Netflix (NFLX) CFO receives 56,977 RSUs vesting from 2026

Rhea-AI Filing Summary

Netflix Inc. reported that its Chief Financial Officer, Spencer Neumann, received a grant of 56,977 restricted stock units (RSUs) on January 22, 2026. Each RSU represents a contingent right to receive one share of Netflix common stock at no purchase price. Subject to the award terms, 1/12 of the RSUs will vest on a quarterly basis starting February 3, 2026, or the next trading day, until fully vested. Following this grant, Neumann beneficially owns 56,977 derivative securities directly in the form of RSUs.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Neumann Spencer Adam

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	56,977	$0.00	--

Holdings After Transaction: Restricted Stock Units — 56,977 shares (Direct)

Footnotes (1)

1. Each restricted stock unit (RSU) represents a contingent right to receive one share of Netflix common stock. Subject to the terms and conditions of the underlying award agreements, 1/12th of the RSUs will 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).

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Neumann Spencer Adam

(Last) (First) (Middle)

121 ALBRIGHT WAY

(Street)

LOS GATOS CA 95032

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
NETFLIX INC [ NFLX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
01/22/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	01/22/2026		A		56,977		(2)	(2)	Common Stock	56,977	$0	56,977	D

Explanation of Responses:

1. Each restricted stock unit (RSU) represents a contingent right to receive one share of Netflix common stock.

2. Subject to the terms and conditions of the underlying award agreements, 1/12th of the RSUs will 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).

Remarks:

	By: Veronique Bourdeau, Authorized Signatory For: Spencer Neumann	01/23/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Netflix (NFLX) report for its CFO?

Netflix reported that Chief Financial Officer Spencer Neumann received a grant of 56,977 restricted stock units (RSUs) on January 22, 2026, as shown in a Form 4 filing.

How many Netflix RSUs were granted to CFO Spencer Neumann?

Spencer Neumann was granted 56,977 restricted stock units (RSUs), each representing a contingent right to receive one share of Netflix common stock.

When do the newly granted Netflix RSUs start vesting for the CFO?

The RSUs begin vesting on February 3, 2026, or the first trading day thereafter. 1/12 of the RSUs vest on a quarterly basis from that date under the award terms.

What does each restricted stock unit (RSU) represent in the Netflix CFO grant?

Each RSU in this grant represents a contingent right to receive one share of Netflix common stock, subject to the vesting schedule and award conditions.

Is the Netflix CFO’s RSU ownership direct or indirect after this grant?

After the reported transaction, the 56,977 RSUs are held directly by Chief Financial Officer Spencer Neumann, as indicated by the ownership code "D" in the filing.

Does the Netflix CFO pay a price per share for these RSUs?

The Form 4 shows a price of $0 per RSU, indicating this is an equity award that does not require a purchase price for the underlying shares as they vest.