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sellModerate cluster of 13

Spencer Adam Neumann sold $783k of NFLX

Chief Financial Officer at NETFLIX INC. 686 shares at an average of $1,141.28, traded May 6, 2025, filed May 7, 2025.

Warning score
49
Value
$783k
686 shares
Holdings after
3,691
-16% from before
From 52-week low
+67%
low $68.15, close $113.77
From 52-week high
-2%
high $115.65, as of May 6, 2025

Score components

  • Role
    CFO
    +22
  • Trade size
    $783k at market
    +22
  • Share of holdings sold
    Sold 16% of holdings
    +5
  • Cluster
    13 insiders selling within 14 days
    +15
  • Exercise and sell
    Shares came from an option exercise in the same filing
    -15

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 +7.4%, 3m +2.0%, 6m -4.9%.

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 May 7, 2025: -39.0%SPY +40.9% · excess -80.0%

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 0001065280-25-000239, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
May 5, 2025MOption exercise
Common Stock
+879--4,570May 7, 2025
May 5, 2025MOption exercise
Common Stock
+489--5,059May 7, 2025
May 5, 2025FTax withholding
Common Stock
-438$1,156.49$507k4,621May 7, 2025
May 5, 2025FTax withholding
Common Stock
-244$1,156.49$282k4,377May 7, 2025
May 6, 2025SOpen-market sale
Common Stock
-686$1,141.28$783k3,691May 7, 2025
May 5, 2025MOption exercise
Restricted Stock Unitsderivative
-879$0.00$05,269May 7, 2025
May 5, 2025MOption exercise
Restricted Stock Unitsderivative
-489$0.00$04,892May 7, 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
Co-CEO
$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 $783k of NFLX | InsiderTell