Netflix (NFLX) CFO Neumann logs RSU vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Netflix Chief Financial Officer Spencer Neumann reported routine equity compensation activity on February 3, 2026. Several blocks of restricted stock units vested and converted into Netflix common stock on a one-for-one basis, adding 8,780, 4,890, and 4,748 shares, respectively.
To cover tax withholding from these vestings, the company withheld 4,371, 2,435, and 2,364 shares at a value of $82.76 per share. After these transactions, Neumann directly held 83,035 shares of Netflix common stock and retained 26,350, 34,250, and 52,229 RSUs from prior grants. The holdings reflect a previously completed ten-for-one forward stock split.
Positive
- None.
Negative
- None.
Insider Trade Summary
18,418 shares exercised/converted
Mixed
9 txns
Insider
Neumann Spencer Adam
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 8,780 | $0.00 | -- |
| Exercise | Restricted Stock Units | 4,890 | $0.00 | -- |
| Exercise | Restricted Stock Units | 4,748 | $0.00 | -- |
| Exercise | Common Stock | 8,780 | $0.00 | -- |
| Exercise | Common Stock | 4,890 | $0.00 | -- |
| Exercise | Common Stock | 4,748 | $0.00 | -- |
| Tax Withholding | Common Stock | 4,371 | $82.76 | $362K |
| Tax Withholding | Common Stock | 2,435 | $82.76 | $202K |
| Tax Withholding | Common Stock | 2,364 | $82.76 | $196K |
Holdings After Transaction:
Restricted Stock Units — 26,350 shares (Direct);
Common Stock — 82,567 shares (Direct)
Footnotes (1)
- Reflects restricted stock units (RSUs) that following vesting, settled in shares of Netflix common stock on a one-for-one basis. Shares withheld to satisfy tax withholding obligations arising out of the vesting of RSUs. Each RSU represents a contingent right to receive one share of Netflix common stock. 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). 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). 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).
FAQ
What insider transaction did Netflix (NFLX) CFO Spencer Neumann report?
Spencer Neumann reported RSU vesting and related tax withholding transactions. RSUs converted into common stock, and some shares were withheld at $82.76 per share to cover taxes, leaving him with 83,035 directly held Netflix shares and multiple remaining RSU awards.
What RSU grants underpin the Netflix (NFLX) CFO’s current awards?
The RSUs stem from grants of 105,380 units on January 25, 2024, 58,700 units on January 23, 2025, and 56,977 units on January 22, 2026. For each grant, one-twelfth vests quarterly starting the following February 3, subject to the award agreement terms.
How did Netflix’s ten-for-one stock split affect this Form 4 for NFLX?
The filing notes that amounts are adjusted for a ten-for-one forward stock split effective after market close on November 14, 2025. This means all share and RSU figures in the report reflect the post-split share count, making the holdings appear ten times larger numerically.