$Netflix (NFLX.US)$ Director HASTINGS REED sold 40,374 shares of common stock on Oct 31, 2025 at an average price of $1,121.5065 for a total value of $45.28 million.
What is statement of changes in beneficial ownership of securities?
It is a requirement under federal securities laws that mandates individuals, including officers, directors, and those who hold more than 10% of any class of a company's securities (collectively known as "insiders"), to report their purchases, sales, and holdings of their company's securities by submitting Forms 3, 4, and 5.