Form 4: Netflix Executive Sells Shares
Insider Transaction (Form 4)
David A Hyman, Chief Legal Officer of Netflix Inc, sold 5,723 shares of common stock on August 3, 2026 for $72.85 per share.
Summary
- Option exercise/conversion: acquired 5,440 Common Stock on August 3, 2026; holds 321,540 after (Direct).
- Option exercise/conversion: acquired 3,020 Common Stock on August 3, 2026; holds 324,560 after (Direct).
- Option exercise/conversion: acquired 2,940 Common Stock on August 3, 2026; holds 327,500 after (Direct).
- Tax/exercise-price withholding: disposed of 2,709 Common Stock at $71.71 ($194,262) on August 3, 2026; holds 324,791 after (Direct).
- Tax/exercise-price withholding: disposed of 1,504 Common Stock at $71.71 ($107,852) on August 3, 2026; holds 323,287 after (Direct).
- Tax/exercise-price withholding: disposed of 1,464 Common Stock at $71.71 ($104,983) on August 3, 2026; holds 321,823 after (Direct).
- Open-market sale: disposed of 5,723 Common Stock at $72.85 ($416,899) on August 4, 2026; holds 316,100 after (Direct).
- Option exercise/conversion: disposed of 5,440 Restricted Stock Units on August 3, 2026; holds 5,440 after (Direct).
- Option exercise/conversion: disposed of 3,020 Restricted Stock Units on August 3, 2026; holds 15,150 after (Direct).
- Option exercise/conversion: disposed of 2,940 Restricted Stock Units on August 3, 2026; holds 26,454 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative signal: an insider sold $416,899 of stock on the open market.
Insider Transactions
David A Hyman — Officer (Chief Legal Officer)
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-03 | Option exercise/conversion | Common Stock | 5,440 | — | — | 321,540 |
| 2026-08-03 | Option exercise/conversion | Common Stock | 3,020 | — | — | 324,560 |
| 2026-08-03 | Option exercise/conversion | Common Stock | 2,940 | — | — | 327,500 |
| 2026-08-03 | Tax/exercise-price withholding | Common Stock | 2,709 | $72 | $194.3K | 324,791 |
| 2026-08-03 | Tax/exercise-price withholding | Common Stock | 1,504 | $72 | $107.9K | 323,287 |
| 2026-08-03 | Tax/exercise-price withholding | Common Stock | 1,464 | $72 | $105.0K | 321,823 |
| 2026-08-04 | Open-market sale | Common Stock | 5,723 | $73 | $416.9K | 316,100 |
| 2026-08-03 | Option exercise/conversion | Restricted Stock Units | 5,440 | — | — | 5,440 |
| 2026-08-03 | Option exercise/conversion | Restricted Stock Units | 3,020 | — | — | 15,150 |
| 2026-08-03 | Option exercise/conversion | Restricted Stock Units | 2,940 | — | — | 26,454 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-03 | Option exercise/conversion (5,440 shares) |
| 2026-08-03 | Option exercise/conversion (3,020 shares) |
| 2026-08-03 | Option exercise/conversion (2,940 shares) |
| 2026-08-03 | Tax/exercise-price withholding (2,709 shares) |
| 2026-08-03 | Tax/exercise-price withholding (1,504 shares) |
| 2026-08-03 | Tax/exercise-price withholding (1,464 shares) |
| 2026-08-04 | Open-market sale (5,723 shares) |
| 2026-08-03 | Option exercise/conversion (5,440 shares) |
| 2026-08-03 | Option exercise/conversion (3,020 shares) |
| 2026-08-03 | Option exercise/conversion (2,940 shares) |
Keywords
insider transaction, Form 4, NFLX, NETFLIX INC, bearish, David A Hyman
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