Three Netflix Inc insiders sell $2.79M of stock within one day
Open-market sales on Nov 4, none marked as part of a 10b5-1 plan.
Form 4 filings show three Netflix Inc insiders selling stock on Nov 4, for a total of $2.79 million.
Theodore A. Sarandos (CEO) made the largest sale, $1.81 million at an average of $66.20 a share. The table below lists who sold, when, and at what price.
None of these filings marks the sale as made under a Rule 10b5-1 trading plan. Three or more insiders selling within 14 days is what Insider Stock Trader labels a cluster sell.
The numbers below are taken from the Form 4 as filed with the SEC.
| Insider | Role | Trade date | Shares | Avg. price | Value | Filing |
|---|---|---|---|---|---|---|
| David A. Hyman | Chief Legal Officer | Nov 4 | 5,727 | $64.55 | $369,678 | App · SEC |
| Spencer Adam Neumann | CFO | Nov 4 | 9,253 | $66.15 | $612,109 | App · SEC |
| Theodore A. Sarandos | CEO | Nov 4 | 27,312 | $66.20 | $1,808,049 | App · SEC |
| Total | $2,789,836 | |||||
See every insider trade at Netflix Inc
Each row of the table links to its Form 4 on SEC.gov.
See the latest cluster buys and sells · See earlier insider stories on Netflix Inc
Source: SEC Form 4. Information only, not investment advice. Not affiliated with or endorsed by the U.S. Securities and Exchange Commission.
