Summary by Futu AI
Netflix Inc officer Reed Hastings is set to sell 18,361 common shares of the company on 05/01/2024, as per the latest filing. The shares, valued at approximately $10,126,776.86, were acquired on the same date through stock options, with the transaction involving a cash payment. This planned sale follows Hastings' sale of 59,794 shares over the past three months, which grossed over $35.6 million. The sales are part of a pre-determined trading plan established on 08/08/2023.