HASTINGS REED (CEO) sold 99.0% of their position (386.70K shares) of NETFLIX INC on the open market
Open‑market sale worth $33.24M — a major position exit. Review remaining holdings and any 10b5‑1 plan disclosures.
S · 2 sales
Filed: 6/2/2026ACC: 0001065280-26-000188
-385.97K
Net shares
Net seller
$33.24M
Total sold
2
Open market trades
0B · 2S
5
Total transactions
387.43K acquired · 773.40K disposed
Non-Derivative Transactions3
Common Stock
Direct
Shares
+386.70K
Price / share
$10.26
Trade value
$3.97M
% of position
9814.7%
6/1/2026
3.94K→390.64K
Common Stock
Direct
Shares
−332.92K
Price / share
$85.85
Trade value
$28.58M
% of position
85.2%
6/1/2026
390.64K→57.72K
Common Stock
Direct
Shares
−53.78K
Price / share
$86.73
Trade value
$4.66M
% of position
93.2%
6/1/2026
57.72K→3.94K
Total
Net shares
+0.00
Net value
-$29.28M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 6/1/2026 | M · Option Exercise | +386.70K | $10.26 | $3.97M | 9814.7% | 3.94K | 390.64K |
| Common Stock Direct | 6/1/2026 | S · Sale | −332.92K | $85.85 | $28.58M | 85.2% | 390.64K | 57.72K |
| Common Stock Direct | 6/1/2026 | S · Sale | −53.78K | $86.73 | $4.66M | 93.2% | 57.72K | 3.94K |
| Total | +0.00 | -$29.28M | ||||||
Derivative Transactions2
Non-Qualified Stock Option (right to buy)
Direct
Converts to
Common Stock
386.70K shares
Shares
−386.70K
Strike price
10.263
Held after
0.00
Exercisable
—
6/1/2026
Non-Qualfied Stock Option (right to buy)
Direct
Converts to
Common Stock
728.00 shares
Shares
+728.00
Strike price
85.85
Held after
728.00
Exercisable
—
6/1/2026
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy) Direct | Common Stock386.70K shares | 6/1/2026 | M · Option Exercise | −386.70K | 10.263 | — | 0.00 |
| Non-Qualfied Stock Option (right to buy) Direct | Common Stock728.00 shares | 6/1/2026 | A · Award | +728.00 | 85.85 | — | 728.00 |
Non-Derivative Holdings (Post-Transaction)1
Common Stock
IndirectShares owned21.16M
Total
21.16M indirect21.16M
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock | 21.16M | Indirect |
| Total | 21.16M | 21.16M indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported