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NFLX - Netflix Inc

Insider Sale by Neumann Spencer Adam (CFO)

1 Month
After Trade
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Trade Summary

3 days ago, Neumann Spencer Adam, serving as CFO at Netflix Inc (NFLX), sold 28,630 shares at $97.00 per share, for a total transaction value of $2,777,110.00. Following this transaction, Neumann Spencer Adam now holds 73,787 shares of NFLX.

This sale represents a 28.00% decrease in Neumann Spencer Adam's stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Monday, March 2, 2026 and publicly disclosed via SEC Form 4 filing on Tuesday, March 3, 2026, 1 day after the trade was made.

Netflix Inc operates in the COMMUNICATION SERVICES sector, specifically within the ENTERTAINMENT industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.

Neumann Spencer Adam

CFO

Spencer Adam Neumann is the Chief Financial Officer (CFO) of Netflix Inc. (NFLX), a position he has held since January 2019, where he oversees financial planning, accounting, tax, treasury, investor relations, and a content budget exceeding $17 billion annually.[[1]](https://www.highperformr.ai/people/spencer-neumann-592b6b148)[[2]](https://ir.netflix.net/governance/Leadership-and-directors/person-details/default.aspx?ItemId=e9659451-8ae9-48d2-9e67-5706043e8e43) As a corporate insider, he has recently engaged in trading activities at Netflix.[user query context] Neumann serves on the board of Adobe.[[2]](https://ir.netflix.net/governance/Leadership-and-directors/person-details/default.aspx?ItemId=e9659451-8ae9-48d2-9e67-5706043e8e43)[[3]](https://www.clay.com/dossier/netflix-cfo) Neumann brings extensive experience from senior roles in media, entertainment, and technology. Prior to Netflix, he was CFO of Activision Blizzard (2017-2018), managing finances for franchises like *Call of Duty*.[[1]](https://www.highperformr.ai/people/spencer-neumann-592b6b148)[[3]](https://www.clay.com/dossier/netflix-cfo) At The Walt Disney Company, he held positions including CFO and Executive Vice President of Global Guest Experience for Walt Disney Parks and Resorts (2012-2017), Executive Vice President of ABC Television Network (2001-2004), and CFO of Walt Disney Internet Group.[[1]](https://www.highperformr.ai/people/spencer-neumann-592b6b148)[[2]](https://ir.netflix.net/governance/Leadership-and-directors/person-details/default.aspx?ItemId=e9659451-8ae9-48d2-9e67-5706043e8e43)[[3]](https://www.clay.com/dossier/netflix-cfo) Earlier, he was a principal at Providence Equity Partners (2008-2011) and Summit Partners (2005-2007), and began his career at PricewaterhouseCoopers.[[1]](https://www.highperformr.ai/people/spencer-neumann-592b6b148) He holds a B.A. in Economics (1988-1992) and an MBA (1995-1997) from Harvard University.[[1]](https://www.highperformr.ai/people/spencer-neumann-592b6b148)[[2]](https://ir.netflix.net/governance/Leadership-and-directors/person-details/default.aspx?ItemId=e9659451-8ae9-48d2-9e67-5706043e8e43)[[3]](https://www.clay.com/dossier/netflix-cfo)[[5]](https://www.marketscreener.com/insider/SPENCER-NEUMANN-A07HED/)

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Trade Price

$97.00

Quantity

28,630

Total Value

$2,777,110.00

Shares Owned

73,787

Trade Date

Monday, March 2, 2026

3 days ago

SEC Filing Date

Tuesday, March 3, 2026

Filed 1 day after trade

COMMUNICATION SERVICESENTERTAINMENT

About Netflix Inc

Company Overview

No company information available
View news mentioning NFLX

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