David A. Hyman - Nov 3, 2025 Form 4 Insider Report for NETFLIX INC (NFLX)

Role
Chief Legal Officer
Signature
By: Veronique Bourdeau, Authorized Signatory For: David A. Hyman
Stock symbol
NFLX
Transactions as of
Nov 3, 2025
Transactions value $
-$21,382,494
Form type
4
Date filed
11/5/2025, 09:43 PM
Previous filing
Aug 6, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
HYMAN DAVID A Chief Legal Officer 121 ALBRIGHT WAY, LOS GATOS By: Veronique Bourdeau, Authorized Signatory For: David A. Hyman 2025-11-05 0001507747

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NFLX Common Stock Options Exercise +544 +1.72% 32.2K Nov 3, 2025 Direct F1
transaction NFLX Common Stock Options Exercise +303 +0.94% 32.5K Nov 3, 2025 Direct F1
transaction NFLX Common Stock Tax liability -$303K -271 -0.83% $1,118.86 32.2K Nov 3, 2025 Direct F2
transaction NFLX Common Stock Tax liability -$169K -151 -0.47% $1,118.86 32K Nov 3, 2025 Direct F2
transaction NFLX Common Stock Options Exercise $984K +1.65K +5.14% $597.37 33.7K Nov 4, 2025 Direct F3
transaction NFLX Common Stock Options Exercise $1.04M +2.28K +6.77% $457.13 36K Nov 4, 2025 Direct F3
transaction NFLX Common Stock Options Exercise $1.46M +3.62K +10.06% $403.13 39.6K Nov 4, 2025 Direct F3
transaction NFLX Common Stock Options Exercise $1.46M +3.3K +8.35% $441.44 42.9K Nov 4, 2025 Direct F3
transaction NFLX Common Stock Options Exercise $1.46M +3.32K +7.75% $438.62 46.2K Nov 4, 2025 Direct F3
transaction NFLX Common Stock Options Exercise $1.46M +3.32K +7.18% $439.88 49.5K Nov 4, 2025 Direct F3
transaction NFLX Common Stock Options Exercise $1.46M +3.83K +7.74% $380.33 53.4K Nov 4, 2025 Direct F3
transaction NFLX Common Stock Options Exercise $1.46M +3.47K +6.51% $420.19 56.8K Nov 4, 2025 Direct F3
transaction NFLX Common Stock Options Exercise $1.46M +3.13K +5.51% $465.74 60K Nov 4, 2025 Direct F3
transaction NFLX Common Stock Options Exercise $1.46M +3.11K +5.19% $468.50 63.1K Nov 4, 2025 Direct F3
transaction NFLX Common Stock Sale -$462K -425 -0.67% $1,088.22 62.6K Nov 4, 2025 Direct
transaction NFLX Common Stock Sale -$34.1M -31K -49.54% $1,100.00 31.6K Nov 4, 2025 Direct F3

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 Restricted Stock Units Options Exercise $0 -544 -20.01% $0.00 2.18K Nov 3, 2025 Common Stock 544 Direct F4, F5
transaction NFLX Restricted Stock Units Options Exercise $0 -303 -11.12% $0.00 2.42K Nov 3, 2025 Common Stock 303 Direct F4, F6
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -1.65K -100% $0.00 0 Nov 4, 2025 Common Stock 1.65K $597.37 Direct F3
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -2.28K -100% $0.00 0 Nov 4, 2025 Common Stock 2.28K $457.13 Direct F3
transaction NFLX Non-Qualfied Stock Option (right to buy) Options Exercise $0 -3.62K -100% $0.00 0 Nov 4, 2025 Common Stock 3.62K $403.13 Direct F3
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -3.3K -100% $0.00 0 Nov 4, 2025 Common Stock 3.3K $441.44 Direct F3
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -3.32K -100% $0.00 0 Nov 4, 2025 Common Stock 3.32K $438.62 Direct F3
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -3.32K -100% $0.00 0 Nov 4, 2025 Common Stock 3.32K $439.88 Direct F3
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -3.83K -100% $0.00 0 Nov 4, 2025 Common Stock 3.83K $380.33 Direct F3
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -3.47K -100% $0.00 0 Nov 4, 2025 Common Stock 3.47K $420.19 Direct F3
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -3.13K -100% $0.00 0 Nov 4, 2025 Common Stock 3.13K $465.74 Direct F3
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -3.11K -100% $0.00 0 Nov 4, 2025 Common Stock 3.11K $468.50 Direct F3
* 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 Reflects restricted stock units (RSUs) that following vesting, settled in shares of Netflix common stock on a one-for-one basis.
F2 Shares withheld to satisfy tax withholding obligations arising out of the vesting of RSUs.
F3 Transaction made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 8/5/2025.
F4 Each RSU represents a contingent right to receive one share of Netflix common stock.
F5 On January 25, 2024, the Reporting Person was granted 6,524 RSUs. Subject to the terms and conditions of the underlying award agreement, 1/12th of the RSUs vest on a quarterly basis beginning on February 3, 2024 (or, to the extent it is not a trading day, the first trading day thereafter).
F6 On January 23, 2025, the Reporting Person was granted 3,634 RSUs. Subject to the terms and conditions of the underlying award agreement, 1/12th of the RSUs vest on a quarterly basis beginning on February 3, 2025 (or, to the extent it is not a trading day, the first trading day thereafter).