This is a routine insider intent-to-sell filing by a director. The dollar amount is immaterial relative to market cap. Monitor for actual sale execution on Form 4, but no material impact expected.
Price Chart
Executive Summary
Director Bradford Smith filed a Form 144 notice of intent to sell 17,980 shares of Netflix common stock, valued at approximately $1.18 million based on the filing date. The shares were acquired through exercise of stock options. The sale is small relative to Netflix's $275.3B market cap and represents a routine insider transaction.
Key Facts
- Director Bradford L. Smith filed Form 144 to sell 17,980 shares of Netflix common stock.
- The proposed sale value is approximately $1,183,983.
- Shares were acquired via exercise of stock options on October 26, 2026.
- The sale is intended to be executed on or after October 26, 2026 on NASDAQ.
- The sale represents a minimal fraction of Netflix's $275.3B market capitalization.
Financial Impact
Proposed sale of 17,980 shares worth ~$1.18 million, negligible relative to $275.3B market cap.
Risk Factors
- Form 144 is only an intent to sell; the sale may not be executed.
- Director sales can sometimes signal reduced conviction, but the small size here limits signaling value.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001950047-26-010410 |
| Document: 0001950047-26-010410-index.html | 0001950047-26-010410 |
| Document: 0001950047-26-010410.txt | 0001950047-26-010410 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 26, 2026 1d ago | 144 | $63.78 | awaiting T+60 | — | $62.52 (−1.98%) |
Oct 21, 2026 6d ago | Institutional Cluster | $67.05 | awaiting T+60 | — | $62.52 (−6.76%) |
Oct 21, 2026 6d ago | ANALYST-DOWNGRADE | $65.04 | awaiting T+60 | — | $62.52 (−3.87%) |
Oct 20, 2026 7d ago | 8-K | $65.04 | awaiting T+60 | — | $62.52 (−3.87%) |
Sep 29, 2026 28d ago | ANALYST-UPGRADE | — | awaiting T+60 | — | — |
Sep 18, 2026 5w ago | ANALYST-DOWNGRADE | — | awaiting T+60 | — | — |
Sep 14, 2026 6w ago | Press Release | $80.32 | awaiting T+60 | — | $62.52 (−22.16%) |
Aug 10, 2026 11w ago | Insider Cluster | $74.79 | awaiting T+60 | — | $62.52 (−16.41%) |
Aug 6, 2026 11w ago | Insider Cluster | $74.14 | awaiting T+60 | — | $62.52 (−15.67%) |
Aug 4, 2026 12w ago | Insider Cluster | $74.20 | awaiting T+60 | — | $62.52 (+15.74%) |
US Market Status
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