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NETFLIX INC — Director's Dealing 2025
Nov 5, 2025
29748_dirs_2025-11-04_71fe5198-9869-4170-a350-23569be358b9.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: Neumann Spencer Adam (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-11-03 | Common Stock | M | 2600 | $269.58 | Acquired | 6291 | Direct |
| 2025-11-03 | Common Stock | S | 30 | $1079.4233 | Disposed | 6261 | Direct |
| 2025-11-03 | Common Stock | S | 40 | $1083.1975 | Disposed | 6221 | Direct |
| 2025-11-03 | Common Stock | S | 40 | $1084.295 | Disposed | 6181 | Direct |
| 2025-11-03 | Common Stock | S | 40 | $1086.02 | Disposed | 6141 | Direct |
| 2025-11-03 | Common Stock | S | 40 | $1086.9475 | Disposed | 6101 | Direct |
| 2025-11-03 | Common Stock | S | 60 | $1087.7867 | Disposed | 6041 | Direct |
| 2025-11-03 | Common Stock | S | 70 | $1089.1786 | Disposed | 5971 | Direct |
| 2025-11-03 | Common Stock | S | 60 | $1090.0633 | Disposed | 5911 | Direct |
| 2025-11-03 | Common Stock | S | 111 | $1091.2345 | Disposed | 5800 | Direct |
| 2025-11-03 | Common Stock | S | 100 | $1092.352 | Disposed | 5700 | Direct |
| 2025-11-03 | Common Stock | S | 110 | $1093.4336 | Disposed | 5590 | Direct |
| 2025-11-03 | Common Stock | S | 156 | $1094.3076 | Disposed | 5434 | Direct |
| 2025-11-03 | Common Stock | S | 190 | $1095.3195 | Disposed | 5244 | Direct |
| 2025-11-03 | Common Stock | S | 250 | $1096.3396 | Disposed | 4994 | Direct |
| 2025-11-03 | Common Stock | S | 110 | $1097.4745 | Disposed | 4884 | Direct |
| 2025-11-03 | Common Stock | S | 180 | $1098.4539 | Disposed | 4704 | Direct |
| 2025-11-03 | Common Stock | S | 244 | $1099.4575 | Disposed | 4460 | Direct |
| 2025-11-03 | Common Stock | S | 90 | $1100.9811 | Disposed | 4370 | Direct |
| 2025-11-03 | Common Stock | S | 40 | $1102.39 | Disposed | 4330 | Direct |
| 2025-11-03 | Common Stock | S | 10 | $1103.72 | Disposed | 4320 | Direct |
| 2025-11-03 | Common Stock | S | 10 | $1105.20 | Disposed | 4310 | Direct |
| 2025-11-03 | Common Stock | S | 30 | $1106.7067 | Disposed | 4280 | Direct |
| 2025-11-03 | Common Stock | S | 30 | $1107.9533 | Disposed | 4250 | Direct |
| 2025-11-03 | Common Stock | S | 10 | $1108.96 | Disposed | 4240 | Direct |
| 2025-11-03 | Common Stock | S | 70 | $1111.2014 | Disposed | 4170 | Direct |
| 2025-11-03 | Common Stock | S | 40 | $1112.095 | Disposed | 4130 | Direct |
| 2025-11-03 | Common Stock | S | 30 | $1113.34 | Disposed | 4100 | Direct |
| 2025-11-03 | Common Stock | S | 80 | $1115.3413 | Disposed | 4020 | Direct |
| 2025-11-03 | Common Stock | S | 89 | $1116.6252 | Disposed | 3931 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-11-03 | Non-Qualified Stock Option (right to buy) | $269.58 | M | 2600 | Disposed | 2029-10-01 | Common Stock (2600) | Direct |
Footnotes
F1: Transaction made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 10/29/2024.
F2: This transaction was executed in multiple trades at prices ranging from $1,079.12 to $1,079.78. 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 $1,082.75 to $1,083.70. 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 $1,084.07 to $1,084.87. 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 $1,085.41 to $1,086.34. 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: This transaction was executed in multiple trades at prices ranging from $1,086.43 to $1,087.39. 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.
F7: This transaction was executed in multiple trades at prices ranging from $1,087.49 to $1,088.31. 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.
F8: This transaction was executed in multiple trades at prices ranging from $1,088.66 to $1,089.62. 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.
F9: This transaction was executed in multiple trades at prices ranging from $1,089.66 to $1,090.58. 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.
F10: This transaction was executed in multiple trades at prices ranging from $1,090.68 to $1,091.65. 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.
F11: This transaction was executed in multiple trades at prices ranging from $1,091.71 to $1,092.69. 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.
F12: This transaction was executed in multiple trades at prices ranging from $1,092.86 to $1,093.84. 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.
F13: This transaction was executed in multiple trades at prices ranging from $1,093.89 to $1,094.85. 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.
F14: This transaction was executed in multiple trades at prices ranging from $1,094.89 to $1,095.84. 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.
F15: This transaction was executed in multiple trades at prices ranging from $1,095.89 to $1,096.77. 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.
F16: This transaction was executed in multiple trades at prices ranging from $1,096.94 to $1,097.86. 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.
F17: This transaction was executed in multiple trades at prices ranging from $1,097.95 to $1,098.93. 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.
F18: This transaction was executed in multiple trades at prices ranging from $1,098.95 to $1,099.87. 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.
F19: This transaction was executed in multiple trades at prices ranging from $1,100.46 to $1,101.31. 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.
F20: This transaction was executed in multiple trades at prices ranging from $1,102.25 to $1,102.61. 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.
F21: This transaction was executed in multiple trades at prices ranging from $1,106.22 to $1,107.13. 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.
F22: This transaction was executed in multiple trades at prices ranging from $1,107.79 to $1,108.18. 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.
F23: This transaction was executed in multiple trades at prices ranging from $1,110.74 to $1,111.44. 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.
F24: This transaction was executed in multiple trades at prices ranging from $1,111.92 to $1,112.49. 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.
F25: This transaction was executed in multiple trades at prices ranging from $1,112.96 to $1,113.94. 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.
F26: This transaction was executed in multiple trades at prices ranging from $1,115.09 to $1,115.73. 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.
F27: This transaction was executed in multiple trades at prices ranging from $1,116.37 to $1,117.16. 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.