Insider trade

Officer sold ~$262K of NFLX shares in the open market

Traded Nov 6, 2025 · Filed Nov 7, 2025

NetflixNFLX

~$262K
Reported value · 238 sh @ $1,100.33: -38.1%
stock since the trade · S&P 500 +14.0%, $109.702 → $67.85 on Oct 1

Why it stands out

Netflix's Chief Global Affairs Officer sold $262K 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 6, 2025
Reporting period: Not applicable
Filed with the SEC: Nov 7, 2025

Officer$100K–$500K

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$261,879

Shares × reported transaction price

Timing vs results

16 days after results of Oct 21, 2025, 75 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 $109.702 on Nov 6, 2025, 38% above its 52-week low and 18% below its high, after a 9% drop over the previous 30 trading days

52-week range $79.504 (Nov 8, 2024) to $133.913 (Jun 30, 2025), 56% of the way up, from 250 adjusted closes. 30 trading days earlier: $120.824 on Sep 25, 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	+0.8%	+0.1%	+0.6%
30 days	-12.3%	+1.9%	-14.2%
90 days	-26.7%	+1.0%	-27.7%
180 days	-20.0%	+9.4%	-29.4%

Past results only. Not a forecast.

Source receipt

Record ID: 0001065280-25-000446
Filed / recorded: Nov 7, 2025, 1:40 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: Cletus R Willems
Relationship: Officer
Officer title: Chief Global Affairs Officer
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: Nov 6, 2025
Transaction code: S
Shares / units: 238
Price per share: $1,100.33
Acquired / disposed: Disposed (D)
Shares owned after: 0
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