Insider trade

Officer sold ~$464K of NFLX shares in the open market

Traded Feb 9, 2026 · Filed Feb 11, 2026

NetflixNFLX

~$464K
Reported value · 5,727 sh @ $81.0601: 316K
Holds after · shares reported: -17.1%
stock since the trade · S&P 500 +11.7%, $81.47 → $67.50 on Oct 5

Why it stands out

Netflix's Chief Legal Officer sold $464K 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: Feb 9, 2026
Reporting period: Not applicable
Filed with the SEC: Feb 11, 2026

Officer$100K–$500K

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$464,231

Shares × reported transaction price

Timing vs results

20 days after results of Jan 20, 2026, 66 days before results of Apr 16, 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 $81.47 on Feb 9, 2026, within 2% of its 52-week low, after a 13% drop over the previous 30 trading days

52-week range $79.94 (Feb 3, 2026) to $133.913 (Jun 30, 2025), 3% of the way up, from 251 adjusted closes. 30 trading days earlier: $93.64 on Dec 24, 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	+1.5%	+0.5%	+1.0%
30 days	+25.5%	-1.8%	+27.3%
90 days	+15.4%	+9.0%	+6.5%
180 days	-1.4%	+13.1%	-14.5%

Past results only. Not a forecast.

Source receipt

Record ID: 0001065280-26-000087
Filed / recorded: Feb 11, 2026, 10:43 PM 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: David A Hyman
Relationship: Officer
Officer title: Chief Legal Officer
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: Feb 9, 2026
Transaction code: S
Shares / units: 5,727
Price per share: $81.0601
Acquired / disposed: Disposed (D)
Shares owned after: 316,100
Ownership form: Direct
Amendment: No

Footnotes from the filing

This transaction was executed in multiple trades at prices ranging from $81.06 to $81.065. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.