Reed Hastings to sell 321,880 NFLX shares via option exercise (NFLX)

Rhea-AI Filing Summary

Reed Hastings submitted a Form 144 notice to sell 321,880 shares of Common Stock on 07/01/2026, listed as resulting from an exercise of stock options for cash and through the issuer. The filing also records prior reported sales of 386,700 shares on 06/01/2026 and 407,550 shares on 05/01/2026, with dollar values shown in the excerpt.

Key Figures

Proposed sale: 321,880 shares Prior sale 1: 386,700 shares Prior sale 2: 407,550 shares +3 more

6 metrics

Proposed sale 321,880 shares to be sold on <date>07/01/2026</date> via exercise of stock options

Prior sale 1 386,700 shares sold on <date>06/01/2026</date>

Prior sale 2 407,550 shares sold on <date>05/01/2026</date>

Dollar value (06/01/2026) $33,244,020.11 proceeds shown for 386,700 shares

Dollar value (05/01/2026) $37,956,933.69 proceeds shown for 407,550 shares

Market Nasdaq exchange listed in securities table

Key Terms

Form 144, exercise of stock options, issuer

3 terms

Form 144 regulatory

"submitted a Form 144 notice to sell 321,880 shares"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

exercise of stock options financial

"listed as resulting from an exercise of stock options for cash"

issuer regulatory

"Sale listed with role: Issuer in the securities table"

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Available on EDGAR 07/01/2026 - 04:08 PM Accepted by SEC EDGAR 07/01/2026 - 04:07 PM Learn about SEC filing dates

FAQ

What does Reed Hastings' Form 144 for NFLX report?

The Form 144 notifies a proposed sale of 321,880 shares of Common Stock on 07/01/2026 arising from an exercise of stock options. It lists the sale method as cash and identifies Nasdaq as the market.

Has Reed Hastings recently sold Netflix (NFLX) shares prior to this Form 144?

Yes. The filing lists prior sales of 386,700 shares on 06/01/2026 and 407,550 shares on 05/01/2026, with corresponding dollar amounts shown in the excerpt.

What sale method is indicated in the Form 144 for the 321,880 shares?

The excerpt states the shares stem from an exercise of stock options and the payment method listed is Cash. The filing also lists the issuer and Nasdaq as the market in the securities table.

Does the Form 144 specify how proceeds will be used or any conditions?

The provided excerpt lists the transaction as an exercise of stock options for cash and names the issuer; it does not state any use‑of‑proceeds instructions or additional sale conditions in the excerpt.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Merrill Lynch 555 California Street Suite 1800 San Francisco CA 94104	321880	23683002.74	4212794271	07/01/2026	Nasdaq

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	07/01/2026	Exercise of stock options	Issuer			321880	07/01/2026	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Reed Hastings 121 Albright Way Los Altos CA 95032	Common	06/01/2026	386700	33244020.11
Reed Hastings 121 Albright Way Los Altos CA 95032	Common	05/01/2026	407550	37956933.69

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)