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Netflix | 144: Notice of proposed sale of securities pursuant to Rule 144

SEC announcement ·  Apr 2 05:06
Summary by Futu AI
Netflix Inc officer Reed Hastings is set to sell 20,566 common shares of the company, with an aggregate market value of approximately $12.55 million, on April 1, 2024. The shares to be sold were acquired on the same date through stock options, with Netflix Inc as the source and cash as the nature of payment. This transaction follows a series of sales over the past three months, where Hastings sold over 2 million shares for gross proceeds exceeding $1.16 billion.
Netflix Inc officer Reed Hastings is set to sell 20,566 common shares of the company, with an aggregate market value of approximately $12.55 million, on April 1, 2024. The shares to be sold were acquired on the same date through stock options, with Netflix Inc as the source and cash as the nature of payment. This transaction follows a series of sales over the past three months, where Hastings sold over 2 million shares for gross proceeds exceeding $1.16 billion.
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