul 2025 Direct F1, F22
transaction NFLX Common Stock Sale $392,853 -300 -2.7% $1309.51 10,788 01 Jul 2025 Direct F1, F23
transaction NFLX Common Stock Sale $262,161 -200 -1.9% $1310.80 10,588 01 Jul 2025 Direct F1, F24
transaction NFLX Common Stock Sale $237,353 -181 -1.7% $1311.34 10,407 01 Jul 2025 Direct F1, F25
transaction NFLX Common Stock Sale $314,950 -240 -2.3% $1312.29 10,167 01 Jul 2025 Direct F1, F26
transaction NFLX Common Stock Sale $131,320 -100 -0.98% $1313.20 10,067 01 Jul 2025 Direct F1

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 -26,513 -100% $0.000000 0 01 Jul 2025 Common Stock 26,513 $107.64 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) Award $0 +48 $0.000000 48 01 Jul 2025 Common Stock 48 $1293.60 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 $1,283.00 to $1,283.86. 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 $1,284.14 to $1,284.65. 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.
F4 This transaction was executed in multiple trades at prices ranging from $1,285.00 to $1,285.34. 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.
F5 This transaction was executed in multiple trades at prices ranging from $1,286.06 to $1,286.78. 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 $1,287.72 to $1,287.95. 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 $1,288.16 to $1,288.88. 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.
F8 This transaction was executed in multiple trades at prices ranging from $1,289.07 to $1,289.50. 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.
F9 This transaction was executed in multiple trades at prices ranging from $1,291.18 to $1,291.65. 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.
F10 This transaction was executed in multiple trades at prices ranging from $1,292.25 to $1,292.96. 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 $1,293.06 to $1,293.9168. 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 $1,294.11 to $1,294.99. 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.
F13 This transaction was executed in multiple trades at prices ranging from $1,295.00 to $1,295.99. 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.
F14 This transaction was executed in multiple trades at prices ranging from $1,296.22 to $1,296.92. 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 $1,297.0504 to $1,297.99. 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.
F16 This transaction was executed in multiple trades at prices ranging from $1,298.03 to $1,298.96. 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 $1,299.09 to $1,299.90. 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 $1,300.00 to $1,300.3738. 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 $1,301.00 to $1,301.9927. 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 $1,302.00 to $1,302.73. 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.
F21 This transaction was executed in multiple trades at prices ranging from $1,305.2919 to $1,305.84. 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 $1,306.11 to $1,306.16. 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.
F23 This transaction was executed in multiple trades at prices ranging from $1,309.22 to $1,309.99. 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.
F24 This transaction was executed in multiple trades at prices ranging from $1,310.79 to $1,310.82. 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.
F25 This transaction was executed in multiple trades at prices ranging from $1,311.10 to $1,311.6451. 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.
F26 This transaction was executed in multiple trades at prices ranging from $1,312.02 to $1,312.55. 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 first of two being filed by the reporting person on the date hereof.