Netflix CLO sells 5,723 shares after RSU vesting

Q: What insider transactions did Netflix (NFLX) report for David A. Hyman?

Netflix reported that David A. Hyman had 11,400 RSUs vest into common shares, with related tax withholding and an open-market sale. He withheld 5,677 shares for taxes and sold 5,723 shares the next day at a weighted average price of $72.8463.

Q: How many Netflix (NFLX) shares did the Chief Legal Officer sell, and at what price?

The Chief Legal Officer sold 5,723 Netflix common shares at a weighted average price of $72.8463 per share. The sale occurred on August 4, 2026, through multiple trades executed in a price range between $72.84 and $72.86 per share.

Q: What RSU vesting activity occurred for Netflix (NFLX) on August 3, 2026?

On August 3, 2026, a total of 11,400 restricted stock units vested into an equal number of Netflix common shares. These RSUs came from grants made in 2024, 2025, and 2026, each scheduled to vest in 1/12th increments on a quarterly basis.

Q: Were shares withheld for taxes in this Netflix (NFLX) Form 4?

Yes. Netflix disclosed that 5,677 common shares were withheld to satisfy tax withholding obligations from RSU vesting. These dispositions were reported with transaction code F at a reference price of $71.71 per share, reflecting tax-related share withholding.

Q: What RSU grants to David A. Hyman does Netflix (NFLX) describe?

Netflix details RSU grants of 65,240 units on January 25, 2024, 36,340 units on January 23, 2025, and 35,272 units on January 22, 2026. Each grant vests 1/12th quarterly, beginning around February 3 following the respective grant year.

Netflix Inc Chief Legal Officer David A. Hyman reported RSU vesting and related share transactions.

Accepted by SEC EDGAR 08/04/2026 - 05:23 PM EDT

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Rhea-AI Filing Summary

Netflix Inc Chief Legal Officer David A. Hyman reported RSU vesting and related share transactions. On August 3, 2026, 11,400 restricted stock units converted into the same number of common shares, with 5,677 shares withheld at $71.71 to satisfy tax obligations. On August 4, 2026, he sold 5,723 common shares at a weighted average price of $72.8463 per share in multiple trades within a $72.84–$72.86 range.

Insider Trade Summary

Exercise and sale activity reported; no spread calculated

Exercise and Sale 10 txns

Insider HYMAN DAVID A

Role Chief Legal Officer

Sold 5,723 shs ($417K)

Approx. gross sale proceeds $417K

Type	Security	Shares	Price	Value
Sale	Common Stock ^F3	5,723	$72.8463	$417K
Exercise	Restricted Stock Units ^{F4, F5}	5,440	$0.00	$0.00
Exercise	Restricted Stock Units ^{F4, F6}	3,020	$0.00	$0.00
Exercise	Restricted Stock Units ^{F4, F7}	2,940	$0.00	$0.00
Exercise	Common Stock ^F1	5,440	--	--
Exercise	Common Stock ^F1	3,020	--	--
Exercise	Common Stock ^F1	2,940	--	--
Tax Withholding	Common Stock ^F2	2,709	$71.71	$194K
Tax Withholding	Common Stock ^F2	1,504	$71.71	$108K
Tax Withholding	Common Stock ^F2	1,464	$71.71	$105K

Holdings After Transaction: Restricted Stock Units — 47,044 contracts (Direct); Common Stock — 316,100 shares (Direct)

Footnotes (7)

F1. Reflects restricted stock units (RSUs) that following vesting, settled in shares of Netflix common stock on a one-for-one basis.
F2. Shares withheld to satisfy tax withholding obligations arising out of the vesting of RSUs.
F3. This transaction was executed in multiple trades at prices ranging from $72.84 to $72.86. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F4. Each RSU represents a contingent right to receive one share of Netflix common stock.
F5. 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).
F6. 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).
F7. 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

Shares sold: 5,723 shares Sale price: $72.8463 per share RSUs converted: 11,400 shares +4 more

7 metrics

Shares sold 5,723 shares Open-market or private sale of common stock on August 4, 2026

