Netflix (NFLX) CFO Spencer Neumann sells 9,248 shares around $81

Rhea-AI Filing Summary

Netflix Inc.’s Chief Financial Officer, Spencer Neumann, reported selling 9,248 shares of Netflix common stock on February 6, 2026 in an open-market transaction. The weighted average sale price was $81.2714 per share, with trades executed between $81.2701 and $81.2716.

After this sale, Neumann beneficially owns 73,787 Netflix shares, held directly. The filing notes that full trade details, including exact share counts at each price level within the range, are available upon request to regulators, the company, or its shareholders.

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

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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)
02/06/2026

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
Common Stock	02/06/2026		S		9,248	D	$81.2714(1)	73,787	D

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

Explanation of Responses:

1. This transaction was executed in multiple trades at prices ranging from $81.2701 to $81.2716. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

Remarks:

	By: Veronique Bourdeau, Authorized Signatory For: Spencer Neumann	02/09/2026
	** 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) CFO Spencer Neumann report?

Spencer Neumann reported an open-market sale of 9,248 Netflix common shares. The transaction occurred on February 6, 2026, and was reported as a disposition of directly held stock, reflecting routine insider trading disclosure rather than a change in corporate fundamentals.

At what price did the Netflix (NFLX) CFO sell his shares?

The weighted average sale price was $81.2714 per Netflix share. The sale was executed in multiple trades within a narrow band from $81.2701 to $81.2716, indicating an orderly transaction across several fills at nearly identical prices.

How many Netflix (NFLX) shares does the CFO own after this sale?

After completing the sale, Spencer Neumann beneficially owns 73,787 Netflix common shares. These holdings are reported as directly owned, meaning they are not attributed to trusts or other entities in this specific filing’s ownership table.

Was the Netflix (NFLX) CFO’s sale executed in a single trade or multiple trades?

The sale was executed in multiple trades rather than a single block. The filing specifies trades occurred at prices ranging from $81.2701 to $81.2716, with the reported price representing the weighted average across all those transactions.

Does the Netflix (NFLX) CFO offer more detail about the trade prices and sizes?

Yes. The filing states the CFO will provide full information on the number of shares and exact prices for each trade. This information can be furnished upon request to SEC staff, Netflix, or any security holder of the company.