Insider trade

CEO exercised or converted 2,593 NFLX derivative securities

Traded Nov 3, 2025 · Filed Nov 6, 2025

NetflixNFLX

2,593
Derivative units · @ $1,118.86

Why it stands out

Derivative exercise or conversion — not an open-market buy.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: Nov 3, 2025
Reporting period: Not applicable
Filed with the SEC: Nov 6, 2025

CEOOption exercise

Context

Classification

option exercise

Code M — exercise or conversion of a derivative security

Planned / mechanical clue

Footnote references vesting of compensation awards

Only flagged when a footnote says so; never inferred

Source receipt

Record ID: 0001065280-25-000442

Filed / recorded

Nov 6, 2025, 2:43 AM UTC

Added to OQRO

Oct 2, 2026, 3:52 AM UTC

Parser

form4-xml-v1

Data quality

Verified: identifiers matched exactly

Issuer

NETFLIX INC

Issuer CIK

1065280

Ticker

NFLX

Reporting person

Theodore A Sarandos

Relationship

Director, Officer

Officer title

Co-CEO

Security

Restricted Stock Units

Table

Derivative (Table II)

Transaction date

Nov 3, 2025

Transaction code

M

Shares / units

2,593

Price per share

$1,118.86

Acquired / disposed

Disposed (D)

Shares owned after

10,371

Ownership form

Direct

Amendment

No

Footnotes from the filing

Each RSU represents a contingent right to receive one share of Netflix common stock.
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).

Around the same time

10mo ago

375KShares · @ $10.57

Derivative exercise or conversion — not an open-market buy.

Why it stands out Official record

Director sold ~$3.94M of Netflix

Scheduled in advance10mo ago

Director sold ~$15.2M of Netflix

Scheduled in advance10mo ago