SARANDOS THEODORE A 4

4 · NETFLIX INC · Filed Aug 6, 2025

Form 4

Period: 2025-08-04

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

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