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Netflix (NFLX) Chief Global Affairs Officer sells 3,136 company shares

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Netflix Inc.'s Chief Global Affairs Officer Cletus R. Willems sold shares in the company. On 02/10/2026, he executed an open-market sale of 3,136 shares of Netflix common stock at a price of $82.67 per share. Following this transaction, he reported beneficial ownership of 0 shares, all held directly.

Positive

  • None.

Negative

  • None.
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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Willems Cletus R

(Last) (First) (Middle)
121 ALBRIGHT WAY

(Street)
LOS GATOS CA 95032

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Global Affairs Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/10/2026
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
Common Stock 02/10/2026 S 3,136 D $82.67 0 D
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
Explanation of Responses:
Remarks:
By: Veronique Bourdeau, Authorized Signatory For: Cletus R Willems 02/11/2026
** 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 insider transaction did Netflix (NFLX) report for Cletus R. Willems?

Netflix reported that Chief Global Affairs Officer Cletus R. Willems sold common stock. On February 10, 2026, he executed an open-market sale of 3,136 Netflix common shares at $82.67 per share and reported owning zero shares directly after the transaction.

How many Netflix (NFLX) shares did Cletus R. Willems sell and at what price?

Cletus R. Willems sold 3,136 Netflix common shares at $82.67 each. The Form 4 classifies this as an open-market sale under transaction code "S," indicating a standard sale transaction rather than an acquisition or option exercise, and left him with no reported direct holdings.

What is Cletus R. Willems’ role at Netflix (NFLX) in this Form 4 filing?

Cletus R. Willems is identified as Netflix’s Chief Global Affairs Officer. The Form 4 confirms he is an officer of Netflix Inc., not a director or 10% owner, and reports his personal trading activity in the company’s common stock for the disclosed transaction date.

How many Netflix (NFLX) shares does Cletus R. Willems own after this sale?

After the reported transaction, Cletus R. Willems reported owning 0 Netflix shares. The Form 4 shows total securities beneficially owned following the sale as zero shares of common stock, with the holdings listed as directly owned rather than through an indirect entity.
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