=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-08-03
10b5-1 Pre-arranged Plan: No
--- Issuer ---
Name: NETFLIX INC (NFLX)
CIK: 0001065280
--- Reporting Owner ---
Name: HYMAN DAVID A
CIK: 0001507747
Role: Officer (Chief Legal Officer)
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Common Stock
Date: 2026-08-03 | Code: M (Exercise of derivative)
Shares: +5,440
Shares Owned After: 321,540 | Ownership: D (Direct)
Footnotes:
[F1] Reflects restricted stock units (RSUs) that following vesting, settled in shares of Netflix common stock on a one-for-one basis.
[Transaction #2]
Security: Common Stock
Date: 2026-08-03 | Code: M (Exercise of derivative)
Shares: +3,020
Shares Owned After: 324,560 | Ownership: D (Direct)
Footnotes:
[F1] Reflects restricted stock units (RSUs) that following vesting, settled in shares of Netflix common stock on a one-for-one basis.
[Transaction #3]
Security: Common Stock
Date: 2026-08-03 | Code: M (Exercise of derivative)
Shares: +2,940
Shares Owned After: 327,500 | Ownership: D (Direct)
Footnotes:
[F1] Reflects restricted stock units (RSUs) that following vesting, settled in shares of Netflix common stock on a one-for-one basis.
[Transaction #4]
Security: Common Stock
Date: 2026-08-03 | Code: F (Payment of exercise/tax)
Shares: -2,709 | Price: $71.71
Total Value: $194,262.39
Shares Owned After: 324,791 | Ownership: D (Direct)
Footnotes:
[F2] Shares withheld to satisfy tax withholding obligations arising out of the vesting of RSUs.
[Transaction #5]
Security: Common Stock
Date: 2026-08-03 | Code: F (Payment of exercise/tax)
Shares: -1,504 | Price: $71.71
Total Value: $107,851.84
Shares Owned After: 323,287 | Ownership: D (Direct)
Footnotes:
[F2] Shares withheld to satisfy tax withholding obligations arising out of the vesting of RSUs.
[Transaction #6]
Security: Common Stock
Date: 2026-08-03 | Code: F (Payment of exercise/tax)
Shares: -1,464 | Price: $71.71
Total Value: $104,983.44
Shares Owned After: 321,823 | Ownership: D (Direct)
Footnotes:
[F2] Shares withheld to satisfy tax withholding obligations arising out of the vesting of RSUs.
[Transaction #7]
Security: Common Stock
Date: 2026-08-04 | Code: S (Open market sale)
Shares: -5,723 | Price: $72.85
Total Value: $416,899.37
Shares Owned After: 316,100 | Ownership: D (Direct)
Footnotes:
[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.
--- Derivative Transactions ---
[Transaction #1]
Security: Restricted Stock Units
Date: 2026-08-03 | Code: M (Exercise of derivative)
Shares: -5,440 | Price: $0.00
Shares Owned After: 5,440 | Ownership: D (Direct)
Footnotes:
[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).
[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).
[Transaction #2]
Security: Restricted Stock Units
Date: 2026-08-03 | Code: M (Exercise of derivative)
Shares: -3,020 | Price: $0.00
Shares Owned After: 15,150 | Ownership: D (Direct)
Footnotes:
[F4] Each RSU represents a contingent right to receive one share of Netflix common stock.
[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).
[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).
[Transaction #3]
Security: Restricted Stock Units
Date: 2026-08-03 | Code: M (Exercise of derivative)
Shares: -2,940 | Price: $0.00
Shares Owned After: 26,454 | Ownership: D (Direct)
Footnotes:
[F4] Each RSU represents a contingent right to receive one share of Netflix common stock.
[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).
[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).
--- Footnotes (Complete Index) ---
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).
--- Signature ---
/s/ By: Veronique Bourdeau, Authorized Signatory For: David A. Hyman (2026-08-04)
