Sec Form 4 Filing - Hoag Jay C @ NETFLIX INC - 2025-04-29

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person Hoag Jay C 2. Issuer Name and Ticker or Trading Symbol NETFLIX INC [ NFLX] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) 250 MIDDLEFIELD ROAD 3. Date of Earliest Transaction (MM/DD/YY) 04/29/2025 (Street) MENLO PARK, CA94025 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 04/29/2025 S 2,142 D $ 1,121.828 ( 1 ) 281,844 I Hoag Family Trust, dated August 2, 1994 ( 16 ) Common Stock 04/29/2025 S 721 D $ 1,121.828 ( 1 ) 94,319 I Hamilton Investments Limited Partnership ( 17 ) Common Stock 04/29/2025 S 2,833 D $ 1,120.973 ( 2 ) 279,011 I Hoag Family Trust, dated August 2, 1994 ( 16 ) Common Stock 04/29/2025 S 954 D $ 1,120.973 ( 2 ) 93,365 I Hamilton Investments Limited Partnership ( 17 ) Common Stock 04/29/2025 S 1,197 D $ 1,120.061 ( 3 ) 277,814 I Hoag Family Trust, dated August 2, 1994 ( 16 ) Common Stock 04/29/2025 S 403 D $ 1,120.061 ( 3 ) 92,962 I Hamilton Investments Limited Partnership ( 17 ) Common Stock 04/29/2025 S 1,072 D $ 1,118.955 ( 4 ) 276,742 I Hoag Family Trust, dated August 2, 1994 ( 16 ) Common Stock 04/29/2025 S 361 D $ 1,118.955 ( 4 ) 92,601 I Hamilton Investments Limited Partnership ( 17 ) Common Stock 04/29/2025 S 340 D $ 1,118.029 ( 5 ) 276,402 I Hoag Family Trust, dated August 2, 1994 ( 16 ) Common Stock 04/29/2025 S 114 D $ 1,118.029 ( 5 ) 92,487 I Hamilton Investments Limited Partnership ( 17 ) Common Stock 04/29/2025 S 384 D $ 1,116.746 ( 6 ) 276,018 I Hoag Family Trust, dated August 2, 1994 ( 16 ) Common Stock 04/29/2025 S 129 D $ 1,116.746 ( 6 ) 92,358 I Hamilton Investments Limited Partnership ( 17 ) Common Stock 04/29/2025 S 524 D $ 1,115.675 ( 7 ) 275,494 I Hoag Family Trust, dated August 2, 1994 ( 16 ) Common Stock 04/29/2025 S 176 D $ 1,115.675 ( 7 ) 92,182 I Hamilton Investments Limited Partnership ( 17 ) Common Stock 04/29/2025 S 299 D $ 1,114.593 ( 8 ) 275,195 I Hoag Family Trust, dated August 2, 1994 ( 16 ) Common Stock 04/29/2025 S 101 D $ 1,114.593 ( 8 ) 92,081 I Hamilton Investments Limited Partnership ( 17 ) Common Stock 04/29/2025 S 1,047 D $ 1,113.566 ( 9 ) 274,148 I Hoag Family Trust, dated August 2, 1994 ( 16 ) Common Stock 04/29/2025 S 353 D $ 1,113.566 ( 9 ) 91,728 I Hamilton Investments Limited Partnership ( 17 ) Common Stock 04/29/2025 S 1,656 D $ 1,112.561 ( 10 ) 272,492 I Hoag Family Trust, dated August 2, 1994 ( 16 ) Common Stock 04/29/2025 S 558 D $ 1,112.561 ( 10 ) 91,170 I Hamilton Investments Limited Partnership ( 17 ) Common Stock 04/29/2025 S 2,798 D $ 1,111.547 ( 11 ) 269,694 I Hoag Family Trust, dated August 2, 1994 ( 16 ) Common Stock 04/29/2025 S 942 D $ 1,111.547 ( 11 ) 90,228 I Hamilton Investments Limited Partnership ( 17 ) Common Stock 04/29/2025 S 1,888 D $ 1,110.516 ( 12 ) 267,806 I Hoag Family Trust, dated August 2, 1994 ( 16 ) Common Stock 04/29/2025 S 636 D $ 1,110.516 ( 12 ) 89,592 I Hamilton Investments Limited Partnership ( 17 ) Common Stock 04/29/2025 S 1,695 D $ 1,109.562 ( 13 ) 266,111 I Hoag Family Trust, dated August 2, 1994 ( 16 ) Common Stock 04/29/2025 S 571 D $ 1,109.562 ( 13 ) 89,021 I Hamilton Investments Limited Partnership ( 17 ) Common Stock 04/29/2025 S 2,815 D $ 1,108.452 ( 14 ) 263,296 I Hoag Family Trust, dated August 2, 1994 ( 16 ) Common Stock 04/29/2025 S 948 D $ 1,108.452 ( 14 ) 88,073 I Hamilton Investments Limited Partnership ( 17 ) Common Stock 04/29/2025 S 2,489 D $ 1,107.461 ( 15 ) 260,807 I Hoag Family Trust, dated August 2, 1994 ( 16 ) Common Stock 04/29/2025 S 839 D $ 1,107.461 ( 15 ) 87,234 I Hamilton Investments Limited Partnership ( 17 )

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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 (MM/DD/YY) 7. Title and Amount of Underlying Securities (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 of Derivative Security: 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

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Hoag Jay C 250 MIDDLEFIELD ROAD MENLO PARK, CA94025 X Signatures /s/ Frederic D. Fenton Authorized signatory for Jay C. Hoag 05/01/2025 Signature of Reporting Person Date

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 $1,122.480 to $1,121.490 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 $1,121.470 to $1,120.490 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 $1,120.460 to $1,119.570 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 $1,119.460 to $1,118.480 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 $1,118.420 to $1,117.640 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 $1,117.420 to $1,116.490 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 $1,116.090 to $1,115.140 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 )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 $1,114.990 to $1,114.090 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. ( 9 )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 $1,113.990 to $1,113.000 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. ( 10 )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 $1,112.990 to $1,112.060 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. ( 11 )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 $1,111.990 to $1,111.030 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. ( 12 )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 $1,110.990 to $1,110.020 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. ( 13 )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 $1,109.960 to $1,108.990 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. ( 14 )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 $1,108.900 to $1,107.915 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. ( 15 )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 $1,107.840 to $1,106.860 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. ( 16 )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. ( 17 )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 is the first of two parts of a Form 4 filing for the Reporting Person. There are two parts to this Form 4 filing because of the constraint of a 30 transaction line maximum for tables in a Form 4.

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.
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