NETFLIX INC Insider Trading Activity

Netflix Inc. Chief Legal Officer David A. Hyman reported equity compensation activity in Netflix common stock.

Accepted by SEC EDGAR 01/08/2026 - 08:49 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Netflix Inc. Chief Legal Officer David A. Hyman reported equity compensation activity in Netflix common stock. On 01/07/2026, he acquired 43,500 shares at a price of $0, reflecting performance-based restricted stock units that were deemed earned after the compensation committee certified results and that settle one-for-one in Netflix common stock. On the same date, 20,061 shares were withheld at a price of $90.65 to cover tax withholding obligations arising from the vesting of these units. After these transactions, Hyman directly beneficially owned 339,539 shares of Netflix common stock. The reported share amounts are adjusted to reflect a ten-for-one forward split of Netflix’s common stock that became effective after market close on November 14, 2025.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider HYMAN DAVID A

Role Chief Legal Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	43,500	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	20,061	$90.65	$1.82M

Holdings After Transaction: Common Stock — 339,539 shares (Direct)

Footnotes (2)

1. F1. Reflects performance-based restricted stock units (PSUs) deemed earned upon compensation committee certification of results that will settle in shares of Netflix common stock on a one-for-one basis.
2. F2. Shares withheld to satisfy tax withholding obligations arising out of the vesting of PSUs.

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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^*

HYMAN DAVID A

(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 Legal Officer

3. Date of Earliest Transaction (Month/Day/Year)
01/07/2026

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	01/07/2026		A(1)		43,500	A	$0	359,600	D
Common Stock	01/07/2026		F		20,061(2)	D	$90.65	339,539	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:

1. Reflects performance-based restricted stock units (PSUs) deemed earned upon compensation committee certification of results that will settle in shares of Netflix common stock on a one-for-one basis.

2. Shares withheld to satisfy tax withholding obligations arising out of the vesting of PSUs.

Remarks:

Adjusted to reflect a ten-for-one forward split of the Issuer's common stock effective after market close on November 14, 2025.

	By: Veronique Bourdeau, Authorized Signatory For: David A. Hyman	01/08/2026
	** 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.
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