Peters Gregory K 4

What Happened
Gregory K. Peters, Co-CEO and Director of Netflix, reported two dispositions: a gift of 1,209 shares on 2026-05-06 (disposition value $0) and an open-market sale of 27,312 shares on 2026-05-07. The sale generated approximately $2,422,421 at a reported weighted-average price of $88.69 per share.

Key Details

• Transaction dates: Gift on 2026-05-06; sale on 2026-05-07. Filing date: 2026-05-07.
• Sale details: 27,312 shares sold in multiple trades at prices between $88.68 and $88.725; weighted-average price $88.69; total proceeds $2,422,421. (Footnote states full trade-level details available on request.)
• Gift details: 1,209 shares transferred as a gift (reported at $0).
• Shares owned after transaction: Not specified in the information provided on this Form 4.
• Timeliness: Form 4 was filed the same day as the sale (no late-filing indication in the supplied data).

Context
Gifts are transfers and do not necessarily reflect the insider’s view of the stock. Open-market sales can be routine liquidity events (e.g., diversification, tax planning) and are not, by themselves, evidence of a change in company outlook. The filing’s footnote notes the sale was executed in multiple trades and provides the weighted-average price; the reporter offers to supply full trade details to the SEC or shareholders upon request.