Summary by Futu AI
Netflix Inc.'s Executive Chairman, Reed Hastings, completed a stock transaction on November 4, 2024. Hastings sold 30 shares of Netflix common stock at a price of $755.51 per share, resulting in a total transaction value of $22,665.30. Following the sale, Hastings directly holds 114 shares of the company. Additionally, Hastings indirectly holds 2,154,241 shares through a trust. The transaction reflects a disposal of shares to cover exercise price or tax liability associated with the exercise or conversion of derivative security.