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sellWeak cluster of 310b5-1 plan

Spencer Adam Neumann sold $2.4M of NFLX

Chief Financial Officer at NETFLIX INC. 2,601 shares at an average of $921.72, traded Apr 1, 2025, filed Apr 2, 2025.

Warning score
37
Value
$2.4M
2,601 shares
Holdings after
3,691
-41% from before
From 52-week low
+36%
low $68.15, close $92.84
From 52-week high
-12%
high $105.86, as of Apr 1, 2025

Score components

  • Role
    CFO
    +22
  • Trade size
    $2.4M at market
    +25
  • Share of holdings sold
    Sold 41% of holdings
    +10
  • Cluster
    3 insiders selling within 14 days
    +15
  • Exercise and sell
    Shares came from an option exercise in the same filing
    -15
  • 10b5-1 plan
    Pre-scheduled under a 10b5-1 plan
    -20

What happened after comparable sells

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

This signal so far: 1m +23.6%, 3m +37.3%, 6m +25.2%.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

NFLXOct 13, 2026 · close 70.46
Since filing Apr 2, 2025: -24.7%SPY +40.1% · excess -64.8%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0001065280-25-000152, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Apr 1, 2025MOption exercise
Common Stock10b5-1
+2,601$336.63$876k6,292Apr 2, 2025
Apr 1, 2025SOpen-market sale
Common Stock10b5-1
-400$914.78$366k5,892Apr 2, 2025
Apr 1, 2025SOpen-market sale
Common Stock10b5-1
-200$916.87$183k5,692Apr 2, 2025
Apr 1, 2025SOpen-market sale
Common Stock10b5-1
-200$917.95$184k5,492Apr 2, 2025
Apr 1, 2025SOpen-market sale
Common Stock10b5-1
-200$918.99$184k5,292Apr 2, 2025
Apr 1, 2025SOpen-market sale
Common Stock10b5-1
-300$921.12$276k4,992Apr 2, 2025
Apr 1, 2025SOpen-market sale
Common Stock10b5-1
-300$922.06$277k4,692Apr 2, 2025
Apr 1, 2025SOpen-market sale
Common Stock10b5-1
-226$924.61$209k4,466Apr 2, 2025
Apr 1, 2025SOpen-market sale
Common Stock10b5-1
-338$925.64$313k4,128Apr 2, 2025
Apr 1, 2025SOpen-market sale
Common Stock10b5-1
-337$928.25$313k3,791Apr 2, 2025
Apr 1, 2025SOpen-market sale
Common Stock10b5-1
-100$931.09$93k3,691Apr 2, 2025
Apr 1, 2025MOption exercise
Non-Qualified Stock Option (right to buy)derivative10b5-1
-2,601$0.00$0486Apr 2, 2025

Related signals

Other insiders at NETFLIX INC and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
0Weak
NFLXsell10b5-1
NETFLIX INC
Richard N Barton
director
$109k
1,440 shares
-45%
0Weak
NFLXsell10b5-1
NETFLIX INC
Richard N Barton
director
$56k
720 shares
-23%
63Notable
NFLXsell 5
NETFLIX INC
Spencer Adam Neumann
Chief Financial Officer
$701k
9,248 shares
-11%
26Weak
NFLXsell 510b5-1
NETFLIX INC
Richard N Barton
director
$162k
2,160 shares
-90%
70Notable
NFLXsell 5
NETFLIX INC
Gregory K Peters
Co-CEO
$2.0M
27,312 shares
-18%
31Weak
NFLXsell 5
NETFLIX INC
David A Hyman
Chief Legal Officer
$417k
5,723 shares
-2%
40Moderate
NFLXsell 510b5-1
NETFLIX INC
Theodore A Sarandos
Co-CEO
$9.7M
133,162 shares
-43%
15Weak
NFLXsell10b5-1
NETFLIX INC
Bradford L Smith
director
$2.8M
35,990 shares
-31%
25Weak
NFLXsell10b5-1
NETFLIX INC
Reed Hastings
Executive Chairman
$33M
386,700 shares
-99%
65Notable
NFLXsell 5
NETFLIX INC
Spencer Adam Neumann
Chief Financial Officer
$823k
9,253 shares
-11%

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.

Spencer Adam Neumann sold $2.4M of NFLX | InsiderTell