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NETFLIX INC — Director's Dealing 2025
Nov 6, 2025
29748_dirs_2025-11-05_17dcbb43-c120-41bc-a94a-ed3a462d36f5.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: NETFLIX INC (NFLX)
CIK: 0001065280
Period of Report: 2025-11-03
Reporting Person: HYMAN DAVID A (Chief Legal Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-11-03 | Common Stock | M | 544 | — | Acquired | 32154 | Direct |
| 2025-11-03 | Common Stock | M | 303 | — | Acquired | 32457 | Direct |
| 2025-11-03 | Common Stock | F | 271 | $1118.86 | Disposed | 32186 | Direct |
| 2025-11-03 | Common Stock | F | 151 | $1118.86 | Disposed | 32035 | Direct |
| 2025-11-04 | Common Stock | M | 1648 | $597.37 | Acquired | 33683 | Direct |
| 2025-11-04 | Common Stock | M | 2279 | $457.13 | Acquired | 35962 | Direct |
| 2025-11-04 | Common Stock | M | 3617 | $403.13 | Acquired | 39579 | Direct |
| 2025-11-04 | Common Stock | M | 3304 | $441.44 | Acquired | 42883 | Direct |
| 2025-11-04 | Common Stock | M | 3324 | $438.62 | Acquired | 46207 | Direct |
| 2025-11-04 | Common Stock | M | 3316 | $439.88 | Acquired | 49523 | Direct |
| 2025-11-04 | Common Stock | M | 3834 | $380.33 | Acquired | 53357 | Direct |
| 2025-11-04 | Common Stock | M | 3471 | $420.19 | Acquired | 56828 | Direct |
| 2025-11-04 | Common Stock | M | 3131 | $465.74 | Acquired | 59959 | Direct |
| 2025-11-04 | Common Stock | M | 3113 | $468.50 | Acquired | 63072 | Direct |
| 2025-11-04 | Common Stock | S | 425 | $1088.215 | Disposed | 62647 | Direct |
| 2025-11-04 | Common Stock | S | 31037 | $1100 | Disposed | 31610 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-11-03 | Restricted Stock Units | $ | M | 544 | Disposed | Common Stock (544) | Direct | |
| 2025-11-03 | Restricted Stock Units | $ | M | 303 | Disposed | Common Stock (303) | Direct | |
| 2025-11-04 | Non-Qualified Stock Option (right to buy) | $597.37 | M | 1648 | Disposed | 2032-01-03 | Common Stock (1648) | Direct |
| 2025-11-04 | Non-Qualified Stock Option (right to buy) | $457.13 | M | 2279 | Disposed | 2032-02-01 | Common Stock (2279) | Direct |
| 2025-11-04 | Non-Qualfied Stock Option (right to buy) | $403.13 | M | 3617 | Disposed | 2033-06-01 | Common Stock (3617) | Direct |
| 2025-11-04 | Non-Qualified Stock Option (right to buy) | $441.44 | M | 3304 | Disposed | 2033-07-03 | Common Stock (3304) | Direct |
| 2025-11-04 | Non-Qualified Stock Option (right to buy) | $438.62 | M | 3324 | Disposed | 2033-08-01 | Common Stock (3324) | Direct |
| 2025-11-04 | Non-Qualified Stock Option (right to buy) | $439.88 | M | 3316 | Disposed | 2033-09-01 | Common Stock (3316) | Direct |
| 2025-11-04 | Non-Qualified Stock Option (right to buy) | $380.33 | M | 3834 | Disposed | 2033-10-02 | Common Stock (3834) | Direct |
| 2025-11-04 | Non-Qualified Stock Option (right to buy) | $420.19 | M | 3471 | Disposed | 2033-11-01 | Common Stock (3471) | Direct |
| 2025-11-04 | Non-Qualified Stock Option (right to buy) | $465.74 | M | 3131 | Disposed | 2033-12-01 | Common Stock (3131) | Direct |
| 2025-11-04 | Non-Qualified Stock Option (right to buy) | $468.50 | M | 3113 | Disposed | 2034-01-02 | Common Stock (3113) | Direct |
Footnotes
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).