Netflix Inc CFO sells $612,109 in NFLX shares on the open market
The sale reduces the insider's holding by 11%, the filing shows.
Insider selling at Netflix Inc: Spencer Adam Neumann, the company's chief financial officer, sold 9,253 shares on Nov 4 for $612,109, at an average of $66.15 a share, a Form 4 filed on Nov 5 shows.
The Form 4 does not tick the Rule 10b5-1 box: the sale is not reported as part of a pre-arranged trading plan. After the trade, the filing lists 73,787 shares held.
Three Netflix Inc insiders sold on the open market within 14 days, a pattern known as a cluster sell. The trade was reported within two business days, as Section 16 requires.
The numbers below are taken from the Form 4 as filed with the SEC.
| Company | Netflix Inc (NFLX) |
|---|---|
| Insider | Spencer Adam Neumann |
| Role | CFO |
| Transaction | Open-market sale (code S) |
| Shares | 9,253 |
| Average price | $66.15 |
| Value | $612,109 |
| Trade date | Nov 4, 2026 |
| Filed with the SEC | Nov 5, 2026, 8:23 PM ET |
| Shares held after | 73,787 |
| Ownership | Direct |
| Rule 10b5-1 plan | Not marked in the filing |
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Source: SEC Form 4. Information only, not investment advice. Not affiliated with or endorsed by the U.S. Securities and Exchange Commission.
