Netflix's Cletus R. Willems receives 6,168 shares

The underlying awards vest quarterly under three schedules, with start dates in May 2025 and February 2026, subject to the award agreements.

Available on EDGAR 11/05/2026 - 08:26 PM EST Accepted by SEC EDGAR 11/05/2026 - 08:24 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Netflix (NFLX) Chief Global Affairs Officer Cletus R. Willems had 6,168 restricted stock units vest and settle one-for-one into common shares on November 3, 2026. The transactions also report 3,027 common shares withheld to satisfy tax withholding obligations arising from vesting, at $62.34 per share. The RSUs came from awards with separate quarterly vesting schedules.

Insider Trade Summary

6,168 shares exercised/converted

Exercise 9 txns

Insider Willems Cletus R

Role Chief Global Affairs Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units F3, F4	3,160	$0.00	$0.00
Exercise	Restricted Stock Units F3, F5	1,470	$0.00	$0.00
Exercise	Restricted Stock Units F3, F6	1,538	$0.00	$0.00
Exercise	Common Stock F1	1,470	--	--
Exercise	Common Stock F1	3,160	--	--
Exercise	Common Stock F1	1,538	--	--
Tax Withholding	Common Stock F2	722	$62.34	$45K
Tax Withholding	Common Stock F2	1,550	$62.34	$97K
Tax Withholding	Common Stock F2	755	$62.34	$47K

Holdings After Transaction: Restricted Stock Units — 33,960 contracts (Direct); Common Stock — 9,418 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 April 28, 2025, the Reporting Person was granted 37,910 RSUs. Subject to the terms and conditions of the underlying award agreements, 1/12th of the RSUs will vest on a quarterly basis beginning on May 3, 2025 (or, to the extent it is not a trading day, the first trading day thereafter).
5. F5. On April 28, 2025, the Reporting Person was granted 16,110 RSUs. Subject to the terms and conditions of the underlying award agreements, 1/11th of the RSUs will vest on a quarterly basis beginning on May 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 18,450 RSUs. 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).

Key Figures

RSUs settled into common shares: 6,168 shares Shares withheld for tax obligations: 3,027 shares Withholding price: $62.34 per share

3 metrics

RSUs settled into common shares 6,168 shares November 3, 2026

Shares withheld for tax obligations 3,027 shares November 3, 2026

Withholding price $62.34 per share November 3, 2026

Key Terms

Restricted Stock Units, vesting, tax withholding obligations, contingent right

4 terms

Restricted Stock Units financial

"restricted stock units (RSUs) that following vesting"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

vesting financial

"1/12th of the RSUs will vest on a quarterly basis"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

tax withholding obligations financial

"Shares withheld to satisfy tax withholding obligations"

contingent right financial

"Each RSU represents a contingent right to receive one share"

FAQ

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

How many Netflix (NFLX) shares did Cletus R. Willems receive and have withheld?

On November 3, 2026, RSUs vested and settled one-for-one into 6,168 common shares; 3,027 common shares were withheld for tax obligations at $62.34 per share.

What were Cletus R. Willems's Netflix RSU vesting schedules?

An April 28, 2025 grant of 37,910 RSUs vests in 1/12 installments quarterly beginning May 3, 2025, and a separate 16,110-RSU grant vests in 1/11 installments quarterly from that date. A January 22, 2026 grant of 18,450 RSUs vests in 1/12 installments quarterly beginning February 3, 2026. The schedules are subject to the award agreements; a date falling on a non-trading day shifts to the first trading day thereafter.

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^*

Willems Cletus R

(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 Global Affairs 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		1,470	A	(1)	7,747	D
Common Stock	11/03/2026		M		3,160	A	(1)	10,907	D
Common Stock	11/03/2026		M		1,538	A	(1)	12,445	D
Common Stock	11/03/2026		F		722(2)	D	$62.34	11,723	D
Common Stock	11/03/2026		F		1,550(2)	D	$62.34	10,173	D
Common Stock	11/03/2026		F		755(2)	D	$62.34	9,418	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			3,160	(4)	(4)	Common Stock	3,160	$0	15,800	D
Restricted Stock Units	(3)	11/03/2026		M			1,470	(5)	(5)	Common Stock	1,470	$0	5,860	D
Restricted Stock Units	(3)	11/03/2026		M			1,538	(6)	(6)	Common Stock	1,538	$0	12,300	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 April 28, 2025, the Reporting Person was granted 37,910 RSUs. Subject to the terms and conditions of the underlying award agreements, 1/12th of the RSUs will vest on a quarterly basis beginning on May 3, 2025 (or, to the extent it is not a trading day, the first trading day thereafter).

5. On April 28, 2025, the Reporting Person was granted 16,110 RSUs. Subject to the terms and conditions of the underlying award agreements, 1/11th of the RSUs will vest on a quarterly basis beginning on May 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 18,450 RSUs. 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	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)