NFLXNetflix
Deals with insiders in the proxy filed 2026-04-16
Deals between NFLX and its directors, executives, owners of more than 5% or their families: a relative on the payroll, a plane the company charters from its CEO, a director's company that buys from it. SEC rules (Item 404) make the company list every such deal over $120,000 in its proxy statement.
New this year
Paragraphs about a deal, a person or a relative with nothing like them in the proxy filed 2025-04-17.
Agreements with Directors and Executive Officers“In 2025, Mr. Sarandos’ wife, an award-winning producer, was engaged to serve as a producer on two Netflix content productions. The compensation structures for her engagements were consistent with industry practice and with the compensation of other producers on the same productions. For producers that work on Netflix productions, compensation structure varies depending on the production, and other than any development fee that may be applicable, producer fees are contingent upon a production being greenlit. For one production, she is eligible to be compensated up to $500,000, contingent upon the production meeting certain milestones. To date, she has received $6,250 on this production. For a second production, she is eligible to be compensated up to $800,000, contingent upon the production meeting certain milestones. To date, she has not received any compensation on the second production. To the extent either one or both of the productions are not greenlit, she may not receive any further compensation.”
Read it in the proxy ↗
The whole section
5 paragraphs quoted as filed
Agreements with Directors and Executive Officers“We have entered into indemnification agreements with each of our directors and executive officers. These agreements require us to indemnify such individuals, to the fullest extent permitted by Delaware law, for certain liabilities to which they may become subject as a result of their affiliation with us.”
Read it in the proxy ↗
Agreements with Directors and Executive Officers“In 2025, Mr. Sarandos’ son, a working film editor, was engaged to serve as an editor on various Netflix content productions. His total compensation in fiscal year 2025 exceeded the $120,000 reporting threshold. The compensation he received was consistent with the level and type of compensation provided to other employees in similar positions and in accordance with relevant union fee rates.”
Read it in the proxy ↗
Agreements with Directors and Executive Officers“In 2025, Mr. Sarandos’ wife, an award-winning producer, was engaged to serve as a producer on two Netflix content productions. The compensation structures for her engagements were consistent with industry practice and with the compensation of other producers on the same productions. For producers that work on Netflix productions, compensation structure varies depending on the production, and other than any development fee that may be applicable, producer fees are contingent upon a production being greenlit. For one production, she is eligible to be compensated up to $500,000, contingent upon the production meeting certain milestones. To date, she has received $6,250 on this production. For a second production, she is eligible to be compensated up to $800,000, contingent upon the production meeting certain milestones. To date, she has not received any compensation on the second production. To the extent either one or both of the productions are not greenlit, she may not receive any further compensation.”
Read it in the proxy ↗
Procedures for Approval of Related Party Transactions“We have a written policy concerning the review and approval of related party transactions. Potential related party transactions are identified through an internal review process that includes a review of payments made in connection with transactions in which related persons may have had a direct or indirect material interest. Those transactions that are determined to be related party transactions under Item 404 of Regulation S-K are submitted for review by the Audit Committee for approval and to conduct a conflicts-of-interest analysis. The individual identified as the “related party” may not participate in any review or analysis of the related party transaction.”
Read it in the proxy ↗
Procedures for Approval of Related Party Transactions“The Audit Committee of the Board has selected Ernst & Young LLP (“EY”), an independent registered public accounting firm, to audit the financial statements of the Company for the year ending December 31, 2026. We are submitting its selection of EY for ratification by the stockholders at the Annual Meeting. A representative of EY is expected to be present at the Annual Meeting, will have the opportunity to make a statement and is expected to be available to respond to appropriate questions. EY has served as our independent registered public accounting firm since March 21, 2012. Neither applicable law nor our Bylaws require that stockholders ratify the selection of EY as our independent registered public accounting firm. However, we are submitting the selection of EY to stockholders for ratification as a matter of good corporate practice. If stockholders do not ratify the selection, the Audit Committee will reconsider whether to retain EY. Even if the selection is ratified, the Audit Committee, at its discretion, may change the appointment at any time during the year if they determine that such a change would be in the best interests of the Company and our stockholders.”
Read it in the proxy ↗
Paragraphs are compared by their words, not read by AI: one counts as new when no paragraph last year shares half of its words, or when it names a person or company last year's section did not. A deal reported again with a new amount is not new. Always check the filing. Open the proxy ↗ · Last year's proxy ↗