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Netflix | 4: Statement of changes in beneficial ownership of securities-Officer HASTINGS REED

SEC announcement ·  May 2 20:35
Summary by Moomoo AI
Reed Hastings, Executive Chairman of Netflix Inc. (NFLX), completed a series of transactions involving the company's common stock on May 1, 2024. Hastings sold a total of 18,361 shares through multiple open market transactions at prices ranging from $545.43 to $559.75, resulting in a total market value of $10,126,777. Prior to these sales, Hastings exercised options to acquire the same number of shares at a price of $68.09 per share. Following the completion of these transactions, Hastings' direct holdings in Netflix common stock have been reduced to 28 shares. In addition to his direct holdings, Hastings indirectly owns 2,991,541 shares through a trust.
Reed Hastings, Executive Chairman of Netflix Inc. (NFLX), completed a series of transactions involving the company's common stock on May 1, 2024. Hastings sold a total of 18,361 shares through multiple open market transactions at prices ranging from $545.43 to $559.75, resulting in a total market value of $10,126,777. Prior to these sales, Hastings exercised options to acquire the same number of shares at a price of $68.09 per share. Following the completion of these transactions, Hastings' direct holdings in Netflix common stock have been reduced to 28 shares. In addition to his direct holdings, Hastings indirectly owns 2,991,541 shares through a trust.
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