Reed Hastings to sell 390,970 shares in NFLX (Nasdaq: NFLX)
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
Reed Hastings has filed a Rule 144 notice to sell 390,970 common shares. The shares are to be sold on Nasdaq through Merrill Lynch, with an aggregate market value of 32,695,592.67 based on the figures in the notice.
The 390,970 shares were acquired on 02/02/2026 by exercising stock options for cash on the same date. The filing also lists prior sales during the past three months: 426,290 common shares sold on 01/02/2026 for gross proceeds of 39,077,465.47, and 375,470 common shares sold on 12/01/2025 for 40,712,434.38.
Positive
- None.
Negative
- None.
FAQ
What does the Form 144 filing for NFLX by Reed Hastings disclose?
The Form 144 shows Reed Hastings intends to sell 390,970 common shares. These shares are planned to be sold on Nasdaq through Merrill Lynch, following recent sizeable sales disclosed for the past three months in the same notice.