The leading subscription streaming service; uses AI for recommendations and production.
| Indicator | Score | Band |
|---|---|---|
| Valuation premium vs fundamentals | 47 | AMBER (~42–52) |
| AI monetization gap | 22 | GREEN (~16–28) |
| Insider-Selling Intensity | 45 | AMBER (~40–50) |
| Operating leverage / margin durability | 25 | GREEN (~20–30) |
| Debt / cash flow sustainability | 19 | GREEN (~14–24) |
| Organic demand sustainability | 51 | AMBER (~46–56) |
Q. Both Co-CEOs — Peters and Sarandos — sold stock on February 10–11, 2026 and again on May 5–7, 2026 with no 10b5-1 plan cited in the Form 4. Reed Hastings sold $184M on a long-running pre-planned schedule. The question isn't Hastings — it's why two sitting CEOs have $9.9M in combined discretionary sales in two synchronized clusters.
A. The sheet documents both clusters at the Form 4 level. The February cluster (Peters $2.3M + Neumann $752K + Hyman $464K + Willems $259K) occurred at ~$81–83/share. The May cluster (Sarandos $2.4M + Peters $2.4M + Neumann $823K + Hyman $504K) occurred at ~$87–89/share. No 10b5-1 plan footnote was confirmed in the Form 4 filings for any of these transactions. The sheet notes 'no major negative news
EVIDENCE: filed · scores from the engine · I5/I6 carry a score with no underlying instrument — stated where drilled.
AWAITING LIVE SERIES · wires from /api/prices · held state stands if the wire fails
SEC XBRL companyfacts · every row carries its accession · 8 quarters · refreshes off the 8-K 2.02 earnings event
Earnings window. no dated next-print for this firm in the calendar yet — the 59-of-68 coverage gap.
Score 45.0/100 from the engine.
Discretionary (no-plan) selling on the recent record: $2,425,506.
| Owner | Role | Date | Type | Value | Basis |
|---|---|---|---|---|---|
| Peters Gregory K | Co-CEO | 2026-08-06 | Sale | $2,008,606 | discretionary |
| Barton Richard N | Director | 2026-08-05 | Option exercise | $43,431 | 10b5-1 |
| Barton Richard N | Director | 2026-08-05 | Sale | $162,216 | 10b5-1 |
| Hyman David A | Chief Legal Officer | 2026-08-04 | Sale | $416,899 | discretionary |
| Sarandos Theodore A | Co-CEO | 2026-08-04 | Sale | $2,003,423 | 10b5-1 |
| Hyman David A | Chief Legal Officer | 2026-08-03 | Option exercise | — | — |
| Hyman David A | Chief Legal Officer | 2026-08-03 | Option exercise | — | — |
| Hyman David A | Chief Legal Officer | 2026-08-03 | Option exercise | — | — |
| Hyman David A | Chief Legal Officer | 2026-08-03 | Tax withholding | $194,262 | — |
| Hyman David A | Chief Legal Officer | 2026-08-03 | Tax withholding | $107,852 | — |
| Hyman David A | Chief Legal Officer | 2026-08-03 | Tax withholding | $104,983 | — |
| Willems Cletus R | Chief Global Affairs O | 2026-08-03 | Option exercise | — | — |
EDGAR Form 4, parsed structured · last 37 txns · asof 2026-08-08 · refreshes off the Form-4 event class
| Announced cuts (2026) | 50 |
| Date | 2026-02 |
| Confidence | high |
| Attribution | NOT-AI |
| Driver | cost |
| Source | Variety (2026-02) |
~50 roles in a product-division reorg (<1%); middle-management and admin, not performance-based.
Video. no verified channel in the map yet — our gap, stated (the map grows by verification, never by guess).
≤5 news · ≤2 video · rolling window, never an archive · ranked from the 2026-08-08 sweep · refreshes Saturday
Notes. held open — The desk has not ruled this slot.
Company data is compiled from primary sources — SEC filings, the fragility engine, and our own roster. Narrative summaries are AI-assisted; every figure comes from the record, not the model.