NFLX executive files Form 144 to sell 28,630 shares

NFLX: A Form 144 notice reports a proposed sale of 28,630 shares via exercise of stock options on 03/02/2026, to be settled in cash.

Accepted by SEC EDGAR 03/02/2026 - 04:41 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

NFLX: A Form 144 notice reports a proposed sale of 28,630 shares via exercise of stock options on 03/02/2026, to be settled in cash. The filing also lists prior 10b5-1 sales by Spencer Neumann of 57,260 shares on 02/27/2026 for $5,468,330.00 and 9,248 shares on 02/06/2026 for $751,597.91.

Insights

Corporate Governance Analyst

Routine insider resale activity under a 10b5-1 plan; limited immediate signal.

NFLX shows a proposed 28,630-share sale by exercise on 03/02/2026, described as cash-settled, alongside two recent 10b5-1 dispositions: 57,260 shares on 02/27/2026 and 9,248 shares on 02/06/2026 with the stated proceeds.

These entries are procedural notices of planned or completed transactions; cash-flow treatment for the March exercise is explicitly cash. Future filings will show actual transfers and broker reports if the sales occur.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the NFLX Form 144 report?

The Form 144 reports a proposed sale of 28,630 shares via option exercise on 03/02/2026. It also lists prior 10b5-1 sales of 57,260 and 9,248 shares on 02/27/2026 and 02/06/2026.

Who conducted the February 2026 sales listed in the filing for NFLX?

The filing identifies Spencer Neumann as the reporting person for the February transactions. It lists a 10b5-1 sale of 57,260 shares on 02/27/2026 and 9,248 shares on 02/06/2026, with proceeds shown.

How much proceeds were reported for the February NFLX 10b5-1 sales?

The filing shows proceeds of $5,468,330.00 for the 57,260-share sale on 02/27/2026 and $751,597.91 for the 9,248-share sale on 02/06/2026, as stated in the notice.

Is the March 2026 option exercise for NFLX cash-settled?

Yes. The Form 144 describes the 03/02/2026 transaction as an exercise of stock options settled in cash, for 28,630 shares listed to be sold under the notice.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001543133
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Netflix, Inc.
SEC File Number	001-35727
Address of Issuer	121 Albright Way Los Gatos CALIFORNIA 95032
Phone	4085403700
Name of Person for Whose Account the Securities are To Be Sold	SPENCER NEUMANN
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	28630	2755351.20	4222162150	03/02/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	03/02/2026	Exercise of Stock Options	Issuer			28630	03/02/2026	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
10b5-1 Sales for SPENCER NEUMANN 121 Albright Way Los Gatos CA 95032	Common	02/27/2026	57260	5468330.00
SPENCER NEUMANN 121 Albright Way Los Gatos CA 95032	Common	02/06/2026	9248	751597.91

144: Remarks and Signature

Remarks
Date of Notice	03/02/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	10/23/2025
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ Spencer Neumann
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)