Form 4 · NFLX
Netflix Co-CEO Theodore A. Sarandos reports selling 27,312 shares
Theodore A. Sarandos, Netflix's Co-CEO and a director, filed a Form 4 on Nov 5, 2026 at 8:24 PM ET reporting transactions between Nov 3, 2026 and Nov 4, 2026.
The filing reports 27,312 shares in an open-market or private sale (code S) at $66.20, about $1.8 million in total; 54,388 shares in an exercise or conversion of a derivative security (code M); and 27,076 shares withheld to pay the exercise price or tax (code F).
The filing does not indicate that the sales were made under a Rule 10b5-1 trading plan.
After these transactions, the filing lists 178,954 shares held directly.
Reporting person
- Theodore A. Sarandos, Co-CEO and a director (as filed: SARANDOS THEODORE A)
Transactions as reported
| Date | Code | Security | Shares | Price | Acquired or disposed | Held after | Ownership |
|---|---|---|---|---|---|---|---|
| 2026-11-03 | M | Common Stock | 14,018 | Acquired | 192,972 | Direct | |
| 2026-11-03 | M | Common Stock | 25,930 | Acquired | 218,902 | Direct | |
| 2026-11-03 | M | Common Stock | 14,440 | Acquired | 233,342 | Direct | |
| 2026-11-03 | F | Common Stock | 6,979 | $62.34 | Disposed | 226,363 | Direct |
| 2026-11-03 | F | Common Stock | 12,908 | $62.34 | Disposed | 213,455 | Direct |
| 2026-11-03 | F | Common Stock | 7,189 | $62.34 | Disposed | 206,266 | Direct |
| 2026-11-04 | S | Common Stock | 27,312 | $66.20 | Disposed | 178,954 | Direct |
| 2026-11-03 | M | Restricted Stock Units (derivative) | 25,930 | Disposed | 0 | Direct | |
| 2026-11-03 | M | Restricted Stock Units (derivative) | 14,440 | Disposed | 57,770 | Direct | |
| 2026-11-03 | M | Restricted Stock Units (derivative) | 14,018 | Disposed | 112,144 | Direct |
Codes: P purchase, S sale, A grant or award, M/X/C exercise or conversion, F shares withheld for taxes or the exercise price, G gift. Prices are as reported; some are weighted averages of several trades.
Source
- Form 4 filed Nov 5, 2026 (document)
- Filing index on SEC EDGAR (all documents and exhibits)
Netflix company file → · More Netflix filings
Disclosures
- Editor holdings in NFLX
- The editor holds no position in Netflix (NFLX). As of Nov 11, 2026.
- Last updated
- Nov 6, 2026
A summary of a public filing for general education, the same for every reader. Not a recommendation to buy, sell or hold NFLX.