NETFLIX INC — Director's Dealing 2025

Oct 3, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NETFLIX INC (NFLX)
CIK: 0001065280
Period of Report: 2025-10-01

Reporting Person: HASTINGS REED (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-10-01	Common Stock	M	42176	$94.09	Acquired	42570	Direct
2025-10-01	Common Stock	S	400	$1164.15	Disposed	42170	Direct
2025-10-01	Common Stock	S	900	$1165.6511	Disposed	41270	Direct
2025-10-01	Common Stock	S	1400	$1166.8558	Disposed	39870	Direct
2025-10-01	Common Stock	S	4318	$1168.1168	Disposed	35552	Direct
2025-10-01	Common Stock	S	4781	$1168.9818	Disposed	30771	Direct
2025-10-01	Common Stock	S	4467	$1169.8995	Disposed	26304	Direct
2025-10-01	Common Stock	S	5474	$1171.0321	Disposed	20830	Direct
2025-10-01	Common Stock	S	4333	$1171.9441	Disposed	16497	Direct
2025-10-01	Common Stock	S	1868	$1172.9319	Disposed	14629	Direct
2025-10-01	Common Stock	S	2289	$1173.9375	Disposed	12340	Direct
2025-10-01	Common Stock	S	3990	$1175.1586	Disposed	8350	Direct
2025-10-01	Common Stock	S	3232	$1176.0671	Disposed	5118	Direct
2025-10-01	Common Stock	S	2273	$1177.1849	Disposed	2845	Direct
2025-10-01	Common Stock	S	2251	$1178.1493	Disposed	594	Direct
2025-10-01	Common Stock	S	200	$1178.915	Disposed	394	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-10-01	Non-Qualified Stock Option (right to buy)	$94.09	M	42176	Disposed	2026-02-01	Common Stock (42176)	Direct
2025-10-01	Non-Qualified Stock Option (right to buy)	$1170.90	A	53	Acquired	2035-10-01	Common Stock (53)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2154241	Indirect

Footnotes

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 $1,164.03 to $1,164.51. 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 $1,165.18 to $1,166.09. 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 $1,166.3011 to $1,167.07. 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 $1,167.45 to $1,168.44. 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.

F6: This transaction was executed in multiple trades at prices ranging from $1,168.45 to $1,169.3419. 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 $1,169.4735 to $1,170.47. 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 $1,170.577 to $1,171.5743. 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 $1,171.59 to $1,172.58. 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 $1,172.59 to $1,173.445. 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 $1,173.59 to $1,174.49. 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.

F12: This transaction was executed in multiple trades at prices ranging from $1,174.6094 to $1,175.60. 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 $1,175.6527 to $1,176.64. 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 $1,176.78 to $1,177.7558. 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 $1,177.781 to $1,178.52. 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 $1,178.84 to $1,178.99. 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: As Trustee of the Hastings-Quillin Family Trust