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

Reporting relationship: Chief Legal Officer
Issuer ticker: NFLX
Reported as of: 03 Nov 2025
Net transaction value: -$21,382,494
SEC form: 4
Accepted by SEC: 05 Nov 2025, 21:43:17 UTC
Prior SEC filing: 06 Aug 2025
Next SEC filing: 08 Jan 2026
Source filing: View source filing
Reporting owner signature: By: Veronique Bourdeau, Authorized Signatory For: David A. Hyman

Key filing fact

David A. Hyman filed Form 4 for NETFLIX INC (NFLX) on 05 Nov 2025.

Key facts

This page summarizes David A. Hyman's Form 4 filing for NETFLIX INC (NFLX).
28 reported transactions and 12 derivative rows are listed below.
Accepted by SEC: 05 Nov 2025, 21:43.

Change

Previous filing in this sequence was filed on 06 Aug 2025.
Current net transaction value: -$21,382,494.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001507747 Primary reporting owner

HYMAN DAVID A

Relationship: Chief Legal Officer
Address: 121 ALBRIGHT WAY, LOS GATOS
Signature: By: Veronique Bourdeau, Authorized Signatory For: David A. Hyman
Signature date: 05 Nov 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

NFLX transaction

Common Stock

Options Exercise

Transaction value
Shares: +544
Change %: +1.7%
Price
Shares after: 32,154
Date: 03 Nov 2025
Ownership: Direct
Footnotes: F1

NFLX transaction

Common Stock

Options Exercise

Transaction value
Shares: +303
Change %: +0.94%
Price
Shares after: 32,457
Date: 03 Nov 2025
Ownership: Direct
Footnotes: F1

NFLX transaction

Common Stock

Tax liability

Transaction value: $303,211
Shares: -271
Change %: -0.83%
Price: $1118.86
Shares after: 32,186
Date: 03 Nov 2025
Ownership: Direct
Footnotes: F2

NFLX transaction

Common Stock

Tax liability

Transaction value: $168,948
Shares: -151
Change %: -0.47%
Price: $1118.86
Shares after: 32,035
Date: 03 Nov 2025
Ownership: Direct
Footnotes: F2

NFLX transaction

Common Stock

Options Exercise

Transaction value: $984,466
Shares: +1,648
Change %: +5.1%
Price: $597.37
Shares after: 33,683
Date: 04 Nov 2025
Ownership: Direct
Footnotes: F3

NFLX transaction

Common Stock

Options Exercise

Transaction value: $1,041,799
Shares: +2,279
Change %: +6.8%
Price: $457.13
Shares after: 35,962
Date: 04 Nov 2025
Ownership: Direct
Footnotes: F3

NFLX transaction

Common Stock

Options Exercise

Transaction value: $1,458,121
Shares: +3,617
Change %: +10%
Price: $403.13
Shares after: 39,579
Date: 04 Nov 2025
Ownership: Direct
Footnotes: F3

NFLX transaction

Common Stock

Options Exercise

Transaction value: $1,458,518
Shares: +3,304
Change %: +8.3%
Price: $441.44
Shares after: 42,883
Date: 04 Nov 2025
Ownership: Direct
Footnotes: F3

NFLX transaction

Common Stock

Options Exercise

Transaction value: $1,457,973
Shares: +3,324
Change %: +7.8%
Price: $438.62
Shares after: 46,207
Date: 04 Nov 2025
Ownership: Direct
Footnotes: F3

NFLX transaction

Common Stock

Options Exercise

Transaction value: $1,458,642
Shares: +3,316
Change %: +7.2%
Price: $439.88
Shares after: 49,523
Date: 04 Nov 2025
Ownership: Direct
Footnotes: F3

NFLX transaction

Common Stock

Options Exercise

Transaction value: $1,458,185
Shares: +3,834
Change %: +7.7%
Price: $380.33
Shares after: 53,357
Date: 04 Nov 2025
Ownership: Direct
Footnotes: F3

NFLX transaction

Common Stock

Options Exercise

Transaction value: $1,458,479
Shares: +3,471
Change %: +6.5%
Price: $420.19
Shares after: 56,828
Date: 04 Nov 2025
Ownership: Direct
Footnotes: F3

