SARANDOS THEODORE A (Chief Content Officer) sold 42.7% of their position (133.16K shares) of NETFLIX INC on the open market

Open‑market sale worth $9.73M — a major position exit. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 3 sales

SARANDOS THEODORE A

Filed: 8/4/2026ACC: 0001065280-26-000234

InsiderSARANDOS THEODORE ACIK 1393838

→

IssuerNETFLIX INCCIK 1065280

Officer· Chief Content Officer

Since Jul 2018

-160.24K

Net shares

Net seller

$11.68M

Total sold

Open market trades

0B · 3S

Total transactions

54.39K acquired · 214.63K disposed

Non-Derivative Transactions9

Common Stock

Direct

M · Option Exercise

+25.93K

Price / share

—

Trade value

—

% of position

9.1%

8/3/2026

284.80K→310.73K

Common Stock

Direct

M · Option Exercise

+14.44K

Price / share

—

Trade value

—

% of position

4.6%

8/3/2026

310.73K→325.17K

Common Stock

Direct

M · Option Exercise

+14.02K

Price / share

—

Trade value

—

% of position

4.3%

8/3/2026

325.17K→339.19K

Common Stock

Direct

F · Tax Withholding

−12.91K

Price / share

$71.71

Trade value

$925.63K

% of position

3.8%

8/3/2026

339.19K→326.28K

Common Stock

Direct

F · Tax Withholding

−7.19K

Price / share

$71.71

Trade value

$515.52K

% of position

2.2%

8/3/2026

326.28K→319.10K

Common Stock

Direct

F · Tax Withholding

−6.98K

Price / share

$71.71

Trade value

$500.46K

% of position

2.2%

8/3/2026

319.10K→312.12K

Common Stock

Direct

S · Sale

−81.89K

Price / share

$72.90

Trade value

$5.97M

% of position

26.2%

8/3/2026

312.12K→230.22K

Common Stock

Direct

S · Sale

−23.96K

Price / share

$73.48

Trade value

$1.76M

% of position

10.4%

8/3/2026

230.22K→206.27K

Common Stock

Direct

S · Sale

−27.31K

Price / share

$73.35

Trade value

$2M

% of position

13.2%

8/4/2026

206.27K→178.95K

Total

Net shares

−105.85K

Net value

-$11.68M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	8/3/2026	M · Option Exercise	+25.93K	—	—	9.1%	284.80K	310.73K
Common Stock Direct	8/3/2026	M · Option Exercise	+14.44K	—	—	4.6%	310.73K	325.17K
Common Stock Direct	8/3/2026	M · Option Exercise	+14.02K	—	—	4.3%	325.17K	339.19K
Common Stock Direct	8/3/2026	F · Tax Withholding	−12.91K	$71.71	$925.63K	3.8%	339.19K	326.28K
Common Stock Direct	8/3/2026	F · Tax Withholding	−7.19K	$71.71	$515.52K	2.2%	326.28K	319.10K
Common Stock Direct	8/3/2026	F · Tax Withholding	−6.98K	$71.71	$500.46K	2.2%	319.10K	312.12K
Common Stock Direct	8/3/2026	S · Sale	−81.89K	$72.90	$5.97M	26.2%	312.12K	230.22K
Common Stock Direct	8/3/2026	S · Sale	−23.96K	$73.48	$1.76M	10.4%	230.22K	206.27K
Common Stock Direct	8/4/2026	S · Sale	−27.31K	$73.35	$2M	13.2%	206.27K	178.95K
Total			−105.85K		-$11.68M

Derivative Transactions3

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

25.93K shares

−25.93K

Strike price

Held after

25.93K

Exercisable

—

8/3/2026

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

14.44K shares

−14.44K

Strike price

Held after

72.21K

Exercisable

—

8/3/2026

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

14.02K shares

−14.02K

Strike price

Held after

126.16K

Exercisable

—

8/3/2026

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Restricted Stock Units Direct	Common Stock25.93K shares	8/3/2026	M · Option Exercise	−25.93K	—	25.93K
Restricted Stock Units Direct	Common Stock14.44K shares	8/3/2026	M · Option Exercise	−14.44K	—	72.21K
Restricted Stock Units Direct	Common Stock14.02K shares	8/3/2026	M · Option Exercise	−14.02K	—	126.16K