Peters Gregory K 4
4 · NETFLIX INC · Filed Feb 11, 2026
Research Summary
AI-generated summary of this filing
Netflix Co-CEO Gregory K. Peters Sells 27,312 Shares
What Happened
Gregory K. Peters, Co‑CEO and director of Netflix (NFLX), sold a total of 27,312 shares in open‑market transactions on February 10, 2026, generating proceeds of approximately $2,273,454. The sales were reported as three separate trades: 14,719 shares at a weighted average price of $82.74 ($1,217,865), 11,283 shares at $83.76 ($945,029), and 1,310 shares at $84.40 ($110,560). These were sales (not purchases), which are typically routine liquidity or diversification transactions rather than an explicit bullish signal.
Key Details
- Transaction date: February 10, 2026; Form 4 filed February 11, 2026 (timely filing).
- Reported trades:
- 14,719 shares @ $82.74 (proceeds $1,217,865) — footnote F1: multiple trades, price range $82.285–$83.2812 (weighted avg reported).
- 11,283 shares @ $83.76 (proceeds $945,029) — footnote F2: multiple trades, price range $83.2943–$84.2928.
- 1,310 shares @ $84.40 (proceeds $110,560) — footnote F3: multiple trades, price range $84.3036–$84.5111.
- Total shares sold: 27,312; total proceeds ≈ $2.27 million.
- Shares owned after transaction: not specified in the provided filing.
- Notable footnotes: Each sale was executed in multiple trades; reported prices are weighted averages and full trade-by-trade details are available on request to the SEC staff or issuer.
Context
Sales by executives are common and can reflect routine needs (taxes, diversification, liquidity). Because these are outright sales rather than purchases or option exercises followed by retention, they do not, by themselves, signal insider confidence or a change in company outlook. No 10b5‑1 plan or other special instruction was disclosed in the provided filing text.
Insider Transaction Report
- Sale
Common Stock
[F1]2026-02-10$82.74/sh−14,719$1,217,865→ 134,733 total - Sale
Common Stock
[F2]2026-02-10$83.76/sh−11,283$945,029→ 123,450 total - Sale
Common Stock
[F3]2026-02-10$84.40/sh−1,310$110,560→ 122,140 total
Footnotes (3)
- [F1]This transaction was executed in multiple trades at prices ranging from $82.285 to $83.2812. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F2]This transaction was executed in multiple trades at prices ranging from $83.2943 to $84.2928. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F3]This transaction was executed in multiple trades at prices ranging from $84.3036 to $84.5111. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.