Form 4: Netflix CFO Sells Shares
Insider Transaction (Form 4)
Spencer Adam Neumann, Chief Financial Officer of Netflix Inc, sold 9,253 shares of common stock on November 3, 2026 for $66.15 per share.
Summary
- Option exercise/conversion: acquired 8,790 Common Stock on November 3, 2026; holds 82,577 after (Direct).
- Option exercise/conversion: acquired 4,890 Common Stock on November 3, 2026; holds 87,467 after (Direct).
- Option exercise/conversion: acquired 4,748 Common Stock on November 3, 2026; holds 92,215 after (Direct).
- Tax/exercise-price withholding: disposed of 4,376 Common Stock at $62.34 ($272,800) on November 3, 2026; holds 87,839 after (Direct).
- Tax/exercise-price withholding: disposed of 2,435 Common Stock at $62.34 ($151,798) on November 3, 2026; holds 85,404 after (Direct).
- Tax/exercise-price withholding: disposed of 2,364 Common Stock at $62.34 ($147,372) on November 3, 2026; holds 83,040 after (Direct).
- Open-market sale: disposed of 9,253 Common Stock at $66.15 ($612,109) on November 4, 2026; holds 73,787 after (Direct).
- Option exercise/conversion: disposed of 8,790 Restricted Stock Units on November 3, 2026 (Direct).
- Option exercise/conversion: disposed of 4,890 Restricted Stock Units on November 3, 2026; holds 19,570 after (Direct).
- Option exercise/conversion: disposed of 4,748 Restricted Stock Units on November 3, 2026; holds 37,985 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative signal: an insider sold $612,109 of stock on the open market.
Insider Transactions
Spencer Adam Neumann — Officer (Chief Financial Officer)
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-11-03 | Option exercise/conversion | Common Stock | 8,790 | — | — | 82,577 |
| 2026-11-03 | Option exercise/conversion | Common Stock | 4,890 | — | — | 87,467 |
| 2026-11-03 | Option exercise/conversion | Common Stock | 4,748 | — | — | 92,215 |
| 2026-11-03 | Tax/exercise-price withholding | Common Stock | 4,376 | $62 | $272.8K | 87,839 |
| 2026-11-03 | Tax/exercise-price withholding | Common Stock | 2,435 | $62 | $151.8K | 85,404 |
| 2026-11-03 | Tax/exercise-price withholding | Common Stock | 2,364 | $62 | $147.4K | 83,040 |
| 2026-11-04 | Open-market sale | Common Stock | 9,253 | $66 | $612.1K | 73,787 |
| 2026-11-03 | Option exercise/conversion | Restricted Stock Units | 8,790 | — | — | 0 |
| 2026-11-03 | Option exercise/conversion | Restricted Stock Units | 4,890 | — | — | 19,570 |
| 2026-11-03 | Option exercise/conversion | Restricted Stock Units | 4,748 | — | — | 37,985 |
Key Dates
| Date | Description |
|---|---|
| 2026-11-03 | Option exercise/conversion (8,790 shares) |
| 2026-11-03 | Option exercise/conversion (4,890 shares) |
| 2026-11-03 | Option exercise/conversion (4,748 shares) |
| 2026-11-03 | Tax/exercise-price withholding (4,376 shares) |
| 2026-11-03 | Tax/exercise-price withholding (2,435 shares) |
| 2026-11-03 | Tax/exercise-price withholding (2,364 shares) |
| 2026-11-04 | Open-market sale (9,253 shares) |
| 2026-11-03 | Option exercise/conversion (8,790 shares) |
| 2026-11-03 | Option exercise/conversion (4,890 shares) |
| 2026-11-03 | Option exercise/conversion (4,748 shares) |
Keywords
insider transaction, Form 4, NFLX, NETFLIX INC, bearish, Spencer Adam Neumann
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