Amendment: Director Hoag Jay C sold $10,918,134 worth of shares (9,246 units at $1,180.85) (SEC Form 4)
$NFLX
Consumer Electronics/Video Chains
Consumer Discretionary
| FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). | |||||||||||||||||
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Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. | ||||||||||||||||
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
NETFLIX INC [ NFLX ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 05/29/2025 | ||||||||||||||||||||||||||
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4. If Amendment, Date of Original Filed
(Month/Day/Year) 06/02/2025 |
6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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| 1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
| Code | V | Amount | (A) or (D) | Price | ||||||
| Common Stock | 05/29/2025 | S | 1,542 | D | $1,184.788(1) | 218,110 | I | Hoag Family Trust, dated August 2, 1994(8) | ||
| Common Stock | 05/29/2025 | S | 520 | D | $1,184.788(1) | 72,850 | I | Hamilton Investments Limited Partnership(9) | ||
| Common Stock | 05/29/2025 | S | 561 | D | $1,183.886(2) | 217,549 | I | Hoag Family Trust, dated August 2, 1994(8) | ||
| Common Stock | 05/29/2025 | S | 189 | D | $1,183.886(2) | 72,661 | I | Hamilton Investments Limited Partnership(9) | ||
| Common Stock | 05/29/2025 | S | 404 | D | $1,182.707(3) | 217,145 | I | Hoag Family Trust, dated August 2, 1994(8) | ||
| Common Stock | 05/29/2025 | S | 136 | D | $1,182.707(3) | 72,525 | I | Hamilton Investments Limited Partnership(9) | ||
| Common Stock | 05/29/2025 | S | 1,165 | D | $1,180.316(4) | 215,980 | I | Hoag Family Trust, dated August 2, 1994(8) | ||
| Common Stock | 05/29/2025 | S | 393 | D | $1,180.316(4) | 72,132 | I | Hamilton Investments Limited Partnership(9) | ||
| Common Stock | 05/29/2025 | S | 711 | D | $1,179.526(5) | 215,269 | I | Hoag Family Trust, dated August 2, 1994(8) | ||
| Common Stock | 05/29/2025 | S | 239 | D | $1,179.526(5) | 71,893 | I | Hamilton Investments Limited Partnership(9) | ||
| Common Stock | 05/29/2025 | S | 2,246 | D | $1,178.152(6) | 213,023 | I | Hoag Family Trust, dated August 2, 1994(8) | ||
| Common Stock | 05/29/2025 | S | 757 | D | $1,178.152(6) | 71,136 | I | Hamilton Investments Limited Partnership(9) | ||
| Common Stock | 05/29/2025 | S | 287 | D | $1,177.682(7) | 212,736 | I | Hoag Family Trust, dated August 2, 1994(8) | ||
| Common Stock | 05/29/2025 | S | 96 | D | $1,177.682(7) | 71,040 | I | Hamilton Investments Limited Partnership(9) | ||
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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| 1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Explanation of Responses: |
| 1. Transaction made pursuant to duly adopted trading plan under Rule 10b5-1(c). The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $1,184.290 to $1,185.240 per share. The Reporting Person hereby undertakes to provide upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer full information regarding the number of shares sold at each separate price. |
| 2. Transaction made pursuant to duly adopted trading plan under Rule 10b5-1(c). The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $1,183.330 to $1,184.230 per share. The Reporting Person hereby undertakes to provide upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer full information regarding the number of shares sold at each separate price. |
| 3. Transaction made pursuant to duly adopted trading plan under Rule 10b5-1(c). The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $1,182.475 to $1,183.195 per share. The Reporting Person hereby undertakes to provide upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer full information regarding the number of shares sold at each separate price. |
| 4. Transaction made pursuant to duly adopted trading plan under Rule 10b5-1(c). The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $1,179.975 to $1,180.950 per share. The Reporting Person hereby undertakes to provide upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer full information regarding the number of shares sold at each separate price. |
| 5. Transaction made pursuant to duly adopted trading plan under Rule 10b5-1(c). The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $1,178.940 to $1,179.890 per share. The Reporting Person hereby undertakes to provide upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer full information regarding the number of shares sold at each separate price. |
| 6. Transaction made pursuant to duly adopted trading plan under Rule 10b5-1(c). The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $1,177.940 to $1,178.830 per share. The Reporting Person hereby undertakes to provide upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer full information regarding the number of shares sold at each separate price. |
| 7. Transaction made pursuant to duly adopted trading plan under Rule 10b5-1(c). The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $1,177.190 to $1,177.820 per share. The Reporting Person hereby undertakes to provide upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer full information regarding the number of shares sold at each separate price. |
| 8. These shares are held by Hoag Family Trust, dated August 2, 1994. Jay C. Hoag is a trustee of Hoag Family Trust, dated August 2, 1994. Mr. Hoag disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein. |
| 9. These shares are held by Hamilton Investments Limited Partnership. Jay C. Hoag is the general partner of Hamilton Investments Limited Partnership. Mr. Hoag disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein. |
| Remarks: |
| This Form 4/A is being filed solely to provide the second of two parts of the Form 4 filed by the Reporting Person on June 2, 2025 (the "Original Form 4"). Due to an administrative error, the first of two parts of the Original Form 4 was inadvertently filed twice on such date. |
| /s/ Frederic D. Fenton Authorized Signatory for Jay C. Hoag | 06/09/2025 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||