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, 2026, 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 | |||||||||||||||||||||||||||
| Richard Barton(1) | Director | Adoption | 5/4/2026 | 8/13/2027 | 25,920 | |||||||||||||||||||||||||||
| Ted Sarandos(2) | Co-Chief Executive Officer and Director | Adoption | 5/4/2026 | 4/30/2027 | 643,224 |
| (1) Richard Barton, a member of the Board of Directors, entered into a pre-arranged stock trading plan pursuant to Rule 10b5-1 on May 4, 2026. Mr. Barton’s plan provides for the potential exercise of vested stock options and the sale of up to 25,920 shares of Netflix common stock. The plan expires on August 13, 2027, or upon the earlier completion of all authorized transactions under the plan. | ||
| (2) Ted Sarandos, co-CEO and a member of the Board of Directors, entered into a pre-arranged stock trading plan pursuant to Rule 10b5-1 on May 4, 2026. Mr. Sarandos’ plan provides for the potential exercise of vested stock options and the sale of up to 643,224 shares of Netflix common stock. The plan expires on April 30, 2027, 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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