David A. Hyman - 03 Nov 2025 Form 4 Insider Report for NETFLIX INC (NFLX)

Role
Chief Legal Officer
Signature
By: Veronique Bourdeau, Authorized Signatory For: David A. Hyman
Issuer symbol
NFLX
Transactions as of
03 Nov 2025
Net transactions value
-$21,382,494
Form type
4
Filing time
05 Nov 2025, 21:43:17 UTC
Previous filing
06 Aug 2025
Next filing
08 Jan 2026
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 05 Nov 2025 0001507747

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NFLX Common Stock Options Exercise +544 +1.7% 32,154 03 Nov 2025 Direct F1
transaction NFLX Common Stock Options Exercise +303 +0.94% 32,457 03 Nov 2025 Direct F1
transaction NFLX Common Stock Tax liability $303,211 -271 -0.83% $1118.86 32,186 03 Nov 2025 Direct F2
transaction NFLX Common Stock Tax liability $168,948 -151 -0.47% $1118.86 32,035 03 Nov 2025 Direct F2
transaction NFLX Common Stock Options Exercise $984,466 +1,648 +5.1% $597.37 33,683 04 Nov 2025 Direct F3
transaction NFLX Common Stock Options Exercise $1,041,799 +2,279 +6.8% $457.13 35,962 04 Nov 2025 Direct F3
transaction NFLX Common Stock Options Exercise $1,458,121 +3,617 +10% $403.13 39,579 04 Nov 2025 Direct F3
transaction NFLX Common Stock Options Exercise $1,458,518 +3,304 +8.3% $441.44 42,883 04 Nov 2025 Direct F3
transaction NFLX Common Stock Options Exercise $1,457,973 +3,324 +7.8% $438.62 46,207 04 Nov 2025 Direct F3
transaction NFLX Common Stock Options Exercise $1,458,642 +3,316 +7.2% $439.88 49,523 04 Nov 2025 Direct F3
transaction NFLX Common Stock Options Exercise $1,458,185 +3,834 +7.7% $380.33 53,357 04 Nov 2025 Direct F3
transaction NFLX Common Stock Options Exercise $1,458,479 +3,471 +6.5% $420.19 56,828 04 Nov 2025 Direct F3
transaction NFLX Common Stock Options Exercise $1,458,232 +3,131 +5.5% $465.74 59,959 04 Nov 2025 Direct F3
transaction NFLX Common Stock Options Exercise $1,458,440 +3,113 +5.2% $468.50 63,072 04 Nov 2025 Direct F3
transaction NFLX Common Stock Sale $462,491 -425 -0.67% $1088.22 62,647 04 Nov 2025 Direct
transaction NFLX Common Stock Sale $34,140,700 -31,037 -50% $1100.00 31,610 04 Nov 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% $0.000000 2,175 03 Nov 2025 Common Stock 544 Direct F4, F5
transaction NFLX Restricted Stock Units Options Exercise $0 -303 -11% $0.000000 2,423 03 Nov 2025 Common Stock 303 Direct F4, F6
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -1,648 -100% $0.000000 0 04 Nov 2025 Common Stock 1,648 $597.37 Direct F3
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -2,279 -100% $0.000000 0 04 Nov 2025 Common Stock 2,279 $457.13 Direct F3
transaction NFLX Non-Qualfied Stock Option (right to buy) Options Exercise $0 -3,617 -100% $0.000000 0 04 Nov 2025 Common Stock 3,617 $403.13 Direct F3
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -3,304 -100% $0.000000 0 04 Nov 2025 Common Stock 3,304 $441.44 Direct F3
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -3,324 -100% $0.000000 0 04 Nov 2025 Common Stock 3,324 $438.62 Direct F3
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -3,316 -100% $0.000000 0 04 Nov 2025 Common Stock 3,316 $439.88 Direct F3
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -3,834 -100% $0.000000 0 04 Nov 2025 Common Stock 3,834 $380.33 Direct F3
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -3,471 -100% $0.000000 0 04 Nov 2025 Common Stock 3,471 $420.19 Direct F3
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -3,131 -100% $0.000000 0 04 Nov 2025 Common Stock 3,131 $465.74 Direct F3
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -3,113 -100% $0.000000 0 04 Nov 2025 Common Stock 3,113 $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).