Form 4: Netflix Executive Sells Shares
Insider Transaction (Form 4)
Theodore A Sarandos, Co-CEO and a Director of Netflix Inc, sold 27,312 shares of common stock on November 3, 2026 for $66.20 per share.
Summary
- Option exercise/conversion: acquired 14,018 Common Stock on November 3, 2026; holds 192,972 after (Direct).
- Option exercise/conversion: acquired 25,930 Common Stock on November 3, 2026; holds 218,902 after (Direct).
- Option exercise/conversion: acquired 14,440 Common Stock on November 3, 2026; holds 233,342 after (Direct).
- Tax/exercise-price withholding: disposed of 6,979 Common Stock at $62.34 ($435,071) on November 3, 2026; holds 226,363 after (Direct).
- Tax/exercise-price withholding: disposed of 12,908 Common Stock at $62.34 ($804,685) on November 3, 2026; holds 213,455 after (Direct).
- Tax/exercise-price withholding: disposed of 7,189 Common Stock at $62.34 ($448,162) on November 3, 2026; holds 206,266 after (Direct).
- Open-market sale: disposed of 27,312 Common Stock at $66.20 ($1,808,049) on November 4, 2026; holds 178,954 after (Direct).
- Option exercise/conversion: disposed of 25,930 Restricted Stock Units on November 3, 2026 (Direct).
- Option exercise/conversion: disposed of 14,440 Restricted Stock Units on November 3, 2026; holds 57,770 after (Direct).
- Option exercise/conversion: disposed of 14,018 Restricted Stock Units on November 3, 2026; holds 112,144 after (Direct).
Sentiment
Score: 3
Explanation: StockSavvy.ai views this as a mildly negative signal: an insider sold $1,808,049 of stock on the open market.
Insider Transactions
Theodore A Sarandos — Director, Officer (Co-CEO)
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-11-03 | Option exercise/conversion | Common Stock | 14,018 | — | — | 192,972 |
| 2026-11-03 | Option exercise/conversion | Common Stock | 25,930 | — | — | 218,902 |
| 2026-11-03 | Option exercise/conversion | Common Stock | 14,440 | — | — | 233,342 |
| 2026-11-03 | Tax/exercise-price withholding | Common Stock | 6,979 | $62 | $435.1K | 226,363 |
| 2026-11-03 | Tax/exercise-price withholding | Common Stock | 12,908 | $62 | $804.7K | 213,455 |
| 2026-11-03 | Tax/exercise-price withholding | Common Stock | 7,189 | $62 | $448.2K | 206,266 |
| 2026-11-04 | Open-market sale | Common Stock | 27,312 | $66 | $1.8M | 178,954 |
| 2026-11-03 | Option exercise/conversion | Restricted Stock Units | 25,930 | — | — | 0 |
| 2026-11-03 | Option exercise/conversion | Restricted Stock Units | 14,440 | — | — | 57,770 |
| 2026-11-03 | Option exercise/conversion | Restricted Stock Units | 14,018 | — | — | 112,144 |
Key Dates
| Date | Description |
|---|---|
| 2026-11-03 | Option exercise/conversion (14,018 shares) |
| 2026-11-03 | Option exercise/conversion (25,930 shares) |
| 2026-11-03 | Option exercise/conversion (14,440 shares) |
| 2026-11-03 | Tax/exercise-price withholding (6,979 shares) |
| 2026-11-03 | Tax/exercise-price withholding (12,908 shares) |
| 2026-11-03 | Tax/exercise-price withholding (7,189 shares) |
| 2026-11-04 | Open-market sale (27,312 shares) |
| 2026-11-03 | Option exercise/conversion (25,930 shares) |
| 2026-11-03 | Option exercise/conversion (14,440 shares) |
| 2026-11-03 | Option exercise/conversion (14,018 shares) |
Keywords
insider transaction, Form 4, NFLX, NETFLIX INC, bearish, Theodore A Sarandos
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