HASTINGS REED

PrivateCIK: 1033331
Location

LOS GATOS, CA

HASTINGS REED (CEO) sold 99.1% of their position (420.55K shares) of NETFLIX INC on the open market

Open‑market sale worth $40.16M — a major position exit. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 3 sales
InsiderHASTINGS REEDCIK 1033331
IssuerNETFLIX INCCIK 1065280
DirectorOfficer· CEO
Since Jul 2018
-419.90K
Net shares
Net seller
$40.16M
Total sold
3
Open market trades
0B · 3S
6
Total transactions
421.20K acquired · 841.10K disposed
Non-Derivative Transactions4

Common Stock

Direct
M · Option Exercise

Shares

+420.55K

Price / share

$9.44

Trade value

$3.97M

% of position

10673.9%
4/1/2026
3.94K424.49K

Common Stock

Direct
S · Sale

Shares

152.05K

Price / share

$95.02

Trade value

$14.45M

% of position

35.8%
4/1/2026
424.49K272.44K

Common Stock

Direct
S · Sale

Shares

247.92K

Price / share

$95.68

Trade value

$23.72M

% of position

91.0%
4/1/2026
272.44K24.52K

Common Stock

Direct
S · Sale

Shares

20.58K

Price / share

$96.66

Trade value

$1.99M

% of position

83.9%
4/1/2026
24.52K3.94K
Total

Net shares

+0.00

Net value

-$36.19M

Derivative Transactions2

Non-Qualified Stock Option (right to buy)

Direct
M · Option Exercise
Converts to

Common Stock

420.55K shares

Shares

420.55K

Strike price

9.437

Held after

0.00

Exercisable

4/1/2026

Non-Qualified Stock Option (right to buy)

Direct
A · Award
Converts to

Common Stock

654.00 shares

Shares

+654.00

Strike price

95.55

Held after

654.00

Exercisable

4/1/2026
Non-Derivative Holdings (Post-Transaction)1

Common Stock

Indirect
Shares owned21.16M
Total
21.16M indirect21.16M
Derivative Holdings (Post-Transaction)0
No derivative holdings reported
HASTINGS REED — Insider Transaction (Form 4) Filed Apr 2, 2026 | Finecho