Netflix (NFLX) Co-CEO Gregory Peters discloses planned sales of 105,781 shares

Rhea-AI Filing Summary

Netflix Co-CEO Gregory K. Peters reported pre-planned stock sales under a Rule 10b5-1 trading plan. On January 29, 2026, he sold 98,221 shares of Netflix common stock at a weighted average price of $82.8728 per share in market transactions executed across multiple trades.

On the same day, he sold an additional 7,560 shares at a weighted average price of $83.7538 per share, also via multiple trades. Following these sales, Peters directly beneficially owned 122,140 shares of Netflix common stock.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Peters Gregory K

(Last) (First) (Middle)

121 ALBRIGHT WAY

(Street)

LOS GATOS CA 95032

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
NETFLIX INC [ NFLX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Co-CEO

3. Date of Earliest Transaction (Month/Day/Year)
01/29/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/29/2026		S		98,221(1)	D	$82.8728(2)	129,700	D
Common Stock	01/29/2026		S		7,560(1)	D	$83.7538(3)	122,140	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Transaction made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 10/30/2025.

2. This transaction was executed in multiple trades at prices ranging from $82.37 to $83.3692. 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.

3. This transaction was executed in multiple trades at prices ranging from $83.37 to $84.35. 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.

Remarks:

	By: Veronique Bourdeau, Authorized Signatory For: Gregory K. Peters	01/30/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Netflix (NFLX) report for Gregory K. Peters?

Netflix reported that Co-CEO and director Gregory K. Peters sold Netflix common stock on January 29, 2026. He executed two separate sale transactions under a pre-established Rule 10b5-1 trading plan, reducing but not eliminating his directly held ownership stake in the company.

How many Netflix (NFLX) shares did Gregory K. Peters sell on January 29, 2026?

Gregory K. Peters sold 98,221 Netflix common shares in one transaction and 7,560 shares in a second transaction on January 29, 2026. Each sale is reported separately in the Form 4, with its own weighted average sale price and resulting share balance.

At what prices did Gregory K. Peters sell his Netflix (NFLX) shares?

Peters’ first sale of 98,221 Netflix shares had a weighted average price of $82.8728 per share, based on trades between $82.37 and $83.3692. His second sale of 7,560 shares had a weighted average price of $83.7538, based on trades between $83.37 and $84.35.

How many Netflix (NFLX) shares does Gregory K. Peters own after the reported sales?

After completing the reported transactions on January 29, 2026, Gregory K. Peters directly beneficially owned 122,140 shares of Netflix common stock. This figure reflects his remaining direct holdings following both same-day sale transactions disclosed in the Form 4 filing.

Was Gregory K. Peters’ Netflix (NFLX) stock sale part of a Rule 10b5-1 plan?

Yes. The Form 4 footnotes state the transactions were made pursuant to a Rule 10b5-1 trading plan adopted by Gregory K. Peters on October 30, 2025. Such plans allow trades under preset instructions, helping separate them from day-to-day market timing decisions.

What roles does Gregory K. Peters hold at Netflix (NFLX) in this Form 4?

In the Form 4, Gregory K. Peters is identified as both a director and an officer of Netflix, with the officer title of Co-CEO. He is not listed as a ten percent owner, and the reported Netflix share transactions are held in his direct ownership capacity.