Insider trade

CFO sold ~$760K of NFLX shares in the open market

Traded Nov 3, 2025 · Filed Nov 6, 2025

NetflixNFLX

~$760K
Reported value · 695 sh @ $1,093.78: 3,681
Holds after · shares reported: -38.3%
stock since the trade · S&P 500 +11.8%, $110.009 → $67.85 on Oct 1

Why it stands out

The money chief of Netflix sold $760K of Netflix shares. Nobody planned it ahead of time.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: Nov 3, 2025
Reporting period: Not applicable
Filed with the SEC: Nov 6, 2025

CFO$500K–$1M

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$760,177

Shares × reported transaction price

Timing vs results

13 days after results of Oct 21, 2025, 78 days before results of Jan 20, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $110.009 on Nov 3, 2025, 46% above its 52-week low and 18% below its high, after a 10% drop over the previous 30 trading days

52-week range $75.551 (Nov 4, 2024) to $133.913 (Jun 30, 2025), 59% of the way up, from 250 adjusted closes. 30 trading days earlier: $122.737 on Sep 22, 2025. Describes the past only, not a forecast

Planned / mechanical clue

None found in footnotes

Only flagged when a footnote says so; never inferred

After it was reported

After	Stock	S&P 500	Difference
7 days	+5.2%	+0.3%	+5.0%
30 days	-11.8%	+2.0%	-13.8%
90 days	-26.9%	+2.4%	-29.3%
180 days	-19.9%	+8.0%	-27.9%

Past results only. Not a forecast.

Source receipt

Record ID: 0001065280-25-000443
Filed / recorded: Nov 6, 2025, 2:43 AM UTC
Added to OQRO: Oct 2, 2026, 3:52 AM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: NETFLIX INC
Issuer CIK: 1065280
Ticker: NFLX
Reporting person: Spencer Adam Neumann
Relationship: Officer
Officer title: Chief Financial Officer
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: Nov 3, 2025
Transaction code: S
Shares / units: 695
Price per share: $1,093.78
Acquired / disposed: Disposed (D)
Shares owned after: 3,681
Ownership form: Direct
Amendment: No

Around the same time

10mo ago

375KShares · @ $10.57

Derivative exercise or conversion — not an open-market buy.

Why it stands out Official record

Director sold ~$3.94M of Netflix

Scheduled in advance10mo ago

Director sold ~$15.2M of Netflix