STOCK TITAN

Netflix (NFLX) awards 18,450 RSUs to Chief Global Affairs Officer

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Netflix reported that Chief Global Affairs Officer Cletus R. Willems received an award of 18,450 restricted stock units (RSUs) on January 22, 2026. Each RSU represents a contingent right to receive one share of Netflix common stock at a price of $0 per unit as part of his equity compensation.

Subject to the underlying award agreements, 1/12 of the RSUs will vest on a quarterly basis beginning on February 3, 2026, or the next trading day. After this grant, Willems beneficially owns 18,450 RSUs, held directly.

Positive

  • None.

Negative

  • None.
Insider Willems Cletus R
Role Chief Global Affairs Officer
Type Security Shares Price Value
Grant/Award Restricted Stock Units 18,450 $0.00 --
Holdings After Transaction: Restricted Stock Units — 18,450 shares (Direct)
Footnotes (1)
  1. Each restricted stock unit (RSU) represents a contingent right to receive one share of Netflix common stock. Subject to the terms and conditions of the underlying award agreements, 1/12th of the RSUs will 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).
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)
01/22/2026
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
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 (1) 01/22/2026 A 18,450 (2) (2) Common Stock 18,450 $0 18,450 D
Explanation of Responses:
1. Each restricted stock unit (RSU) represents a contingent right to receive one share of Netflix common stock.
2. Subject to the terms and conditions of the underlying award agreements, 1/12th of the RSUs will 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: Cletus R Willems 01/23/2026
** 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 NFLX report for Cletus R. Willems?

Netflix reported that Cletus R. Willems, its Chief Global Affairs Officer, received an award of 18,450 restricted stock units (RSUs) on January 22, 2026.

How many Netflix RSUs were granted in this Form 4 for NFLX?

The filing shows a grant of 18,450 restricted stock units (RSUs), each representing a contingent right to receive one share of Netflix common stock.

What is the vesting schedule of the 18,450 Netflix RSUs reported in this Form 4?

According to the disclosure, 1/12 of the RSUs will vest on a quarterly basis beginning on February 3, 2026, or the first trading day thereafter, subject to the terms of the award agreements.

What price did Cletus R. Willems pay for the Netflix RSUs in this transaction?

The reported transaction price per restricted stock unit is $0, indicating this is an equity award rather than an open-market purchase.

How many Netflix derivative securities does Cletus R. Willems own after this grant?

Following the grant, Willems beneficially owns 18,450 restricted stock units, held in direct ownership.

What role does the reporting person hold at Netflix (NFLX)?

The reporting person, Cletus R. Willems, is disclosed as an officer of Netflix with the title Chief Global Affairs Officer.