Netflix Inc CEO sells $1.81M in NFLX shares on the open market
After the sale, the filing lists 178,954 shares held.
Theodore A. Sarandos sold about $1.8 million of Netflix Inc (NFLX) stock on Nov 4, according to an SEC filing. The chief executive officer received an average of $66.20 for 27,312 shares.
The Form 4 does not tick the Rule 10b5-1 box: the sale is not reported as part of a pre-arranged trading plan. The insider still holds 178,954 shares after the sale, 13% fewer than before.
The trade was reported within two business days, as Section 16 requires. Three Netflix Inc insiders sold on the open market within 14 days, a pattern known as a cluster sell.
Figures come from the Form 4 filed with the SEC; the table lists the open-market rows this article covers.
| Company | Netflix Inc (NFLX) |
|---|---|
| Insider | Theodore A. Sarandos |
| Role | CEO |
| Transaction | Open-market sale (code S) |
| Shares | 27,312 |
| Average price | $66.20 |
| Value | $1,808,049 |
| Trade date | Nov 4, 2026 |
| Filed with the SEC | Nov 5, 2026, 8:24 PM ET |
| Shares held after | 178,954 |
| Ownership | Direct |
| Rule 10b5-1 plan | Not marked in the filing |
See every transaction in this Netflix Inc filing
See earlier insider stories on Netflix Inc · See where several insiders traded together
Source: SEC Form 4. Information only, not investment advice. Not affiliated with or endorsed by the U.S. Securities and Exchange Commission.
