Insider trade

CEO sold ~$5.97M of NFLX shares in the open market

Traded Aug 3, 2026 · Filed Aug 4, 2026

NetflixNFLX

~$5.97M
Reported value · 82K sh @ $72.8985: 230K
Holds after · shares reported: -7.5%
stock since the trade · S&P 500 +0.8%, $73.33 → $67.85 on Oct 1

Why it stands out

The boss of Netflix sold $5.97M of Netflix shares. It was planned long ago, so it says very little.

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: Aug 3, 2026
Reporting period: Not applicable
Filed with the SEC: Aug 4, 2026

CEO$1M+Pre-arranged plan referenced

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$5,969,731

Shares × reported transaction price

Timing vs results

18 days after 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 $73.33 on Aug 3, 2026, 8% above its 52-week low and 42% below its high, after a 5% drop over the previous 30 trading days

52-week range $67.60 (Jul 20, 2026) to $126.325 (Sep 9, 2025), 10% of the way up, from 251 adjusted closes. 30 trading days earlier: $77.38 on Jun 18, 2026. Describes the past only, not a forecast

Layoff notice nearby

A WARN layoff notice covering 59 workers was filed in California on August 13, 2026.

From the official state WARN list, 10 days after the trade. Shown for timing only; the two filings are separate

Planned / mechanical clue

Footnote references a pre-arranged trading plan (Rule 10b5-1)

Only flagged when a footnote says so; never inferred

After it was reported

After	Stock	S&P 500	Difference
7 days	+0.0%	+0.3%	-0.3%
30 days	+5.5%	+0.1%	+5.4%

Past results only. Not a forecast.

Source receipt

Record ID: 0001065280-26-000234
Filed / recorded: Aug 4, 2026, 9:15 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: Theodore A Sarandos
Relationship: Director, Officer
Officer title: Co-CEO
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: Aug 3, 2026
Transaction code: S
Shares / units: 81,891
Price per share: $72.8985
Acquired / disposed: Disposed (D)
Shares owned after: 230,225
Ownership form: Direct
Amendment: No

Footnotes from the filing

Transaction made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 5/4/2026.
This transaction was executed in multiple trades at prices ranging from $72.2201 to $73.2196. 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.

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