Netflix (NFLX) Co-CEO Gregory K. Peters Sells Shares

What Happened Gregory K. Peters, Co‑CEO and Director of Netflix, sold 27,312 shares in an open‑market transaction on August 6, 2026. The weighted average sale price reported was $73.54 per share (range $73.54–$73.56), for total proceeds of approximately $2,008,606. This was a sale (S) — not a purchase or option exercise — which is often routine insider selling and does not by itself indicate company outlook.

Key Details

• Transaction date: August 6, 2026; Form 4 filed the same day (timely).
• Shares sold: 27,312; weighted average price: $73.54; price range across trades: $73.54–$73.56.
• Total proceeds: ~$2,008,606.
• Shares owned after the transaction: Not disclosed in this Form 4.
• Footnote: Transaction executed in multiple trades; weighted average reported. Reporting person offers to provide full trade-level details on request.

Context This filing documents an open‑market sale by a senior executive. Sales by insiders can reflect routine liquidity, diversification, or other personal reasons; they should not be taken alone as a signal of company fundamentals. Retail investors may want to combine this information with other insider activity, company filings, and market data before drawing conclusions.