Netflix Inc. (NFLX) details 6,157 RSUs vesting and tax share withholding
Rhea-AI Filing Summary
Netflix Inc. Chief Global Affairs Officer Cletus R. Willems reported equity compensation activity on August 3, 2026. In total, 6,157 restricted stock units vested and settled into the same number of common shares. To satisfy tax obligations, 3,021 shares were withheld at $71.71 per share. The vested RSUs come from prior grants of 37,910, 16,110 and 18,450 RSUs that vest on a scheduled quarterly basis.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,136 shares
Net Buy
9 txns
Insider
Willems Cletus R
Role
Chief Global Affairs Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F3, F4 | 3,160 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F3, F5 | 1,460 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F3, F6 | 1,537 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 3,160 | -- | -- |
| Exercise | Common Stock F1 | 1,460 | -- | -- |
| Exercise | Common Stock F1 | 1,537 | -- | -- |
| Tax Withholding | Common Stock F2 | 1,550 | $71.71 | $111K |
| Tax Withholding | Common Stock F2 | 717 | $71.71 | $51K |
| Tax Withholding | Common Stock F2 | 754 | $71.71 | $54K |
Holdings After Transaction:
Restricted Stock Units — 40,128 shares (Direct);
Common Stock — 6,277 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 April 28, 2025, the Reporting Person was granted 37,910 RSUs. Subject to the terms and conditions of the underlying award agreements, 1/12th of the RSUs will vest on a quarterly basis beginning on May 3, 2025 (or, to the extent it is not a trading day, the first trading day thereafter).
- F5. On April 28, 2025, the Reporting Person was granted 16,110 RSUs. Subject to the terms and conditions of the underlying award agreements, 1/11th of the RSUs will vest on a quarterly basis beginning on May 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 18,450 RSUs. 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).
Key Figures
RSUs Vested and Settled: 6,157 units
Shares Withheld for Taxes: 3,021 shares
Tax Withholding Price: $71.71 per share
+4 more
7 metrics
RSUs Vested and Settled
6,157 units
Restricted stock units vested and settled into common shares on August 3, 2026
Shares Withheld for Taxes
3,021 shares
Common shares withheld to satisfy tax withholding obligations on RSU vesting
Tax Withholding Price
$71.71 per share
Per-share value used for tax withholding dispositions (code F) of common stock
RSU Grant Size 1
37,910 RSUs
Grant dated April 28, 2025, vesting 1/12th quarterly beginning May 3, 2025
RSU Grant Size 2
16,110 RSUs
Grant dated April 28, 2025, vesting 1/11th quarterly beginning May 3, 2025
RSU Grant Size 3
18,450 RSUs
Grant dated January 22, 2026, vesting 1/12th quarterly beginning February 3, 2026
Derivative Exercises
3 transactions, 6,157 units
Code M exercises or conversions of RSUs into common stock
Key Terms
Restricted Stock Units, vesting, tax withholding obligations, contingent right
4 terms
Restricted Stock Units financial
"Reflects restricted stock units (RSUs) that following vesting, settled in shares"
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.
vesting financial
"RSUs will vest on a quarterly basis beginning on May 3, 2025"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
tax withholding obligations financial
"Shares withheld to satisfy tax withholding obligations arising out of the vesting"
contingent right financial
"Each RSU represents a contingent right to receive one share of Netflix common"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider activity did Netflix (NFLX) report for Cletus R. Willems?
Cletus R. Willems reported 6,157 RSUs vesting into the same number of Netflix common shares. These shares arose from previously granted RSU awards that vest quarterly under their award agreements as part of his executive compensation package.
What RSU grants underlie the reported transactions for Netflix (NFLX)?
The activity relates to RSU grants of 37,910, 16,110 and 18,450 units. Each grant vests in specified fractional installments (1/12th or 1/11th) on a quarterly basis, beginning in May 2025 or February 2026 depending on the grant.
Were the Netflix (NFLX) insider transactions open-market buys or sells?
The report shows RSU vesting and tax withholding, not open-market trades. Common shares were acquired upon RSU settlement, and a portion of those shares was disposed of solely to satisfy tax withholding obligations, using a per-share value of $71.71.
What role does Cletus R. Willems hold at Netflix (NFLX) in this report?
Cletus R. Willems is identified as Chief Global Affairs Officer of Netflix. The reported transactions reflect equity compensation tied to this executive role, including scheduled RSU vesting and associated tax share withholding on August 3, 2026.