Co-CEO Ted Sarandos sold about 133,000 Netflix shares on Aug 3-4 under a 10b5-1 plan
Co-CEO Ted Sarandos sold 81,891 shares on August 3 at a weighted average of $72.90 and 23,959 shares at $73.48, then 27,312 shares on August 4 at $73.35. The sales, about $9.7 million in total, were made under a Rule 10b5-1 trading plan adopted May 4, 2026. The sales followed option and RSU exercises, with some shares withheld for tax.
- Aug 3: 81,891 shares sold at $72.90 (weighted average) and 23,959 at $73.48
- Aug 4: 27,312 shares sold at $73.35
- Sales made under a 10b5-1 plan adopted May 4, 2026; about $9.7M in total
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Source
SEC Form 4 filed by Theodore A. SarandosAug 3, 2026