4//SEC Filing
SARANDOS THEODORE A 4
Accession 0001065280-25-000356
CIK 0001065280other
Filed
Aug 5, 8:00 PM ET
Accepted
Aug 6, 6:54 PM ET
Size
15.6 KB
Accession
0001065280-25-000356
Insider Transaction Report
Form 4
NETFLIX INCNFLX
SARANDOS THEODORE A
DirectorCo-CEO
Transactions
- Exercise/Conversion
Restricted Stock Units
2025-08-04−2,592→ 12,964 total→ Common Stock (2,592 underlying) - Exercise/Conversion
Common Stock
2025-08-04+1,444→ 19,204 total - Tax Payment
Common Stock
2025-08-04$1158.60/sh−1,291$1,495,753→ 17,913 total - Tax Payment
Common Stock
2025-08-04$1158.60/sh−719$833,033→ 17,194 total - Exercise/Conversion
Restricted Stock Units
2025-08-04−1,444→ 12,998 total→ Common Stock (1,444 underlying) - Sale
Common Stock
2025-08-05$1160.62/sh−2,026$2,351,411→ 15,168 total - Exercise/Conversion
Common Stock
2025-08-04+2,592→ 17,760 total
Footnotes (6)
- [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 $1,160.40 to $1161.19. 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 31,112 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 17,330 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).
Documents
Issuer
NETFLIX INC
CIK 0001065280
Entity typeother
Related Parties
1- filerCIK 0001393838
Filing Metadata
- Form type
- 4
- Filed
- Aug 5, 8:00 PM ET
- Accepted
- Aug 6, 6:54 PM ET
- Size
- 15.6 KB