Insider trade

CFO sold ~$823K of NFLX shares in the open market

Traded May 7, 2026 · Filed May 7, 2026

NetflixNFLX

~$823K
Reported value · 9,253 sh @ $88.9522: 74K
Holds after · shares reported: -23.1%
stock since the trade · S&P 500 +4.4%, $88.25 → $67.85 on Oct 1

Why it stands out

The money chief of Netflix sold $823K 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: May 7, 2026
Reporting period: Not applicable
Filed with the SEC: May 7, 2026

CFO$500K–$1M

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$823,075

Shares × reported transaction price

Timing vs results

21 days after results of Apr 16, 2026, 70 days before results of Jul 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 $88.25 on May 7, 2026, 16% above its 52-week low and 34% below its high, after a 4% drop over the previous 30 trading days

52-week range $75.86 (Feb 12, 2026) to $133.913 (Jun 30, 2025), 21% of the way up, from 251 adjusted closes. 30 trading days earlier: $92.28 on Mar 25, 2026. 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	-0.5%	+0.2%	-0.8%
30 days	-5.5%	+0.2%	-5.8%
90 days	-15.8%	+4.2%	-20.0%

Past results only. Not a forecast.

Source receipt

Record ID: 0001065280-26-000172
Filed / recorded: May 7, 2026, 10:09 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: Spencer Adam Neumann
Relationship: Officer
Officer title: Chief Financial Officer
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: May 7, 2026
Transaction code: S
Shares / units: 9,253
Price per share: $88.9522
Acquired / disposed: Disposed (D)
Shares owned after: 73,787
Ownership form: Direct
Amendment: No

Around the same time

4mo ago

387KShares · @ $10.263

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

Why it stands out Official record

Director sold ~$28.6M of Netflix

Scheduled in advance4mo ago

Director sold ~$4.66M of Netflix

Scheduled in advance4mo ago