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Three Netflix Inc insiders sell $2.79M of stock within one day

By Insider Stock Trader Newsroom1 min readInsider Stock Trader
Three Netflix Inc insiders sell $2.79M of stock within one dayThree Netflix Inc insiders sell $2.79M of stock within one day

Open-market sales on Nov 4, none marked as part of a 10b5-1 plan. Information only, not investment advice.

Form 4 filings show three Netflix Inc insiders selling stock on Nov 4, for a total of $2.79 million.

Theodore A. Sarandos (CEO) made the largest sale, $1.81 million at an average of $66.20 a share. The table below lists who sold, when, and at what price.

None of these filings marks the sale as made under a Rule 10b5-1 trading plan. Three or more insiders selling within 14 days is what Insider Stock Trader labels a cluster sell.

The numbers below are taken from the Form 4 as filed with the SEC.

Who sold when
InsiderRoleTrade dateSharesAvg. priceValueFiling
David A. HymanChief Legal OfficerNov 45,727$64.55$369,678App · SEC
Spencer Adam NeumannCFONov 49,253$66.15$612,109App · SEC
Theodore A. SarandosCEONov 427,312$66.20$1,808,049App · SEC
Total$2,789,836

See every insider trade at Netflix Inc

Each row of the table links to its Form 4 on SEC.gov.

See the latest cluster buys and sells · See earlier insider stories on Netflix Inc

Source: SEC Form 4. Information only, not investment advice. Not affiliated with or endorsed by the U.S. Securities and Exchange Commission.