HASTINGS REED - 02 Jan 2026 Form 4 Insider Report for NETFLIX INC (NFLX)

Role
Director
Signature
Veronique Bourdeau, Authorized Signatory For: Reed Hastings
Issuer symbol
NFLX
Transactions as of
02 Jan 2026
Net transactions value
-$35,108,283
Form type
4
Filing time
05 Jan 2026, 21:18:56 UTC
Previous filing
02 Dec 2025
Next filing
03 Feb 2026
SEC
View on sec.gov

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 05 Jan 2026 0001033331

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NFLX Common Stock Options Exercise $3,969,186 +426,290 +10820% $9.31 430,230 02 Jan 2026 Direct F1
transaction NFLX Common Stock Sale $24,050,656 -263,768 -61% $91.18 166,462 02 Jan 2026 Direct F1, F2
transaction NFLX Common Stock Sale $13,509,071 -146,324 -88% $92.32 20,138 02 Jan 2026 Direct F1, F3
transaction NFLX Common Stock Sale $586,378 -6,290 -31% $93.22 13,848 02 Jan 2026 Direct F1, F4
transaction NFLX Common Stock Sale $931,365 -9,908 -72% $94.00 3,940 02 Jan 2026 Direct F1, F5
holding NFLX Common Stock 21,401,520 02 Jan 2026 by Trust F6

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 -426,290 -100% $0.000000 0 02 Jan 2026 Common Stock 426,290 $9.31 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) Award $0 +687 $0.000000 687 02 Jan 2026 Common Stock 687 $90.99 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 $90.825 to $91.82. 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.
F3 This transaction was executed in multiple trades at prices ranging from $91.83 to $92.82. 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.
F4 This transaction was executed in multiple trades at prices ranging from $92.825 to $93.79. 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 $93.88 to $94.11. 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.
F6 As Trustee of the Hastings-Quillin Family Trust.