Summary by Futu AI
Netflix Inc officer Reed Hastings is set to sell 19,943 common shares of the company, with an aggregate market value of approximately $12.6 million, on June 3, 2024. The shares to be sold were acquired on the same date through stock options from Netflix, Inc, with a cash payment. This transaction follows a series of sales over the past three months, where Hastings sold a total of 57,421 shares, amounting to gross proceeds of over $33.9 million.