Form 4: Reed Hastings reports 14,089-share gift; 2.14M held
Rhea-AI Filing Summary
Netflix, Inc. (NFLX) disclosed an insider transaction by Director Reed Hastings. On 11/07/2025, he reported a transaction coded G, covering 14,089 shares of common stock at $0, indicating a gift. Following this activity, he reported 2,140,152 shares beneficially owned indirectly by a trust.
The filing notes the indirect ownership is through the Hastings-Quillin Family Trust, with the reporting person acting as trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 14,089 shares
Net Sell
1 txn
Insider
HASTINGS REED
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 14,089 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 2,140,152 shares (Indirect, by Trust)
Footnotes (1)
- F1. As Trustee of the Hastings-Quillin Family Trust.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did NFLX disclose?
Director Reed Hastings reported a transaction coded G on 11/07/2025, covering 14,089 shares at $0.
What is Reed Hastings’ relationship to Netflix (NFLX)?
He is listed as a Director.
What does transaction code G signify in this context?
The Form 4 uses code G for a bona fide gift of securities.