Sale price $72.8463 per share Weighted average sale price for 5,723 shares, trades between $72.84 and $72.86

RSUs converted 11,400 shares Total restricted stock units converting into common stock on August 3, 2026

Shares withheld for taxes 5,677 shares Common shares withheld to satisfy tax obligations from RSU vesting at $71.71 per share

2024 RSU grant 65,240 RSUs Granted January 25, 2024; 1/12th vests quarterly beginning February 3, 2024

2025 RSU grant 36,340 RSUs Granted January 23, 2025; 1/12th vests quarterly beginning February 3, 2025

2026 RSU grant 35,272 RSUs Granted January 22, 2026; 1/12th vests quarterly beginning February 3, 2026

Key Terms

Restricted Stock Units, tax withholding obligations, weighted average sale price, contingent right

4 terms

Restricted Stock Units financial

"Reflects restricted stock units (RSUs) that following vesting, settled in shares"

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.

tax withholding obligations financial

"Shares withheld to satisfy tax withholding obligations arising out of the vesting"

weighted average sale price financial

"The price reported above reflects the weighted average sale price."

contingent right financial

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

FAQ

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

What insider transactions did Netflix (NFLX) report for David A. Hyman?

Netflix reported that David A. Hyman had 11,400 RSUs vest into common shares, with related tax withholding and an open-market sale. He withheld 5,677 shares for taxes and sold 5,723 shares the next day at a weighted average price of $72.8463.

How many Netflix (NFLX) shares did the Chief Legal Officer sell, and at what price?

The Chief Legal Officer sold 5,723 Netflix common shares at a weighted average price of $72.8463 per share. The sale occurred on August 4, 2026, through multiple trades executed in a price range between $72.84 and $72.86 per share.

What RSU vesting activity occurred for Netflix (NFLX) on August 3, 2026?

On August 3, 2026, a total of 11,400 restricted stock units vested into an equal number of Netflix common shares. These RSUs came from grants made in 2024, 2025, and 2026, each scheduled to vest in 1/12th increments on a quarterly basis.

Were shares withheld for taxes in this Netflix (NFLX) Form 4?

Yes. Netflix disclosed that 5,677 common shares were withheld to satisfy tax withholding obligations from RSU vesting. These dispositions were reported with transaction code F at a reference price of $71.71 per share, reflecting tax-related share withholding.

What RSU grants to David A. Hyman does Netflix (NFLX) describe?

Netflix details RSU grants of 65,240 units on January 25, 2024, 36,340 units on January 23, 2025, and 35,272 units on January 22, 2026. Each grant vests 1/12th quarterly, beginning around February 3 following the respective grant year.

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)
08/03/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	08/03/2026		M		5,440	A	⁽¹⁾	321,540	D
Common Stock	08/03/2026		M		3,020	A	⁽¹⁾	324,560	D
Common Stock	08/03/2026		M		2,940	A	⁽¹⁾	327,500	D
Common Stock	08/03/2026		F		2,709⁽²⁾	D	$71.71	324,791	D
Common Stock	08/03/2026		F		1,504⁽²⁾	D	$71.71	323,287	D
Common Stock	08/03/2026		F		1,464⁽²⁾	D	$71.71	321,823	D
Common Stock	08/04/2026		S		5,723	D	$72.8463⁽³⁾	316,100	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽⁴⁾	08/03/2026		M			5,440	⁽⁵⁾	⁽⁵⁾	Common Stock	5,440	$0	5,440	D
Restricted Stock Units	⁽⁴⁾	08/03/2026		M			3,020	⁽⁶⁾	⁽⁶⁾	Common Stock	3,020	$0	15,150	D
Restricted Stock Units	⁽⁴⁾	08/03/2026		M			2,940	⁽⁷⁾	⁽⁷⁾	Common Stock	2,940	$0	26,454	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. This transaction was executed in multiple trades at prices ranging from $72.84 to $72.86. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

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

5. 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).

6. 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).

7. 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	08/04/2026
	** 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)

Source: View Original Filing on SEC EDGAR