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sellModerate cluster of 310b5-1 plan

Reed Hastings sold $23M of NFLX

Executive Chairman at NETFLIX INC. 25,360 shares at an average of $921.15, traded Apr 1, 2025, filed Apr 2, 2025.

Warning score
45
Value
$23M
25,360 shares
Holdings after
394
-98% from before
From 52-week low
+36%
low $68.15, close $92.84
From 52-week high
-12%
high $105.86, as of Apr 1, 2025

Score components

  • Role
    Chair
    +20
  • Trade size
    $23.4M at market
    +25
  • Share of holdings sold
    Sold 98% of holdings
    +20
  • Cluster
    3 insiders selling within 14 days
    +15
  • Exercise and sell
    Shares came from an option exercise in the same filing
    -15
  • 10b5-1 plan
    Pre-scheduled under a 10b5-1 plan
    -20

What happened after comparable sells

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

NFLXOct 9, 2026 · close 70.30
Since filing Apr 2, 2025: -24.9%SPY +40.2% · excess -65.1%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0001065280-25-000150, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Apr 1, 2025MOption exercise
Common Stock10b5-1
+25,360$112.56$2.9M25,754Apr 2, 2025
Apr 1, 2025SOpen-market sale
Common Stock10b5-1
-767$913.40$701k24,987Apr 2, 2025
Apr 1, 2025SOpen-market sale
Common Stock10b5-1
-1,953$914.30$1.8M23,034Apr 2, 2025
Apr 1, 2025SOpen-market sale
Common Stock10b5-1
-1,298$915.27$1.2M21,736Apr 2, 2025
Apr 1, 2025SOpen-market sale
Common Stock10b5-1
-951$916.22$871k20,785Apr 2, 2025
Apr 1, 2025SOpen-market sale
Common Stock10b5-1
-2,083$917.35$1.9M18,702Apr 2, 2025
Apr 1, 2025SOpen-market sale
Common Stock10b5-1
-1,757$918.42$1.6M16,945Apr 2, 2025
Apr 1, 2025SOpen-market sale
Common Stock10b5-1
-1,081$919.42$994k15,864Apr 2, 2025
Apr 1, 2025SOpen-market sale
Common Stock10b5-1
-2,248$920.80$2.1M13,616Apr 2, 2025
Apr 1, 2025SOpen-market sale
Common Stock10b5-1
-3,158$921.67$2.9M10,458Apr 2, 2025
Apr 1, 2025SOpen-market sale
Common Stock10b5-1
-1,122$922.46$1.0M9,336Apr 2, 2025
Apr 1, 2025SOpen-market sale
Common Stock10b5-1
-1,129$923.67$1.0M8,207Apr 2, 2025
Apr 1, 2025SOpen-market sale
Common Stock10b5-1
-2,426$924.77$2.2M5,781Apr 2, 2025
Apr 1, 2025SOpen-market sale
Common Stock10b5-1
-2,117$925.75$2.0M3,664Apr 2, 2025
Apr 1, 2025SOpen-market sale
Common Stock10b5-1
-1,008$926.68$934k2,656Apr 2, 2025
Apr 1, 2025SOpen-market sale
Common Stock10b5-1
-1,243$927.98$1.2M1,413Apr 2, 2025
Apr 1, 2025SOpen-market sale
Common Stock10b5-1
-632$928.80$587k781Apr 2, 2025
Apr 1, 2025SOpen-market sale
Common Stock10b5-1
-287$929.74$267k494Apr 2, 2025
Apr 1, 2025SOpen-market sale
Common Stock10b5-1
-100$931.80$93k394Apr 2, 2025
Apr 1, 2025MOption exercise
Non-Qualified Stock Option (right to buy)derivative10b5-1
-25,360$0.00$00Apr 2, 2025

Related signals

Other insiders at NETFLIX INC and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
0Weak
NFLXsell10b5-1
NETFLIX INC
Richard N Barton
director
$109k
1,440 shares
-45%
0Weak
NFLXsell10b5-1
NETFLIX INC
Richard N Barton
director
$56k
720 shares
-23%
25Weak
NFLXsell10b5-1
NETFLIX INC
Reed Hastings
Executive Chairman
$31M
25,959 shares
-99%
26Weak
NFLXsell 2
NETFLIX INC
David A Hyman
Chief Legal Officer
$491k
424 shares
-1%
33Weak
NFLXsell 210b5-1
NETFLIX INC
Reed Hastings
Executive Chairman
$26M
22,765 shares
-98%
40Moderate
NFLXsell 310b5-1
NETFLIX INC
Reed Hastings
Executive Chairman
$22M
16,840 shares
-63%
55Moderate
NFLXsell 310b5-1
NETFLIX INC
Reed Hastings
Executive Chairman
$13M
9,673 shares
-96%
8Weak
NFLXsell 310b5-1
NETFLIX INC
Leslie J Kilgore
director
$273k
212 shares
-1%
37Weak
NFLXsell 310b5-1
NETFLIX INC
Jeffrey William Karbowski
Chief Accounting Officer
$798k
620 shares
-100%
14Weak
NFLXsell 310b5-1
NETFLIX INC
Leslie J Kilgore
director
$546k
431 shares
-1%

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.

Reed Hastings sold $23M of NFLX | InsiderTell