Monster insider trading alert for Netflix (NFLX) stock

Netflix (NASDAQ: NFLX) is witnessing a surge in insider selling activity, with several top executives offloading significant portions of their holdings. According to an SEC filing, Co-CEO Gregory K. Peters sold 4,186 shares of Netflix common stock on October 18, 2024, as part of a pre-established Rule 10b5-1 trading plan, which he adopted on July 26, 2023. Peters executed this transaction for $750 per share, resulting in proceeds of approximately $3.14 million. Prior to the sale, Peters exercised stock opti ...