Spencer Adam Neumann - 01 Aug 2025 Form 4 Insider Report for NETFLIX INC (NFLX)

Role
Chief Financial Officer
Signature
By: Veronique Bourdeau, Authorized Signatory For: Spencer Neumann
Issuer symbol
NFLX
Transactions as of
01 Aug 2025
Net transactions value
-$2,270,949
Form type
4
Filing time
04 Aug 2025, 20:20:27 UTC
Previous filing
02 Jul 2025
Next filing
06 Aug 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Neumann Spencer Adam Chief Financial Officer 121 ALBRIGHT WAY, LOS GATOS By: Veronique Bourdeau, Authorized Signatory For: Spencer Neumann 04 Aug 2025 0001543133

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NFLX Common Stock Options Exercise $752,443 +2,601 +70% $289.29 6,292 01 Aug 2025 Direct F1
transaction NFLX Common Stock Sale $578,305 -500 -7.9% $1156.61 5,792 01 Aug 2025 Direct F1, F2
transaction NFLX Common Stock Sale $695,878 -601 -10% $1157.87 5,191 01 Aug 2025 Direct F1, F3
transaction NFLX Common Stock Sale $115,995 -100 -1.9% $1159.95 5,091 01 Aug 2025 Direct F1
transaction NFLX Common Stock Sale $464,746 -400 -7.9% $1161.86 4,691 01 Aug 2025 Direct F1, F4
transaction NFLX Common Stock Sale $232,655 -200 -4.3% $1163.28 4,491 01 Aug 2025 Direct F1, F5
transaction NFLX Common Stock Sale $233,114 -200 -4.5% $1165.57 4,291 01 Aug 2025 Direct F1, F6
transaction NFLX Common Stock Sale $116,821 -100 -2.3% $1168.21 4,191 01 Aug 2025 Direct F1
transaction NFLX Common Stock Sale $233,986 -200 -4.8% $1169.93 3,991 01 Aug 2025 Direct F1, F7
transaction NFLX Common Stock Sale $234,244 -200 -5% $1171.22 3,791 01 Aug 2025 Direct F1, F8
transaction NFLX Common Stock Sale $117,648 -100 -2.6% $1176.48 3,691 01 Aug 2025 Direct

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 -2,601 -90% $0.000000 304 01 Aug 2025 Common Stock 2,601 $289.29 Direct F1
* 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 10/29/2024.
F2 This transaction was executed in multiple trades at prices ranging from $1,156.03 to $1,156.96. 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.
F3 This transaction was executed in multiple trades at prices ranging from $1,157.36 to $1,158.33. 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 $1,161.35 to $1,162.34. 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 $1,162.90 to $1,163.65. 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.
F6 This transaction was executed in multiple trades at prices ranging from $1,165.34 to $1,165.80. 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 $1,169.75 to $1,170.11. 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 $1,170.92 to $1,171.52. 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.