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	2142	$1121.828	Disposed	281844	Indirect
2025-04-29	Common Stock	S	721	$1121.828	Disposed	94319	Indirect
2025-04-29	Common Stock	S	2833	$1120.973	Disposed	279011	Indirect
2025-04-29	Common Stock	S	954	$1120.973	Disposed	93365	Indirect
2025-04-29	Common Stock	S	1197	$1120.061	Disposed	277814	Indirect
2025-04-29	Common Stock	S	403	$1120.061	Disposed	92962	Indirect
2025-04-29	Common Stock	S	1072	$1118.955	Disposed	276742	Indirect
2025-04-29	Common Stock	S	361	$1118.955	Disposed	92601	Indirect
2025-04-29	Common Stock	S	340	$1118.029	Disposed	276402	Indirect
2025-04-29	Common Stock	S	114	$1118.029	Disposed	92487	Indirect
2025-04-29	Common Stock	S	384	$1116.746	Disposed	276018	Indirect
2025-04-29	Common Stock	S	129	$1116.746	Disposed	92358	Indirect
2025-04-29	Common Stock	S	524	$1115.675	Disposed	275494	Indirect
2025-04-29	Common Stock	S	176	$1115.675	Disposed	92182	Indirect
2025-04-29	Common Stock	S	299	$1114.593	Disposed	275195	Indirect
2025-04-29	Common Stock	S	101	$1114.593	Disposed	92081	Indirect
2025-04-29	Common Stock	S	1047	$1113.566	Disposed	274148	Indirect
2025-04-29	Common Stock	S	353	$1113.566	Disposed	91728	Indirect
2025-04-29	Common Stock	S	1656	$1112.561	Disposed	272492	Indirect
2025-04-29	Common Stock	S	558	$1112.561	Disposed	91170	Indirect
2025-04-29	Common Stock	S	2798	$1111.547	Disposed	269694	Indirect
2025-04-29	Common Stock	S	942	$1111.547	Disposed	90228	Indirect
2025-04-29	Common Stock	S	1888	$1110.516	Disposed	267806	Indirect
2025-04-29	Common Stock	S	636	$1110.516	Disposed	89592	Indirect
2025-04-29	Common Stock	S	1695	$1109.562	Disposed	266111	Indirect
2025-04-29	Common Stock	S	571	$1109.562	Disposed	89021	Indirect
2025-04-29	Common Stock	S	2815	$1108.452	Disposed	263296	Indirect
2025-04-29	Common Stock	S	948	$1108.452	Disposed	88073	Indirect
2025-04-29	Common Stock	S	2489	$1107.461	Disposed	260807	Indirect
2025-04-29	Common Stock	S	839	$1107.461	Disposed	87234	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 $1,122.480 to $1,121.490 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 $1,121.470 to $1,120.490 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 $1,120.460 to $1,119.570 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 $1,119.460 to $1,118.480 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 $1,118.420 to $1,117.640 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 $1,117.420 to $1,116.490 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 $1,116.090 to $1,115.140 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 $1,114.990 to $1,114.090 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 $1,113.990 to $1,113.000 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.

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 $1,112.990 to $1,112.060 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: 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 $1,111.990 to $1,111.030 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.

F12: 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 $1,110.990 to $1,110.020 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.

F13: 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 $1,109.960 to $1,108.990 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.

F14: 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 $1,108.900 to $1,107.915 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.

F15: 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 $1,107.840 to $1,106.860 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.

F16: 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.

F17: 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.