Skip to content
sellWeak cluster of 210b5-1 plan

Spencer Adam Neumann sold $2.8M of NFLX

Chief Financial Officer at NETFLIX INC. 28,630 shares at an average of $97.00, traded Mar 2, 2026, filed Mar 3, 2026.

Warning score
30
Value
$2.8M
28,630 shares
Holdings after
73,787
-28% from before
From 52-week low
+28%
low $75.86, close $97.09
From 52-week high
-28%
high $133.91, as of Mar 2, 2026

Score components

  • Role
    CFO
    +22
  • Trade size
    $2.8M at market
    +25
  • Share of holdings sold
    Sold 28% of holdings
    +10
  • Cluster
    2 insiders selling within 14 days
    +8
  • 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.

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 Mar 3, 2026: -28.0%SPY +15.3% · excess -43.4%

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 0001065280-26-000103, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Mar 2, 2026MOption exercise
Common Stock10b5-1
+6,330$35.80$227k80,117Mar 3, 2026
Mar 2, 2026MOption exercise
Common Stock10b5-1
+22,300$38.11$850k102,417Mar 3, 2026
Mar 2, 2026SOpen-market sale
Common Stock10b5-1
-28,630$97.00$2.8M73,787Mar 3, 2026
Mar 2, 2026MOption exercise
Non-Qualified Stock Option (right to buy)derivative10b5-1
-6,330$0.00$00Mar 3, 2026
Mar 2, 2026MOption exercise
Non-Qualified Stock Option (right to buy)derivative10b5-1
-22,300$0.00$07,770Mar 3, 2026

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%
33Weak
NFLXsell 210b5-1
NETFLIX INC
Reed Hastings
Executive Chairman
$40M
410,550 shares
-99%
30Weak
NFLXsell 210b5-1
NETFLIX INC
Spencer Adam Neumann
Chief Financial Officer
$5.5M
57,260 shares
-44%
47Moderate
NFLXsell 5
NETFLIX INC
David A Hyman
Chief Legal Officer
$464k
5,727 shares
-2%
63Notable
NFLXsell 5
NETFLIX INC
Cletus R Willems
Chief Global Affairs Officer
$259k
3,136 shares
-100%
70Notable
NFLXsell 5
NETFLIX INC
Gregory K Peters
Co-CEO
$2.3M
27,312 shares
-18%
64Notable
NFLXsell 5
NETFLIX INC
Spencer Adam Neumann
Chief Financial Officer
$752k
9,248 shares
-11%
40Moderate
NFLXsell 510b5-1
NETFLIX INC
Reed Hastings
Executive Chairman
$33M
390,970 shares
-99%
55Moderate
NFLXsell 610b5-1
NETFLIX INC
Gregory K Peters
Co-CEO
$8.8M
105,781 shares
-46%

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 $2.8M of NFLX | InsiderTell