Sec Form 4 Filing - Hoag Jay C @ NETFLIX INC

Insider filing report for Changes in Beneficial Ownership

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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)
05/29/2025

(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)
1.Title of Security (Instr. 3)	2. Transaction Date (MM/DD/YY)	2A. Deemed Execution Date, if any (MM/DD/YY)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/29/2025		S		247	D	$ 1,205.159 ^{( 1 )}	236,239	I	Hoag Family Trust, dated August 2, 1994 ^{( 16 )}
Common Stock	05/29/2025		S		83	D	$ 1,205.159 ^{( 1 )}	78,957	I	Hamilton Investments Limited Partnership ^{( 17 )}
Common Stock	05/29/2025		S		200	D	$ 1,203.803 ^{( 2 )}	236,039	I	Hoag Family Trust, dated August 2, 1994 ^{( 16 )}
Common Stock	05/29/2025		S		67	D	$ 1,203.803 ^{( 2 )}	78,890	I	Hamilton Investments Limited Partnership ^{( 17 )}
Common Stock	05/29/2025		S		94	D	$ 1,202.408 ^{( 3 )}	235,945	I	Hoag Family Trust, dated August 2, 1994 ^{( 16 )}
Common Stock	05/29/2025		S		31	D	$ 1,202.408 ^{( 3 )}	78,859	I	Hamilton Investments Limited Partnership ^{( 17 )}
Common Stock	05/29/2025		S		150	D	$ 1,200.55 ^{( 4 )}	235,795	I	Hoag Family Trust, dated August 2, 1994 ^{( 16 )}
Common Stock	05/29/2025		S		50	D	$ 1,200.55 ^{( 4 )}	78,809	I	Hamilton Investments Limited Partnership ^{( 17 )}
Common Stock	05/29/2025		S		329	D	$ 1,198.921 ^{( 5 )}	235,466	I	Hoag Family Trust, dated August 2, 1994 ^{( 16 )}
Common Stock	05/29/2025		S		111	D	$ 1,198.921 ^{( 5 )}	78,698	I	Hamilton Investments Limited Partnership ^{( 17 )}
Common Stock	05/29/2025		S		30	D	$ 1,198.035 ^{( 6 )}	235,436	I	Hoag Family Trust, dated August 2, 1994 ^{( 16 )}
Common Stock	05/29/2025		S		10	D	$ 1,198.035 ^{( 6 )}	78,688	I	Hamilton Investments Limited Partnership ^{( 17 )}
Common Stock	05/29/2025		S		108	D	$ 1,195.129 ^{( 7 )}	235,328	I	Hoag Family Trust, dated August 2, 1994 ^{( 16 )}
Common Stock	05/29/2025		S		36	D	$ 1,195.129 ^{( 7 )}	78,652	I	Hamilton Investments Limited Partnership ^{( 17 )}
Common Stock	05/29/2025		S		275	D	$ 1,193.436 ^{( 8 )}	235,053	I	Hoag Family Trust, dated August 2, 1994 ^{( 16 )}
Common Stock	05/29/2025		S		93	D	$ 1,193.436 ^{( 8 )}	78,559	I	Hamilton Investments Limited Partnership ^{( 17 )}
Common Stock	05/29/2025		S		1,609	D	$ 1,191.876 ^{( 9 )}	233,444	I	Hoag Family Trust, dated August 2, 1994 ^{( 16 )}
Common Stock	05/29/2025		S		542	D	$ 1,191.876 ^{( 9 )}	78,017	I	Hamilton Investments Limited Partnership ^{( 17 )}
Common Stock	05/29/2025		S		1,342	D	$ 1,191.076 ^{( 10 )}	232,102	I	Hoag Family Trust, dated August 2, 1994 ^{( 16 )}
Common Stock	05/29/2025		S		452	D	$ 1,191.076 ^{( 10 )}	77,565	I	Hamilton Investments Limited Partnership ^{( 17 )}
Common Stock	05/29/2025		S		1,170	D	$ 1,189.875 ^{( 11 )}	230,932	I	Hoag Family Trust, dated August 2, 1994 ^{( 16 )}
Common Stock	05/29/2025		S		394	D	$ 1,189.875 ^{( 11 )}	77,171	I	Hamilton Investments Limited Partnership ^{( 17 )}
Common Stock	05/29/2025		S		1,190	D	$ 1,188.682 ^{( 12 )}	229,742	I	Hoag Family Trust, dated August 2, 1994 ^{( 16 )}
Common Stock	05/29/2025		S		401	D	$ 1,188.682 ^{( 12 )}	76,770	I	Hamilton Investments Limited Partnership ^{( 17 )}
Common Stock	05/29/2025		S		3,944	D	$ 1,187.753 ^{( 13 )}	225,798	I	Hoag Family Trust, dated August 2, 1994 ^{( 16 )}
Common Stock	05/29/2025		S		1,329	D	$ 1,187.753 ^{( 13 )}	75,441	I	Hamilton Investments Limited Partnership ^{( 17 )}
Common Stock	05/29/2025		S		4,437	D	$ 1,186.867 ^{( 14 )}	221,361	I	Hoag Family Trust, dated August 2, 1994 ^{( 16 )}
Common Stock	05/29/2025		S		1,495	D	$ 1,186.867 ^{( 14 )}	73,946	I	Hamilton Investments Limited Partnership ^{( 17 )}
Common Stock	05/29/2025		S		1,709	D	$ 1,185.774 ^{( 15 )}	219,652	I	Hoag Family Trust, dated August 2, 1994 ^{( 16 )}
Common Stock	05/29/2025		S		576	D	$ 1,185.774 ^{( 15 )}	73,370	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
Reporting Owner Name / Address	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		06/02/2025
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 $1,205.100 to $1,205.320 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 $1,203.710 to $1,204.020 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.
( 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 $1,202.300 to $1,202.450 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 $1,200.300 to $1,200.800 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 $1,198.520 to $1,199.120 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 $1,198.010 to $1,198.060 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.
( 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 $1,195.000 to $1,195.855 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 $1,192.950 to $1,193.765 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 $1,191.555 to $1,192.550 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 $1,190.640 to $1,191.550 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 $1,189.4575 to $1,190.360 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 $1,188.335 to $1,189.295 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 $1,187.2975 to $1,188.295 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 $1,186.290 to $1,187.280 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 $1,185.280 to $1,186.2725 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.
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.

Sec Form 4 Filing - Hoag Jay C @ NETFLIX INC - 2025-05-29