Netflix legal chief Hyman sells 5,727 shares

Three restricted stock unit batches settled one-for-one into common shares on November 3, 2026, while shares were withheld for the related tax obligations.

Available on EDGAR 11/04/2026 - 06:34 PM EST Accepted by SEC EDGAR 11/04/2026 - 06:34 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Netflix Chief Legal Officer David A. Hyman reported selling 5,727 common shares at $64.55 per share on November 4, 2026. On November 3, three restricted stock unit (RSU) vesting batches settled one-for-one into 5,440, 3,030 and 2,939 common shares. A further 2,709, 1,509 and 1,464 shares were withheld at $62.34 per share to satisfy tax withholding obligations arising from RSU vesting. No Rule 10b5-1 plan is reported for the sale.

Insider Trade Summary

Net Seller: 5,727 shares

Net Sell 10 txns

Insider HYMAN DAVID A

Role Chief Legal Officer

Sold 5,727 shs ($370K)

Type	Security	Shares	Price	Value
Sale	Common Stock	5,727	$64.55	$370K
Exercise	Restricted Stock Units F3, F4	0	$0.00	$0.00
Exercise	Restricted Stock Units F3, F5	0	$0.00	$0.00
Exercise	Restricted Stock Units F3, F6	0	$0.00	$0.00
Exercise	Common Stock F1	5,440	--	--
Exercise	Common Stock F1	3,030	--	--
Exercise	Common Stock F1	2,939	--	--
Tax Withholding	Common Stock F2	2,709	$62.34	$169K
Tax Withholding	Common Stock F2	1,509	$62.34	$94K
Tax Withholding	Common Stock F2	1,464	$62.34	$91K

Holdings After Transaction: Restricted Stock Units — 35,635 contracts (Direct); Common Stock — 166,100 shares (Direct)

Footnotes (6)

1. F1. Reflects restricted stock units (RSUs) that following vesting, settled 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 RSUs.
3. F3. Each RSU represents a contingent right to receive one share of Netflix common stock.
4. F4. On January 25, 2024, the Reporting Person was granted 65,240 RSUs. Subject to the terms and conditions of the underlying award agreement, 1/12th of the RSUs vest on a quarterly basis beginning on February 3, 2024 (or, to the extent it is not a trading day, the first trading day thereafter).
5. F5. On January 23, 2025, the Reporting Person was granted 36,340 RSUs. Subject to the terms and conditions of the underlying award agreement, 1/12th of the RSUs vest on a quarterly basis beginning on February 3, 2025 (or, to the extent it is not a trading day, the first trading day thereafter).
6. F6. On January 22, 2026, the Reporting Person was granted 35,272 RSUs. Subject to the terms and conditions of the underlying award agreement, 1/12th of the RSUs vest on a quarterly basis beginning on February 3, 2026 (or, to the extent it is not a trading day, the first trading day thereafter).

Key Figures

Common shares sold: 5,727 shares Sale price: $64.55 per share Common shares settled from RSUs: 5,440, 3,030 and 2,939 shares +2 more

5 metrics

Common shares sold 5,727 shares November 4, 2026

Sale price $64.55 per share November 4, 2026

Common shares settled from RSUs 5,440, 3,030 and 2,939 shares One-for-one settlement on November 3, 2026

Shares withheld for tax obligations 2,709, 1,509 and 1,464 shares RSU vesting on November 3, 2026

Tax-withholding share price $62.34 per share November 3, 2026

Key Terms

restricted stock units (RSUs), one-for-one basis, tax withholding obligations

3 terms

restricted stock units (RSUs) financial

"Reflects restricted stock units (RSUs) that following vesting"

Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.

one-for-one basis technical

"settled in shares of Netflix common stock on a one-for-one basis"

tax withholding obligations financial

"Shares withheld to satisfy tax withholding obligations"

FAQ

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

How many NFLX shares did David A. Hyman sell, and at what price?

David A. Hyman, Netflix's Chief Legal Officer, sold 5,727 common shares at $64.55 per share on November 4, 2026. No Rule 10b5-1 plan is reported for the sale.

What NFLX shares did David A. Hyman receive from RSUs, and how many were withheld?

On November 3, 2026, RSUs settled one-for-one into 5,440, 3,030 and 2,939 common shares. Shares withheld to satisfy tax obligations arising from RSU vesting were 2,709, 1,509 and 1,464, each at $62.34 per share.

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

Form 4 Insider Transactions: What Each Field Means →

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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 CALIFORNIA 95032

(City) (State) (Zip)

UNITED STATES

(Country)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
11/03/2026

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

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

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

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	11/03/2026		M		5,440	A	(1)	171,540	D
Common Stock	11/03/2026		M		3,030	A	(1)	174,570	D
Common Stock	11/03/2026		M		2,939	A	(1)	177,509	D
Common Stock	11/03/2026		F		2,709(2)	D	$62.34	174,800	D
Common Stock	11/03/2026		F		1,509(2)	D	$62.34	173,291	D
Common Stock	11/03/2026		F		1,464(2)	D	$62.34	171,827	D
Common Stock	11/04/2026		S		5,727	D	$64.55	166,100	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
Restricted Stock Units	(3)	11/03/2026		M			0	(4)	(4)	Common Stock	5,440	$0	0	D
Restricted Stock Units	(3)	11/03/2026		M			0	(5)	(5)	Common Stock	3,030	$0	12,120	D
Restricted Stock Units	(3)	11/03/2026		M			0	(6)	(6)	Common Stock	2,939	$0	23,515	D

Explanation of Responses:

1. Reflects restricted stock units (RSUs) that following vesting, settled 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 RSUs.

3. Each RSU represents a contingent right to receive one share of Netflix common stock.

4. On January 25, 2024, the Reporting Person was granted 65,240 RSUs. Subject to the terms and conditions of the underlying award agreement, 1/12th of the RSUs vest on a quarterly basis beginning on February 3, 2024 (or, to the extent it is not a trading day, the first trading day thereafter).

5. On January 23, 2025, the Reporting Person was granted 36,340 RSUs. Subject to the terms and conditions of the underlying award agreement, 1/12th of the RSUs vest on a quarterly basis beginning on February 3, 2025 (or, to the extent it is not a trading day, the first trading day thereafter).

6. On January 22, 2026, the Reporting Person was granted 35,272 RSUs. Subject to the terms and conditions of the underlying award agreement, 1/12th of the RSUs vest on a quarterly basis beginning on February 3, 2026 (or, to the extent it is not a trading day, the first trading day thereafter).

Remarks:

	By: Veronique Bourdeau, Authorized Signatory For: David A. Hyman	11/05/2026
	** 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.
* Form 4: SEC 1474 (03-26)