Item 5. Other Information
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Item 5. Other Information
Rule 10b5-1 Trading Plans
The adoption or termination of contracts, instructions or written plans for the purchase or sale of our securities by our Section 16 officers and directors for the three months ended June 30, 2024, each of which is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act (“Rule 10b5-1 Plan”), were as follows:
| Name | Title | Action | Date Adopted | Expiration Date | Aggregate # of Securities to be Purchased/Sold | |||||||||||||||||||||||||||
| David Hyman (1) | Chief Legal Officer | Adoption | 5/7/2024 | 8/6/2025 | 44,973 | |||||||||||||||||||||||||||
| Anne Sweeney (2) | Director | Adoption | 5/9/2024 | 8/8/2025 | 1,190 | |||||||||||||||||||||||||||
| Jay Hoag (3) | Director | Adoption | 5/10/2024 | 5/12/2025 | 175,499 |
| (1) David Hyman, Chief Legal Officer, entered into a pre-arranged stock trading plan pursuant to Rule 10b5-1 on May 7, 2024. Mr. Hyman's plan provides for the potential exercise of vested stock options and the associated sale of up to 44,973 shares of Netflix common stock. The plan expires on August 6, 2025, or upon the earlier completion of all authorized transactions under the plan. | ||
| (2) Anne Sweeney, a member of the Board of Directors, entered into a pre-arranged stock trading plan pursuant to Rule 10b5-1 on May 9, 2024. Ms. Sweeney's plan provides for the potential exercise of vested stock options and the associated sale of up to 1,190 shares of Netflix common stock. The plan expires on August 8, 2025, or upon the earlier completion of all authorized transactions under the plan. | ||
| (3) Jay Hoag, a member of the Board of Directors, trusts for which he serves as a trustee and a partnership for which he serves as the sole general partner and limited partner, entered into a pre-arranged stock trading plan pursuant to Rule 10b5-1 on May 10, 2024. The plan provides for the potential sale of up to 175,499 shares of Netflix common stock. The plan expires on May 12, 2025, or upon the earlier completion of all authorized transactions under the plan. |
Other than those disclosed above, none of our directors or officers adopted or terminated a "non-Rule 10b5-1 trading arrangement" as defined in Item 408 of Regulation S-K.
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