Reed Hastings sold $49M of NFLX
Executive Chairman at NETFLIX INC. 42,176 shares at an average of $1,171.92, traded Oct 1, 2025, filed Oct 2, 2025.
Score components
- +15RoleDirector
- +25Trade size$49.4M at market
- +20Share of holdings soldSold 99% of holdings
- +8Cluster2 insiders selling within 14 days
- -15Exercise and sellShares came from an option exercise in the same filing
- -2010b5-1 planPre-scheduled under a 10b5-1 plan
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.
This signal so far: 1m -3.8%, 3m -19.3%, 6m -15.1%.
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.
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 0001065280-25-000398, as filed. Open on EDGAR
| Date | Transaction | Shares | Price | Value | Holdings after | Filed |
|---|---|---|---|---|---|---|
| Oct 1, 2025 | MOption exercise Common Stock10b5-1 | +42,176 | $94.09 | $4.0M | 42,570 | Oct 2, 2025 |
| Oct 1, 2025 | SOpen-market sale Common Stock10b5-1 | -400 | $1,164.15 | $466k | 42,170 | Oct 2, 2025 |
| Oct 1, 2025 | SOpen-market sale Common Stock10b5-1 | -900 | $1,165.65 | $1.0M | 41,270 | Oct 2, 2025 |
| Oct 1, 2025 | SOpen-market sale Common Stock10b5-1 | -1,400 | $1,166.86 | $1.6M | 39,870 | Oct 2, 2025 |
| Oct 1, 2025 | SOpen-market sale Common Stock10b5-1 | -4,318 | $1,168.12 | $5.0M | 35,552 | Oct 2, 2025 |
| Oct 1, 2025 | SOpen-market sale Common Stock10b5-1 | -4,781 | $1,168.98 | $5.6M | 30,771 | Oct 2, 2025 |
| Oct 1, 2025 | SOpen-market sale Common Stock10b5-1 | -4,467 | $1,169.90 | $5.2M | 26,304 | Oct 2, 2025 |
| Oct 1, 2025 | SOpen-market sale Common Stock10b5-1 | -5,474 | $1,171.03 | $6.4M | 20,830 | Oct 2, 2025 |
| Oct 1, 2025 | SOpen-market sale Common Stock10b5-1 | -4,333 | $1,171.94 | $5.1M | 16,497 | Oct 2, 2025 |
| Oct 1, 2025 | SOpen-market sale Common Stock10b5-1 | -1,868 | $1,172.93 | $2.2M | 14,629 | Oct 2, 2025 |
| Oct 1, 2025 | SOpen-market sale Common Stock10b5-1 | -2,289 | $1,173.94 | $2.7M | 12,340 | Oct 2, 2025 |
| Oct 1, 2025 | SOpen-market sale Common Stock10b5-1 | -3,990 | $1,175.16 | $4.7M | 8,350 | Oct 2, 2025 |
| Oct 1, 2025 | SOpen-market sale Common Stock10b5-1 | -3,232 | $1,176.07 | $3.8M | 5,118 | Oct 2, 2025 |
| Oct 1, 2025 | SOpen-market sale Common Stock10b5-1 | -2,273 | $1,177.18 | $2.7M | 2,845 | Oct 2, 2025 |
| Oct 1, 2025 | SOpen-market sale Common Stock10b5-1 | -2,251 | $1,178.15 | $2.7M | 594 | Oct 2, 2025 |
| Oct 1, 2025 | SOpen-market sale Common Stock10b5-1 | -200 | $1,178.92 | $236k | 394 | Oct 2, 2025 |
| Oct 1, 2025 | MOption exercise Non-Qualified Stock Option (right to buy)derivative10b5-1 | -42,176 | $0.00 | $0 | 0 | Oct 2, 2025 |
| Oct 1, 2025 | AGrant or award Non-Qualified Stock Option (right to buy)derivative10b5-1 | +53 | $0.00 | $0 | 53 | Oct 2, 2025 |
Related signals
Other insiders at NETFLIX INC and this insider’s other filings.
| Score | Company | Insider | Value | Holdings | Filed |
|---|---|---|---|---|---|
| 0Weak | NETFLIX INC | Richard N Barton director | $109k 1,440 shares | -45% | |
| 0Weak | NETFLIX INC | Richard N Barton director | $56k 720 shares | -23% | |
| 63Notable | NETFLIX INC | Spencer Adam Neumann Chief Financial Officer | $701k 9,248 shares | -11% | |
| 26Weak | NETFLIX INC | Richard N Barton director | $162k 2,160 shares | -90% | |
| 70Notable | NETFLIX INC | Gregory K Peters Co-CEO | $2.0M 27,312 shares | -18% | |
| 31Weak | NETFLIX INC | David A Hyman Chief Legal Officer | $417k 5,723 shares | -2% | |
| 40Moderate | NETFLIX INC | Theodore A Sarandos Co-CEO | $9.7M 133,162 shares | -43% | |
| 15Weak | NETFLIX INC | Bradford L Smith director | $2.8M 35,990 shares | -31% | |
| 25Weak | NETFLIX INC | Reed Hastings Executive Chairman | $33M 386,700 shares | -99% | |
| 65Notable | NETFLIX INC | Spencer Adam Neumann Chief Financial Officer | $823k 9,253 shares | -11% |
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.