Netflix (NASDAQ: NFLX) Co-CEO logs RSU vesting and tax share withholding
Rhea-AI Filing Summary
Netflix Co-CEO Gregory K. Peters reported vesting of restricted stock units covering 54,388 shares of common stock on August 3, 2026. The RSUs, from 2024–2026 grants, settled one-for-one into shares, with 27,076 shares withheld at $71.71 per share to satisfy tax obligations.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 27,312 shares
Net Buy
9 txns
Insider
Peters Gregory K
Role
Co-CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F3, F4 | 25,930 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F3, F5 | 14,440 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F3, F6 | 14,018 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 25,930 | -- | -- |
| Exercise | Common Stock F1 | 14,440 | -- | -- |
| Exercise | Common Stock F1 | 14,018 | -- | -- |
| Tax Withholding | Common Stock F2 | 12,908 | $71.71 | $926K |
| Tax Withholding | Common Stock F2 | 7,189 | $71.71 | $516K |
| Tax Withholding | Common Stock F2 | 6,979 | $71.71 | $500K |
Holdings After Transaction:
Restricted Stock Units — 224,302 shares (Direct);
Common Stock — 148,243 shares (Direct)
Footnotes (6)
- F1. Reflects restricted stock units (RSUs) that following vesting, settled in shares of Netflix common stock on a one-for-one basis.
- F2. Shares withheld to satisfy tax withholding obligations arising out of the vesting of RSUs.
- F3. Each RSU represents a contingent right to receive one share of Netflix common stock.
- F4. On January 25, 2024, the Reporting Person was granted 311,120 RSUs. Subject to the terms and conditions of the underlying award agreement, 1/12th of the RSUs vest on a quarterly basis beginning on February 3, 2024 (or, to the extent it is not a trading day, the first trading day thereafter).
- F5. On January 23, 2025, the Reporting Person was granted 173,300 RSUs. Subject to the terms and conditions of the underlying award agreement, 1/12th of the RSUs vest on a quarterly basis beginning on February 3, 2025 (or, to the extent it is not a trading day, the first trading day thereafter).
- F6. On January 22, 2026, the Reporting Person was granted 168,216 RSUs. Subject to the terms and conditions of the underlying award agreement, 1/12th of the RSUs vest on a quarterly basis beginning on February 3, 2026 (or, to the extent it is not a trading day, the first trading day thereafter).
Key Figures
RSU shares vested: 54,388 shares
Shares withheld for taxes: 27,076 shares
Tax withholding price: $71.7100 per share
+4 more
7 metrics
RSU shares vested
54,388 shares
Total underlying shares from RSU exercises on August 3, 2026
Shares withheld for taxes
27,076 shares
Common shares withheld to satisfy tax obligations on RSU vesting
Tax withholding price
$71.7100 per share
Per-share value used for tax-withholding dispositions of common stock
2024 RSU grant size
311,120 RSUs
Grant to Gregory Peters on January 25, 2024, vesting 1/12th quarterly
2025 RSU grant size
173,300 RSUs
Grant to Gregory Peters on January 23, 2025, vesting 1/12th quarterly
2026 RSU grant size
168,216 RSUs
Grant to Gregory Peters on January 22, 2026, vesting 1/12th quarterly
RSU tranches vested
3
Number of RSU-related exercise/conversion transactions reported
Key Terms
Restricted Stock Units, tax withholding obligations, contingent right, vest on a quarterly basis
4 terms
Restricted Stock Units financial
"Reflects restricted stock units (RSUs) that following vesting, settled in shares"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"Shares withheld to satisfy tax withholding obligations arising out of the vesting"
contingent right financial
"Each RSU represents a contingent right to receive one share of Netflix"
vest on a quarterly basis financial
"1/12th of the RSUs vest on a quarterly basis beginning on February 3"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Netflix (NFLX) Co-CEO Gregory Peters report?
Gregory Peters reported vesting of restricted stock units that settled into 54,388 shares of Netflix common stock on August 3, 2026. These shares arose from previously granted RSU awards that vest quarterly and convert into common stock on a one-for-one basis.
What RSU grants to Gregory Peters does this Netflix (NFLX) filing describe?
The filing describes grants of 311,120 RSUs on January 25, 2024, 173,300 RSUs on January 23, 2025, and 168,216 RSUs on January 22, 2026. For each grant, 1/12th of the RSUs vest quarterly, beginning in early February of the grant year.
Were there any open-market stock sales by Gregory Peters in this Netflix (NFLX) report?
No open-market purchase or sale transactions are reported for Gregory Peters. All dispositions involve shares withheld to cover tax liabilities from RSU vesting or the conversion of RSUs into common stock, rather than discretionary market trades.
What type of security do Gregory Peters' Netflix (NFLX) RSUs represent?
The reported RSUs each represent a contingent right to receive one share of Netflix common stock. Upon vesting, these RSUs settle in common shares on a one-for-one basis, with a portion of the resulting shares withheld to satisfy tax obligations.