NFLX transaction

Common Stock

Options Exercise

Transaction value: $1,458,232
Shares: +3,131
Change %: +5.5%
Price: $465.74
Shares after: 59,959
Date: 04 Nov 2025
Ownership: Direct
Footnotes: F3

NFLX transaction

Common Stock

Options Exercise

Transaction value: $1,458,440
Shares: +3,113
Change %: +5.2%
Price: $468.50
Shares after: 63,072
Date: 04 Nov 2025
Ownership: Direct
Footnotes: F3

NFLX transaction

Common Stock

Sale

Transaction value: $462,491
Shares: -425
Change %: -0.67%
Price: $1088.22
Shares after: 62,647
Date: 04 Nov 2025
Ownership: Direct

NFLX transaction

Common Stock

Sale

Transaction value: $34,140,700
Shares: -31,037
Change %: -50%
Price: $1100.00
Shares after: 31,610
Date: 04 Nov 2025
Ownership: Direct
Footnotes: F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

NFLX transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -544
Change %: -20%
Price: $0.000000
Shares after: 2,175
Date: 03 Nov 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 544
Exercise price
Footnotes: F4, F5

NFLX transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -303
Change %: -11%
Price: $0.000000
Shares after: 2,423
Date: 03 Nov 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 303
Exercise price
Footnotes: F4, F6

NFLX transaction Derivative

Non-Qualified Stock Option (right to buy)

Options Exercise

Transaction value: $0
Shares: -1,648
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 04 Nov 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 1,648
Exercise price: $597.37
Footnotes: F3

NFLX transaction Derivative

Non-Qualified Stock Option (right to buy)

Options Exercise

Transaction value: $0
Shares: -2,279
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 04 Nov 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 2,279
Exercise price: $457.13
Footnotes: F3

NFLX transaction Derivative

Non-Qualfied Stock Option (right to buy)

Options Exercise

Transaction value: $0
Shares: -3,617
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 04 Nov 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 3,617
Exercise price: $403.13
Footnotes: F3

NFLX transaction Derivative

Non-Qualified Stock Option (right to buy)

Options Exercise

Transaction value: $0
Shares: -3,304
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 04 Nov 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 3,304
Exercise price: $441.44
Footnotes: F3

NFLX transaction Derivative

Non-Qualified Stock Option (right to buy)

Options Exercise

Transaction value: $0
Shares: -3,324
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 04 Nov 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 3,324
Exercise price: $438.62
Footnotes: F3

NFLX transaction Derivative

Non-Qualified Stock Option (right to buy)

Options Exercise

Transaction value: $0
Shares: -3,316
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 04 Nov 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 3,316
Exercise price: $439.88
Footnotes: F3

NFLX transaction Derivative

Non-Qualified Stock Option (right to buy)

Options Exercise

Transaction value: $0
Shares: -3,834
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 04 Nov 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 3,834
Exercise price: $380.33
Footnotes: F3

NFLX transaction Derivative

Non-Qualified Stock Option (right to buy)

Options Exercise

Transaction value: $0
Shares: -3,471
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 04 Nov 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 3,471
Exercise price: $420.19
Footnotes: F3

NFLX transaction Derivative

Non-Qualified Stock Option (right to buy)

Options Exercise

Transaction value: $0
Shares: -3,131
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 04 Nov 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 3,131
Exercise price: $465.74
Footnotes: F3

NFLX transaction Derivative

Non-Qualified Stock Option (right to buy)

Options Exercise

Transaction value: $0
Shares: -3,113
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 04 Nov 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 3,113
Exercise price: $468.50
Footnotes: F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 6 footnotes

Footnote F1

Reflects restricted stock units (RSUs) that following vesting, settled in shares of Netflix common stock on a one-for-one basis.

Footnote F2

Shares withheld to satisfy tax withholding obligations arising out of the vesting of RSUs.

Footnote F3

Transaction made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 8/5/2025.

Footnote F4

Each RSU represents a contingent right to receive one share of Netflix common stock.

Footnote 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).

Footnote 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).