Peters Gregory K 4

What Happened

• Gregory K. Peters, Co‑CEO and Director of Netflix (NFLX), sold a total of 105,781 shares in open‑market transactions on January 29, 2026. The sales consisted of 98,221 shares at a weighted average price of $82.87 (proceeds $8,139,849) and 7,560 shares at a weighted average price of $83.75 (proceeds $633,179), for combined proceeds of about $8.77 million. These were sales (not purchases), which are commonly routine or planned dispositions rather than bullish signals.

Key Details

• Transaction date: 2026-01-29; Form 4 filed: 2026-01-30 (timely filing).
• Prices/structure: one block (98,221 shares) weighted avg $82.87 (individual trades ranged $82.37–$83.3692); second block (7,560 shares) weighted avg $83.75 (trades ranged $83.37–$84.35).
• Total shares sold: 105,781; total proceeds ≈ $8,773,028.
• Shares owned after transaction: not disclosed in the information provided in this summary.
• Notable footnotes: Transaction executed pursuant to a Rule 10b5‑1 trading plan adopted by Peters on 2025-10-30 (pre‑planned trades). The filing notes multiple executions and reports weighted average prices (full trade-level details available upon request to the SEC staff or issuer).

Context

• A 10b5‑1 plan indicates these sales were carried out under a pre‑arranged trading program, which can help insulate insiders from accusations of trading on material nonpublic information. That procedural detail is factual and does not imply insider intent.
• Sales (code S) are generally less informative about an insider’s view of the company than purchases; purchases are typically considered stronger signals of confidence.