Form 4: NFLX director Jay C. Hoag reports 54-share option exercise

Rhea-AI Filing Summary

Jay C. Hoag, a director of Netflix, Inc. (NFLX), reported a transaction dated 10/01/2025 on a Form 4. The filing shows a Non-Qualified Stock Option transaction that resulted in 54 shares of Common Stock being acquired and held directly following the transaction. The option lists $1,170.9 in the adjacent field in the table and an exercise/vesting window showing 10/01/2025 (date exercisable) through 10/01/2035 (expiration). The Form 4 was signed on behalf of Mr. Hoag by Frederic D. Fenton on 10/02/2025.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Hoag Jay C

(Last) (First) (Middle)

250 MIDDLEFIELD ROAD

(Street)

MENLO PARK CA 94025

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
NETFLIX INC [ NFLX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Non-Qualified Stock Option (right to buy)	$1,170.9	10/01/2025		A		54		10/01/2025	10/01/2035	Common Stock	54	$0	54	D

Explanation of Responses:

	/s/ Frederic D. Fenton Authorized Signatory for Jay C. Hoag	10/02/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Jay C. Hoag report on the Form 4 for NFLX?

The Form 4 reports a Non-Qualified Stock Option transaction on 10/01/2025 that resulted in the acquisition of 54 shares of Netflix common stock held directly.

How many Netflix (NFLX) shares does the filing show were acquired?

The filing shows 54 shares of Common Stock were acquired following the reported transaction.

What is the relationship of the reporting person to Netflix (NFLX)?

The reporting person, Jay C. Hoag, is listed as a Director of Netflix.

What dates are shown for the transaction and signature on the Form 4?

The transaction date is 10/01/2025 and the Form 4 was signed by an authorized signatory on 10/02/2025.

Does the filing indicate how the shares are owned (direct or indirect)?

Yes, the 54 shares are reported as owned directly (D) following the transaction.