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sellModerate cluster of 6

Spencer Adam Neumann sold $760k of NFLX

Chief Financial Officer at NETFLIX INC. 695 shares at an average of $1,093.78, traded Nov 3, 2025, filed Nov 5, 2025.

Warning score
49
Value
$760k
695 shares
Holdings after
3,681
-16% from before
From 52-week low
+46%
low $75.55, close $110.01
From 52-week high
-18%
high $133.91, as of Nov 3, 2025

Score components

  • Role
    CFO
    +22
  • Trade size
    $760k at market
    +22
  • Share of holdings sold
    Sold 16% of holdings
    +5
  • Cluster
    6 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.

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 9, 2026 · close 70.30
Since filing Nov 5, 2025: -36.0%SPY +16.1% · excess -52.1%

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 0001065280-25-000443, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Nov 3, 2025MOption exercise
Common Stock
+878--4,569Nov 5, 2025
Nov 3, 2025MOption exercise
Common Stock
+489--5,058Nov 5, 2025
Nov 3, 2025FTax withholding
Common Stock
-438$1,118.86$490k4,620Nov 5, 2025
Nov 3, 2025FTax withholding
Common Stock
-244$1,118.86$273k4,376Nov 5, 2025
Nov 3, 2025SOpen-market sale
Common Stock
-695$1,093.78$760k3,681Nov 5, 2025
Nov 3, 2025MOption exercise
Restricted Stock Unitsderivative
-878$0.00$03,513Nov 5, 2025
Nov 3, 2025MOption exercise
Restricted Stock Unitsderivative
-489$0.00$03,914Nov 5, 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%
25Weak
NFLXsell10b5-1
NETFLIX INC
Reed Hastings
Executive Chairman
$40M
410,550 shares
-99%
40Moderate
NFLXsell 2
NETFLIX INC
David A Hyman
Chief Legal Officer
$464k
5,727 shares
-2%
33Weak
NFLXsell 210b5-1
NETFLIX INC
Reed Hastings
Executive Chairman
$33M
390,970 shares
-99%
28Weak
NFLXsell 210b5-1
NETFLIX INC
David A Hyman
Chief Legal Officer
$2.1M
23,439 shares
-7%
33Weak
NFLXsell 210b5-1
NETFLIX INC
Reed Hastings
Executive Chairman
$39M
426,290 shares
-99%
25Weak
NFLXsell10b5-1
NETFLIX INC
Reed Hastings
Executive Chairman
$41M
375,470 shares
-99%
63Notable
NFLXsell 6
NETFLIX INC
Cletus R Willems
Chief Global Affairs Officer
$262k
238 shares
-100%
30Weak
NFLXsell 610b5-1
NETFLIX INC
David A Hyman
Chief Legal Officer
$35M
31,462 shares
-50%

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 $760k of NFLX | InsiderTell