Trade Summary

2 days ago, Neumann Spencer Adam, serving as CFO at Netflix Inc (NFLX), sold 9,253 shares at $88.95 per share, for a total transaction value of $823,075.00. Following this transaction, Neumann Spencer Adam now holds 73,787 shares of NFLX.

This sale represents a 11.00% 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 Thursday, May 7, 2026 and publicly disclosed via SEC Form 4 filing on Thursday, May 7, 2026, meaning the disclosure happened on the same day as the trade.

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.