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

SEC announcement ·  Mar 2 05:29
Summary by Futu AI
Netflix Inc officer Reed Hastings is set to sell 18,494 shares of common stock on March 1, 2024, according to a recent filing. The shares, valued at approximately $11.3 million, were acquired on the same date through stock options, with the transaction involving a cash payment. This planned sale follows a series of transactions over the past three months, where a total of 2,046,732 shares were sold for gross proceeds exceeding $1.1 billion.
Netflix Inc officer Reed Hastings is set to sell 18,494 shares of common stock on March 1, 2024, according to a recent filing. The shares, valued at approximately $11.3 million, were acquired on the same date through stock options, with the transaction involving a cash payment. This planned sale follows a series of transactions over the past three months, where a total of 2,046,732 shares were sold for gross proceeds exceeding $1.1 billion.
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