Bradford L. Smith - 15 Jan 2026 Form 4 Insider Report for NETFLIX INC (NFLX)

Role
Director
Signature
By: Veronique Bourdeau, Authorized Signatory For: Bradford L. Smith
Issuer symbol
NFLX
Transactions as of
15 Jan 2026
Net transactions value
-$2,512,264
Form type
4
Filing time
16 Jan 2026, 20:00:16 UTC
Previous filing
05 Jan 2026
Next filing
03 Feb 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
SMITH BRADFORD L Director 121 ALBRIGHT WAY, LOS GATOS By: Veronique Bourdeau, Authorized Signatory For: Bradford L. Smith 16 Jan 2026 0001193119

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NFLX Common Stock Options Exercise $62,482 +6,640 +8.3% $9.41 86,330 15 Jan 2026 Direct F1
transaction NFLX Common Stock Options Exercise $62,519 +6,360 +7.4% $9.83 92,690 15 Jan 2026 Direct F1
transaction NFLX Common Stock Options Exercise $62,469 +5,910 +6.4% $10.57 98,600 15 Jan 2026 Direct F1
transaction NFLX Common Stock Options Exercise $62,563 +6,720 +6.8% $9.31 105,320 15 Jan 2026 Direct F1
transaction NFLX Common Stock Options Exercise $62,524 +6,160 +5.8% $10.15 111,480 15 Jan 2026 Direct F1
transaction NFLX Common Stock Sale $998,036 -11,306 -10% $88.27 100,174 15 Jan 2026 Direct F1, F2
transaction NFLX Common Stock Sale $1,824,090 -20,454 -20% $89.18 79,720 15 Jan 2026 Direct F1, F3
transaction NFLX Common Stock Sale $2,696 -30 -0.04% $89.86 79,690 15 Jan 2026 Direct F1, F4

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 -6,640 -100% $0.000000 0 15 Jan 2026 Common Stock 6,640 $9.41 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -6,360 -100% $0.000000 0 15 Jan 2026 Common Stock 6,360 $9.83 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -5,910 -100% $0.000000 0 15 Jan 2026 Common Stock 5,910 $10.57 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -6,720 -100% $0.000000 0 15 Jan 2026 Common Stock 6,720 $9.31 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -6,160 -100% $0.000000 0 15 Jan 2026 Common Stock 6,160 $10.15 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 2/10/2025.
F2 This transaction was executed in multiple trades at prices ranging from $87.84 to $88.835. 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 $88.84 to $89.82. 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 $89.85 to $89.86. 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.

Remarks:

Adjusted to reflect a ten-for-one forward split of the Issuer's common stock effective after market close on November 14, 2025.