Reed Hastings sold $45M of NFLX
Co-CEO at NETFLIX INC. 40,374 shares at an average of $1,121.51, traded Oct 31, 2025, filed Nov 4, 2025.
Score components
- +15RoleDirector
- +25Trade size$45.3M at market
- +20Share of holdings soldSold 99% of holdings
- +15Cluster6 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 -5.6%, 3m -26.9%, 6m -19.6%.
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 0001065280-25-000414, as filed. Open on EDGAR
| Date | Transaction | Shares | Price | Value | Holdings after | Filed |
|---|---|---|---|---|---|---|
| Oct 31, 2025 | MOption exercise Common Stock10b5-1 | +40,374 | $98.30 | $4.0M | 40,768 | Nov 4, 2025 |
| Oct 31, 2025 | SOpen-market sale Common Stock10b5-1 | -1,412 | $1,104.64 | $1.6M | 39,356 | Nov 4, 2025 |
| Oct 31, 2025 | SOpen-market sale Common Stock10b5-1 | -300 | $1,108.65 | $333k | 39,056 | Nov 4, 2025 |
| Oct 31, 2025 | SOpen-market sale Common Stock10b5-1 | -426 | $1,109.52 | $473k | 38,630 | Nov 4, 2025 |
| Oct 31, 2025 | SOpen-market sale Common Stock10b5-1 | -330 | $1,110.72 | $367k | 38,300 | Nov 4, 2025 |
| Oct 31, 2025 | SOpen-market sale Common Stock10b5-1 | -862 | $1,111.65 | $958k | 37,438 | Nov 4, 2025 |
| Oct 31, 2025 | SOpen-market sale Common Stock10b5-1 | -630 | $1,112.58 | $701k | 36,808 | Nov 4, 2025 |
| Oct 31, 2025 | SOpen-market sale Common Stock10b5-1 | -852 | $1,113.78 | $949k | 35,956 | Nov 4, 2025 |
| Oct 31, 2025 | SOpen-market sale Common Stock10b5-1 | -700 | $1,114.90 | $780k | 35,256 | Nov 4, 2025 |
| Oct 31, 2025 | SOpen-market sale Common Stock10b5-1 | -200 | $1,116.31 | $223k | 35,056 | Nov 4, 2025 |
| Oct 31, 2025 | SOpen-market sale Common Stock10b5-1 | -800 | $1,117.38 | $894k | 34,256 | Nov 4, 2025 |
| Oct 31, 2025 | SOpen-market sale Common Stock10b5-1 | -1,763 | $1,118.52 | $2.0M | 32,493 | Nov 4, 2025 |
| Oct 31, 2025 | SOpen-market sale Common Stock10b5-1 | -7,426 | $1,119.41 | $8.3M | 25,067 | Nov 4, 2025 |
| Oct 31, 2025 | SOpen-market sale Common Stock10b5-1 | -2,086 | $1,120.35 | $2.3M | 22,981 | Nov 4, 2025 |
| Oct 31, 2025 | SOpen-market sale Common Stock10b5-1 | -2,754 | $1,121.47 | $3.1M | 20,227 | Nov 4, 2025 |
| Oct 31, 2025 | SOpen-market sale Common Stock10b5-1 | -3,217 | $1,122.54 | $3.6M | 17,010 | Nov 4, 2025 |
| Oct 31, 2025 | SOpen-market sale Common Stock10b5-1 | -3,531 | $1,123.44 | $4.0M | 13,479 | Nov 4, 2025 |
| Oct 31, 2025 | SOpen-market sale Common Stock10b5-1 | -3,618 | $1,124.53 | $4.1M | 9,861 | Nov 4, 2025 |
| Oct 31, 2025 | SOpen-market sale Common Stock10b5-1 | -1,444 | $1,125.63 | $1.6M | 8,417 | Nov 4, 2025 |
| Oct 31, 2025 | SOpen-market sale Common Stock10b5-1 | -1,400 | $1,126.44 | $1.6M | 7,017 | Nov 4, 2025 |
| Oct 31, 2025 | SOpen-market sale Common Stock10b5-1 | -1,000 | $1,127.35 | $1.1M | 6,017 | Nov 4, 2025 |
| Oct 31, 2025 | SOpen-market sale Common Stock10b5-1 | -500 | $1,128.68 | $564k | 5,517 | Nov 4, 2025 |
| Oct 31, 2025 | SOpen-market sale Common Stock10b5-1 | -2,487 | $1,129.73 | $2.8M | 3,030 | Nov 4, 2025 |
| Oct 31, 2025 | SOpen-market sale Common Stock10b5-1 | -1,981 | $1,130.84 | $2.2M | 1,049 | Nov 4, 2025 |
| Oct 31, 2025 | SOpen-market sale Common Stock10b5-1 | -423 | $1,131.59 | $479k | 626 | Nov 4, 2025 |
| Oct 31, 2025 | SOpen-market sale Common Stock10b5-1 | -132 | $1,132.84 | $150k | 494 | Nov 4, 2025 |
| Oct 31, 2025 | SOpen-market sale Common Stock10b5-1 | -100 | $1,134.18 | $113k | 394 | Nov 4, 2025 |
| Oct 31, 2025 | MOption exercise Non-Qualified Stock Option (right to buy)derivative10b5-1 | -40,374 | $0.00 | $0 | 0 | Nov 4, 2025 |
| Nov 3, 2025 | AGrant or award Non-Qualified Stock Option (right to buy)derivative10b5-1 | +57 | $0.00 | $0 | 57 | Nov 4, 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 Co-CEO | $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.