Netflix (NFLX) CFO gets 18,418 shares; 9,170 withheld for tax
Rhea-AI Filing Summary
Netflix Chief Financial Officer Spencer Adam Neumann reported the vesting of 18,418 restricted stock units into an equal number of common shares on August 3, 2026, from three RSU grants made in 2024, 2025 and 2026. To satisfy related tax withholding obligations, a total of 9,170 shares was withheld at $71.71 per share; these shares were withheld for taxes rather than sold in the open market.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 9,248 shares
Net Buy
9 txns
Insider
Neumann Spencer Adam
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F3, F4 | 8,780 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F3, F5 | 4,890 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F3, F6 | 4,748 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 8,780 | -- | -- |
| Exercise | Common Stock F1 | 4,890 | -- | -- |
| Exercise | Common Stock F1 | 4,748 | -- | -- |
| Tax Withholding | Common Stock F2 | 4,371 | $71.71 | $313K |
| Tax Withholding | Common Stock F2 | 2,435 | $71.71 | $175K |
| Tax Withholding | Common Stock F2 | 2,364 | $71.71 | $170K |
Holdings After Transaction:
Restricted Stock Units — 75,983 shares (Direct);
Common Stock — 83,035 shares (Direct)
Footnotes (6)
- F1. Reflects restricted stock units (RSUs) that following vesting, settled in shares of Netflix common stock on a one-for-one basis.
- F2. Shares withheld to satisfy tax withholding obligations arising out of the vesting of RSUs.
- F3. Each RSU represents a contingent right to receive one share of Netflix common stock.
- F4. On January 25, 2024, the Reporting Person was granted 105,380 RSUs. Subject to the terms and conditions of the underlying award agreement, 1/12th of the RSUs vest on a quarterly basis beginning on February 3, 2024 (or, to the extent it is not a trading day, the first trading day thereafter).
- F5. On January 23, 2025, the Reporting Person was granted 58,700 RSUs. Subject to the terms and conditions of the underlying award agreement, 1/12th of the RSUs vest on a quarterly basis beginning on February 3, 2025 (or, to the extent it is not a trading day, the first trading day thereafter).
- F6. On January 22, 2026, the Reporting Person was granted 56,977 RSUs. Subject to the terms and conditions of the underlying award agreement, 1/12th of the RSUs vest on a quarterly basis beginning on February 3, 2026 (or, to the extent it is not a trading day, the first trading day thereafter).
Key Figures
RSUs vested into common stock: 18,418 shares
RSUs from 2024 grant vested: 8,780 units
RSUs from 2025 grant vested: 4,890 units
+5 more
8 metrics
RSUs vested into common stock
18,418 shares
Restricted stock units settled into common shares on August 3, 2026
RSUs from 2024 grant vested
8,780 units
Portion of January 25, 2024 RSU grant vesting and settling one-for-one into common stock
RSUs from 2025 grant vested
4,890 units
Portion of January 23, 2025 RSU grant vesting and settling one-for-one into common stock
RSUs from 2026 grant vested
4,748 units
Portion of January 22, 2026 RSU grant vesting and settling one-for-one into common stock
Shares withheld for taxes
9,170 shares
Total shares withheld to satisfy tax obligations arising from RSU vesting
Tax withholding price
$71.71 per share
Price used to determine shares withheld for tax liability on vested RSUs
2024 RSU grant size
105,380 RSUs
Grant to Spencer Neumann on January 25, 2024, vesting 1/12th quarterly from February 3, 2024
2025 RSU grant size
58,700 RSUs
Grant to Spencer Neumann on January 23, 2025, vesting 1/12th quarterly from February 3, 2025
Key Terms
Restricted Stock Units, tax withholding obligations, contingent right, trading day
4 terms
Restricted Stock Units financial
"Reflects restricted stock units (RSUs) that following vesting, settled in shares of Netflix common stock"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"Shares withheld to satisfy tax withholding obligations arising out of the vesting of RSUs"
contingent right financial
"Each RSU represents a contingent right to receive one share of Netflix common stock"
trading day financial
"1/12th of the RSUs vest on a quarterly basis beginning on February 3, 2024 (or, to the extent it is not a trading day"
A trading day is a calendar day when a stock exchange is open and securities can be bought or sold during its set market hours, like a store’s regular business hours. It matters to investors because price changes, order execution, daily volume, and settlement timing are tied to trading days, so performance, deadlines for trades or option expirations, and short-term strategies are measured and planned around them.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider stock transactions did Netflix (NFLX) CFO Spencer Neumann report?
Spencer Adam Neumann reported 18,418 RSUs vesting into the same number of Netflix common shares on August 3, 2026. In connection with this vesting, 9,170 shares were withheld at $71.71 per share to cover tax obligations, not as open‑market sales.
How many RSUs from each grant vested for Netflix (NFLX) CFO Spencer Neumann?
Three RSU tranches vested for Spencer Neumann: 8,780 units from a January 25, 2024 grant, 4,890 units from a January 23, 2025 grant, and 4,748 units from a January 22, 2026 grant, each settling one‑for‑one into Netflix common stock.
Were Netflix (NFLX) CFO Spencer Neumann’s reported transactions open-market buys or sells?
The reported activity reflects RSU vesting into common stock and shares withheld for tax obligations. The Form 4 does not show any open‑market purchases or sales; dispositions were specifically described as shares withheld to satisfy tax liabilities on the RSU vesting.
What are the vesting schedules of Netflix (NFLX) CFO Spencer Neumann’s RSU grants?
Neumann received RSU grants on January 25, 2024 (105,380 RSUs), January 23, 2025 (58,700 RSUs) and January 22, 2026 (56,977 RSUs). For each grant, 1/12th of the RSUs vest on a quarterly basis beginning on February 3 of the respective year, or the first trading day thereafter.