Summary by Futu AI
Netflix Inc affiliate Jay C. Hoag, through the Hoag Family Trust, is set to sell 47,000 shares of common stock on 01/24/2024, as per the latest filing. The shares, valued at approximately $25,274,250, were originally acquired in a private transaction from Charles Schwab on 11/28/2011. The nature of the acquisition was a distribution in kind, with no payment applicable. This planned sale follows a period where no other transactions were reported in the past three months. The instruction for this sale was adopted on 02/08/2023.