Sarandos Theodore A's Form 4 filing
Netflix Inc (NFLX) · filed May 5, 2026
- Accession no.
- 0001065280-26-000169
- Filed
- May 5, 2026
- Trade date
- May 4-5, 2026
- Filing delay
- 1 day
- Rule 10b5-1 plan
- Not checked
This filing lists 9 non-derivative transactions and 3 derivative transactions. Open-market sales total $2.40M. It was filed 1 day 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 |
|---|---|---|---|---|---|---|---|---|
| May 4, 2026 | Common Stock | MOption exerciseAcquired | +25,920 | –F1 | – | 310,724 | Direct | |
| May 4, 2026 | Common Stock | MOption exerciseAcquired | +14,450 | –F1 | – | 325,174 | Direct | |
| May 4, 2026 | Common Stock | MOption exerciseAcquired | +14,018 | –F1 | – | 339,192 | Direct | |
| May 4, 2026 | Common Stock | FTax withholdingDisposed | −12,903 | $92.06 | −$1,187,850.18 | 326,289 | Direct | |
| May 4, 2026 | Common Stock | FTax withholdingDisposed | −7,194 | $92.06 | −$662,279.64 | 319,095 | Direct | |
| May 4, 2026 | Common Stock | FTax withholdingDisposed | −6,979 | $92.06 | −$642,486.74 | 312,116 | Direct | |
| May 5, 2026 | Common Stock | SSaleDisposed | −13,017 | $87.96F3 | −$1,144,975.32 | 299,099 | Direct | |
| May 5, 2026 | Common Stock | SSaleDisposed | −7,256 | $87.97F4 | −$638,310.32 | 291,843 | Direct | |
| May 5, 2026 | Common Stock | SSaleDisposed | −7,039 | $87.98F5 | −$619,291.22 | 284,804 | 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 |
|---|---|---|---|---|---|---|---|---|
| May 4, 2026 | Common Stock | MOption exerciseDisposed | −25,920 | $0.00 | $0 | 51,860 | Direct | |
| May 4, 2026 | Common Stock | MOption exerciseDisposed | −14,450 | $0.00 | $0 | 86,650 | Direct | |
| May 4, 2026 | Common Stock | MOption exerciseDisposed | −14,018 | $0.00 | $0 | 140,180 | 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 3 transactions in Table I.
- F3
This transaction was executed in multiple trades at prices ranging from $87.895 to $88.01. 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.
- F4
This transaction was executed in multiple trades at prices ranging from $87.9242 to $88.00 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.
- F5
This transaction was executed in multiple trades at prices ranging from $87.9274 to $88.0136. 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.