Gregory K. Peters, Co-CEO of Netflix (NFLX), has demonstrated a consistent pattern of selling activity over the past year, with no recorded purchases in SEC filings. Since August 2025, Peters has executed 25 transactions—all sales—totaling $31.6 million in gross proceeds. His most recent disposals occurred on February 10, 2026, when he sold NFLX shares worth $110,560, $945,029, and $1.22 million, following earlier sales of $633,179 and $8.14 million on January 29. The transactions appear structured, often involving multiple filings on the same day, such as the February 3 sales of $577,582, $594,962, and $1.07 million. Notably, Peters’ largest single sale in the observed period was a $9.21 million transaction on January 7, 2026, preceded by a $2.22 million sale on November 4, 2025. The filings indicate a mix of open-market sales (coded "S") and transactions tied to derivative securities (coded "F"), with no offsetting acquisitions. While the sales represent a significant reduction in exposure, the absence of buying activity suggests Peters has not reinvested proceeds into NFLX during this period. The consistency of disposals across multiple quarters points to an ongoing liquidity strategy rather than an isolated event.
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