SEC Form 4 · accession 0001065280-26-000234
NETFLIX INC · NFLX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Theodore A Sarandos
Officer — Co-CEO · Director
Period of report
Aug 3, 2026
Accepted (ET)
Aug 4, 2026 · 5:15 pm EDT
Rule 10b5-1 plan
yes — trade under a plan
Issuer CIK
0001065280
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Aug 3, 2026 | M | 25,930 | — | A | 310,734 | D | |
| Common StockF1 | Aug 3, 2026 | M | 14,440 | — | A | 325,174 | D | |
| Common StockF1 | Aug 3, 2026 | M | 14,018 | — | A | 339,192 | D | |
| Common StockF2 | Aug 3, 2026 | F | 12,908 | $71.71 | D | 326,284 | D | |
| Common StockF2 | Aug 3, 2026 | F | 7,189 | $71.71 | D | 319,095 | D | |
| Common StockF2 | Aug 3, 2026 | F | 6,979 | $71.71 | D | 312,116 | D | |
| Common StockF3,F4 | Aug 3, 2026 | S | 81,891 | $72.8985 | D | 230,225 | D | |
| Common StockF3,F5 | Aug 3, 2026 | S | 23,959 | $73.4768 | D | 206,266 | D | |
| Common StockF6 | Aug 4, 2026 | S | 27,312 | $73.3532 | D | 178,954 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF7,F8 | — | Aug 3, 2026 | M | 25,930 | D | — | — | Common Stock | 25,930 | 25,930 | D |
| Restricted Stock UnitsF7,F9 | — | Aug 3, 2026 | M | 14,440 | D | — | — | Common Stock | 14,440 | 72,210 | D |
| Restricted Stock UnitsF7,F10 | — | Aug 3, 2026 | M | 14,018 | D | — | — | Common Stock | 14,018 | 126,162 | D |
Explanation of responses
- F1Reflects restricted stock units (RSUs) that following vesting, settled in shares of Netflix common stock on a one-for-one basis.
- F10On January 22, 2026, the Reporting Person was granted 168,216 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).
- F2Shares withheld to satisfy tax withholding obligations arising out of the vesting of RSUs.
- F3Transaction made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 5/4/2026.
- F4This transaction was executed in multiple trades at prices ranging from $72.2201 to $73.2196. 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.
- F5This transaction was executed in multiple trades at prices ranging from $73.2201 to $73.8187. 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.
- F6This transaction was executed in multiple trades at prices ranging from $73.34 to $73.445. 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.
- F7Each RSU represents a contingent right to receive one share of Netflix common stock.
- F8On January 25, 2024, the Reporting Person was granted 311,120 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).
- F9On January 23, 2025, the Reporting Person was granted 173,300 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).