Sarandos Theodore A's Form 4 filing
Netflix Inc (NFLX) · filed Nov 5, 2025
- Accession no.
- 0001065280-25-000442
- Filed
- Nov 5, 2025
- Trade date
- Nov 3-4, 2025
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not checked
This filing lists 5 non-derivative transactions and 2 derivative transactions. Open-market sales total $2.21M. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Sarandos Theodore ACIK 0001393838 | Director, Officer (Co-CEO) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Nov 3, 2025 | Common Stock | MOption exerciseAcquired | +2,593 | –F1 | – | 17,761 | Direct | |
| Nov 3, 2025 | Common Stock | MOption exerciseAcquired | +1,444 | –F1 | – | 19,205 | Direct | |
| Nov 3, 2025 | Common Stock | FTax withholdingDisposed | −1,291 | $1,118.86 | −$1,444,448.26 | 17,914 | Direct | |
| Nov 3, 2025 | Common Stock | FTax withholdingDisposed | −719 | $1,118.86 | −$804,460.34 | 17,195 | Direct | |
| Nov 4, 2025 | Common Stock | SSaleDisposed | −2,027 | $1,092.08F3 | −$2,213,646.16 | 15,168 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Nov 3, 2025 | Common Stock | MOption exerciseDisposed | −2,593 | $1,118.86 | −$2,901,203.98 | 10,371 | Direct | |
| Nov 3, 2025 | Common Stock | MOption exerciseDisposed | −1,444 | $1,118.86 | −$1,615,633.84 | 11,554 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
Reflects restricted stock units (RSUs) that following vesting, settled in shares of Netflix common stock on a one-for-one basis.
Referenced by the price of 2 transactions in Table I.
- F3
This transaction was executed in multiple trades at prices ranging from $1,091.89 to $1,092.18. 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.
Referenced by the price of 1 transaction in Table I.