Hastings Trust moves 241,944 Netflix shares
Netflix director Reed Hastings, acting as trustee of the Hastings-Quillin Family Trust, reported a trust-related transaction involving 241,944 shares of Netflix common stock at a reported price of $0 per share.
Rhea-AI Filing Summary
Netflix director Reed Hastings, acting as trustee of the Hastings-Quillin Family Trust, reported a trust-related transaction involving 241,944 shares of Netflix common stock at a reported price of $0 per share. Following this activity, the trust indirectly holds 21,159,576 Netflix shares beneficially.
Positive
- None.
Negative
- None.
Insider Trade Summary
241,944 shares gifted
Gift
1 txn
Insider
HASTINGS REED
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 241,944 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 21,159,576 shares (Indirect, by Trust)
Footnotes (1)
- F1. As Trustee of the Hastings-Quillin Family Trust.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What is Reed Hastings’ relationship to Netflix (NFLX) in this Form 4?
Reed Hastings is identified as a director of Netflix in the Form 4. The reported transaction relates to shares held indirectly through a trust, where he is noted as trustee of the Hastings-Quillin Family Trust.
How is the Hastings-Quillin Family Trust described in Reed Hastings’ Netflix (NFLX) Form 4?
The Form 4 notes that Reed Hastings acts as trustee of the Hastings-Quillin Family Trust. The shares involved in the transaction and the beneficially owned 21,159,576 shares are reported as held indirectly by this trust.
AI-generated analysis. How Rhea-AI works. Not financial advice.