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sellWeak10b5-1 plan

Reed Hastings sold $41M of NFLX

Executive Chairman at NETFLIX INC. 375,470 shares at an average of $108.43, traded Dec 1, 2025, filed Dec 2, 2025.

Warning score
25
Value
$41M
375,470 shares
Holdings after
3,940
-99% from before
From 52-week low
+32%
low $82.84, close $109.13
From 52-week high
-19%
high $133.91, as of Dec 1, 2025

Score components

  • Role
    Director
    +15
  • Trade size
    $40.7M at market
    +25
  • Share of holdings sold
    Sold 99% of holdings
    +20
  • Cluster
    No other insider selling within 14 days
    0
  • 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 Dec 2, 2025: -35.7%SPY +15.5% · excess -51.2%

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 0001065280-25-000472, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Dec 1, 2025MOption exercise
Common Stock10b5-1
+375,470$10.57$4.0M379,410Dec 2, 2025
Dec 1, 2025SOpen-market sale
Common Stock10b5-1
-36,903$106.85$3.9M342,507Dec 2, 2025
Dec 1, 2025SOpen-market sale
Common Stock10b5-1
-140,595$108.20$15M201,912Dec 2, 2025
Dec 1, 2025SOpen-market sale
Common Stock10b5-1
-197,972$108.89$22M3,940Dec 2, 2025
Dec 1, 2025MOption exercise
Non-Qualified Stock Option (right to buy)derivative10b5-1
-375,470$0.00$00Dec 2, 2025
Dec 1, 2025AGrant or award
Non-Qualified Stock Option (right to buy)derivative10b5-1
+576$0.00$0576Dec 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%
33Weak
NFLXsell 210b5-1
NETFLIX INC
Reed Hastings
Executive Chairman
$40M
410,550 shares
-99%
30Weak
NFLXsell 210b5-1
NETFLIX INC
Spencer Adam Neumann
Chief Financial Officer
$2.8M
28,630 shares
-28%
30Weak
NFLXsell 210b5-1
NETFLIX INC
Spencer Adam Neumann
Chief Financial Officer
$5.5M
57,260 shares
-44%
47Moderate
NFLXsell 5
NETFLIX INC
David A Hyman
Chief Legal Officer
$464k
5,727 shares
-2%
63Notable
NFLXsell 5
NETFLIX INC
Cletus R Willems
Chief Global Affairs Officer
$259k
3,136 shares
-100%
70Notable
NFLXsell 5
NETFLIX INC
Gregory K Peters
Co-CEO
$2.3M
27,312 shares
-18%
64Notable
NFLXsell 5
NETFLIX INC
Spencer Adam Neumann
Chief Financial Officer
$752k
9,248 shares
-11%
40Moderate
NFLXsell 510b5-1
NETFLIX INC
Reed Hastings
Executive Chairman
$33M
390,970 shares
-99%

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 $41M of NFLX | InsiderTell