Summary by Futu AI
Reed Hastings, Executive Chairman of Netflix Inc. [NFLX], completed a series of transactions involving the company's common stock on September 3, 2024. Hastings executed a total sale of 25,074 shares of Netflix common stock, with individual sale prices ranging from $671.803 to $698.5 per share. The total market value of the disposed shares amounted to $17,073,443.13. Following these transactions, Hastings directly owns 85 shares of Netflix. Additionally, Hastings is indirectly associated with 2,154,241 shares held by a trust. The nature of the shares sold was direct ownership, and the sales were conducted on the open market.