NETFLIX INC — Director's Dealing 2025

May 1, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NETFLIX INC (NFLX)
CIK: 0001065280
Period of Report: 2025-04-29

Reporting Person: Hoag Jay C (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-04-29	Common Stock	S	1726	$1106.442	Disposed	259081	Indirect
2025-04-29	Common Stock	S	582	$1106.442	Disposed	86652	Indirect
2025-04-29	Common Stock	S	1531	$1105.368	Disposed	257550	Indirect
2025-04-29	Common Stock	S	515	$1105.368	Disposed	86137	Indirect
2025-04-29	Common Stock	S	2843	$1104.055	Disposed	254707	Indirect
2025-04-29	Common Stock	S	957	$1104.055	Disposed	85180	Indirect
2025-04-29	Common Stock	S	3425	$1103.067	Disposed	251282	Indirect
2025-04-29	Common Stock	S	1154	$1103.067	Disposed	84026	Indirect
2025-04-29	Common Stock	S	3345	$1102.128	Disposed	247937	Indirect
2025-04-29	Common Stock	S	1127	$1102.128	Disposed	82899	Indirect
2025-04-29	Common Stock	S	5215	$1100.984	Disposed	242722	Indirect
2025-04-29	Common Stock	S	1757	$1100.984	Disposed	81142	Indirect
2025-04-29	Common Stock	S	3832	$1099.990	Disposed	238890	Indirect
2025-04-29	Common Stock	S	1291	$1099.990	Disposed	79851	Indirect
2025-04-29	Common Stock	S	673	$1099.056	Disposed	238217	Indirect
2025-04-29	Common Stock	S	227	$1099.056	Disposed	79624	Indirect
2025-04-29	Common Stock	S	898	$1097.495	Disposed	237319	Indirect
2025-04-29	Common Stock	S	303	$1097.495	Disposed	79321	Indirect
2025-04-29	Common Stock	S	833	$1096.714	Disposed	236486	Indirect
2025-04-29	Common Stock	S	281	$1096.714	Disposed	79040	Indirect

Footnotes

F1: Transaction made pursuant to duly adopted trading plan under Rule 10b5-1(c). The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $1,106.790 to $1,106.000 per share. The Reporting Person hereby undertakes to provide upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

F2: Transaction made pursuant to duly adopted trading plan under Rule 10b5-1(c). The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $1,105.785 to $1,104.800 per share. The Reporting Person hereby undertakes to provide upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

F3: Transaction made pursuant to duly adopted trading plan under Rule 10b5-1(c). The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $1,104.715 to $1,103.720 per share. The Reporting Person hereby undertakes to provide upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

F4: Transaction made pursuant to duly adopted trading plan under Rule 10b5-1(c). The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $1,103.690 to $1,102.740 per share. The Reporting Person hereby undertakes to provide upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

F5: Transaction made pursuant to duly adopted trading plan under Rule 10b5-1(c). The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $1,102.545 to $1,101.645 per share. The Reporting Person hereby undertakes to provide upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

F6: Transaction made pursuant to duly adopted trading plan under Rule 10b5-1(c). The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $1,101.530 to $1,100.540 per share. The Reporting Person hereby undertakes to provide upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

F7: Transaction made pursuant to duly adopted trading plan under Rule 10b5-1(c). The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $1,100.470 to $1,099.500 per share. The Reporting Person hereby undertakes to provide upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

F8: Transaction made pursuant to duly adopted trading plan under Rule 10b5-1(c). The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $1,099.245 to $1,098.520 per share. The Reporting Person hereby undertakes to provide upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

F9: Transaction made pursuant to duly adopted trading plan under Rule 10b5-1(c). The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $1,098.190 to $1,097.230 per share. The Reporting Person hereby undertakes to provide upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

F10: Transaction made pursuant to duly adopted trading plan under Rule 10b5-1(c). The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $1,097.140 to $1,096.185 per share. The Reporting Person hereby undertakes to provide upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

F11: These shares are held by Hoag Family Trust, dated August 2, 1994. Jay C. Hoag is a trustee of Hoag Family Trust, dated August 2, 1994. Mr. Hoag disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.

F12: These shares are held by Hamilton Investments Limited Partnership. Jay C. Hoag is the general partner of Hamilton Investments Limited Partnership. Mr. Hoag disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.