=== 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: Willems Cletus R
CIK: 0002065325
Role: Officer (Chief Global Affairs Officer)
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Common Stock
Date: 2026-08-03 | Code: M (Exercise of derivative)
Shares: +3,160
Shares Owned After: 6,301 | 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: +1,460
Shares Owned After: 7,761 | 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: +1,537
Shares Owned After: 9,298 | 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: -1,550 | Price: $71.71
Total Value: $111,150.50
Shares Owned After: 7,748 | 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: -717 | Price: $71.71
Total Value: $51,416.07
Shares Owned After: 7,031 | 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: -754 | Price: $71.71
Total Value: $54,069.34
Shares Owned After: 6,277 | Ownership: D (Direct)
Footnotes:
[F2] Shares withheld to satisfy tax withholding obligations arising out of the vesting of RSUs.
--- Derivative Transactions ---
[Transaction #1]
Security: Restricted Stock Units
Date: 2026-08-03 | Code: M (Exercise of derivative)
Shares: -3,160 | Price: $0.00
Shares Owned After: 18,960 | Ownership: D (Direct)
Footnotes:
[F3] Each RSU represents a contingent right to receive one share of Netflix common stock.
[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).
[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).
[Transaction #2]
Security: Restricted Stock Units
Date: 2026-08-03 | Code: M (Exercise of derivative)
Shares: -1,460 | Price: $0.00
Shares Owned After: 7,330 | Ownership: D (Direct)
Footnotes:
[F3] Each RSU represents a contingent right to receive one share of Netflix common stock.
[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).
[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).
[Transaction #3]
Security: Restricted Stock Units
Date: 2026-08-03 | Code: M (Exercise of derivative)
Shares: -1,537 | Price: $0.00
Shares Owned After: 13,838 | Ownership: D (Direct)
Footnotes:
[F3] Each RSU represents a contingent right to receive one share of Netflix common stock.
[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).
[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).
--- 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: Each RSU represents a contingent right to receive one share of Netflix common stock.
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).
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).
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).
--- Signature ---
/s/ By: Veronique Bourdeau, Authorized Signatory For: Cletus R Willems (2026-08-04)