Netflix insider plans sale of 105,850 shares

Theodore A. Sarandos, associated with Netflix (NFLX), has filed to sell 105,850 shares of common stock through Merrill Lynch on Nasdaq under Rule 144.

Rhea-AI Filing Summary

Theodore A. Sarandos, associated with Netflix (NFLX), has filed to sell 105,850 shares of common stock through Merrill Lynch on Nasdaq under Rule 144. These shares relate to a 01/07/2025 Performance Stock Unit vesting event reported as issuer-originated stock.

The filing also lists prior sales of Netflix common stock by Sarandos on 05/04/2026, including 13,017 shares for $1,145,006.52, 7,256 shares for $638,324.76, and 7,039 shares for $619,246.20. The proposed sale has an aggregate market value of $7,730,001.69.

Key Figures

Shares proposed for sale: 105850 shares Aggregate market value of proposed sale: $7,730,001.69 PSU vesting date: 01/07/2025 +4 more

7 metrics

Shares proposed for sale 105850 shares Common stock to be sold through Merrill Lynch on Nasdaq under Rule 144

Aggregate market value of proposed sale $7,730,001.69 Value associated with 105,850 shares of Netflix common stock

PSU vesting date 01/07/2025 Performance Stock Unit Vesting related to the shares to be sold

Shares sold 05/04/2026 (lot 1) 13017 shares Common stock sold by Theodore A. Sarandos for $1,145,006.52

Proceeds 05/04/2026 (lot 1) $1,145,006.52 Sale proceeds for 13,017 shares of common stock

Shares sold 05/04/2026 (lot 2) 7256 shares Common stock sold by Theodore A. Sarandos for $638,324.76

Shares sold 05/04/2026 (lot 3) 7039 shares Common stock sold by Theodore A. Sarandos for $619,246.20

Key Terms

Rule 144, Performance Stock Unit Vesting, common stock

3 terms

Rule 144 regulatory

"Merrill Lynch ... Nasdaq 144: Securities To Be Sold"

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

Performance Stock Unit Vesting financial

"Common Stock | 01/07/2025 | Performance Stock Unit Vesting | Issuer"

common stock financial

"Common Stock | Merrill Lynch 555 California St Fl 18"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does Netflix (NFLX) insider Theodore Sarandos disclose in this Form 144?

The filing shows Theodore A. Sarandos intends to sell 105,850 shares of Netflix common stock under Rule 144, following shares received from a Performance Stock Unit vesting on 01/07/2025 and lists several prior sales on 05/04/2026.

How many Netflix (NFLX) shares does Theodore Sarandos plan to sell?

Sarandos plans to sell 105,850 shares of Netflix common stock. The planned transaction is to be executed through Merrill Lynch on Nasdaq, with an indicated aggregate market value of $7,730,001.69 for the proposed sale.

What prior sales of Netflix (NFLX) stock are listed for Theodore Sarandos?

On 05/04/2026, Sarandos is reported to have sold 13,017 shares for $1,145,006.52, 7,256 shares for $638,324.76, and 7,039 shares for $619,246.20. These transactions are disclosed as securities sold during the past three months.

How is the proposed Theodore Sarandos Netflix (NFLX) sale related to his compensation?

The 105,850 shares to be sold are tied to a Performance Stock Unit Vesting dated 01/07/2025. The filing identifies the source as the Issuer, indicating these shares arose from an equity compensation vesting event.

On which exchange will the Theodore Sarandos Netflix (NFLX) shares be sold?

The proposed 105,850-share sale of Netflix common stock by Theodore Sarandos is indicated for trading on the Nasdaq market. Merrill Lynch is listed as the broker handling the transaction at its San Francisco, California office.

What is the indicated dollar value of the Netflix (NFLX) shares Theodore Sarandos plans to sell?

The planned sale of 105,850 shares of Netflix common stock has an indicated aggregate market value of $7,730,001.69. This valuation is part of the Rule 144 disclosure for the proposed Merrill Lynch–facilitated transaction.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/03/2026 - 04:59 PM Accepted by SEC EDGAR 08/03/2026 - 04:59 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001393838
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	NETFLIX INC
SEC File Number	001-35727
Address of Issuer	121 Albright Way Los Gatos CALIFORNIA 95032
Phone	4085403700
Name of Person for Whose Account the Securities are To Be Sold	Theodore A Sarandos
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	Merrill Lynch 555 California St Fl 18 San Francisco CA 94104	105850	7730001.69	4163939676	08/03/2026	Nasdaq

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	01/07/2025	Performance Stock Unit Vesting	Issuer			105850	01/07/2025	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Theodore A Sarandos 121 Albright Way Los Gatos CA 95032	Common Stock	05/04/2026	13017	1145006.52
Theodore A Sarandos 121 Albright Way Los Gatos CA 95032	Common Stock	05/04/2026	7256	638324.76
Theodore A Sarandos 121 Albright Way Los Gatos CA 95032	Common Stock	05/04/2026	7039	619246.2

144: Remarks and Signature

Remarks
Date of Notice	08/03/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	05/04/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	Theodore A Sarandos
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)