Willems Cletus R 4

What Happened
Cletus R. Willems, Chief Global Affairs Officer at Netflix, sold 3,136 shares of NFLX in an open-market sale on February 10, 2026. The shares were sold at $82.67 each, generating proceeds of approximately $259,253. This was a sale (S) reported on a Form 4; sales are often routine and do not necessarily indicate a change in insider sentiment.

Key Details

• Transaction date: 2026-02-10
• Transaction type/code: Open market sale (S)
• Shares sold: 3,136 shares at $82.67 per share
• Total proceeds: $259,253 (approx.)
• Shares owned after transaction: Not specified in the provided filing excerpt
• Footnotes/plans: No 10b5-1 plan, tax-withholding, or other footnotes indicated in the supplied data
• Filing timeliness: Form 4 filed on 2026-02-11 (next day) — appears timely under SEC reporting rules

Context
Sales by corporate officers can be routine (to diversify, cover taxes, or for personal reasons) and are not definitive signals about the company’s prospects. There is no indication in the provided details of option exercises, gifts, or derivative transactions related to this sale. Retail investors should consider this data point alongside broader insider activity, company fundamentals, and market conditions.