Netflix Executives Engage in Significant Stock Transactions
Less than 1 min read
| Reporter Name | Relationship | Type | Amount | SEC Filing |
|---|---|---|---|---|
| Hastings Reed | Director | Sell | $49,427,028 | Form 4 |
| Neumann Spencer Adam | Chief Financial Officer | Sell | $3,048,514 | Form 4 |
Netflix Director Reed Hastings and CFO Spencer Adam Neumann have recently sold substantial amounts of company stock.
Reed Hastings sold 42,176 shares of Netflix common stock on October 1, 2025, with weighted average sale prices ranging from $1,164.03 to $1,178.99, totaling $49,427,028. Following these transactions, Hastings's direct ownership stands at 394 shares, with an additional 2,154,241 shares held indirectly through the Hastings-Quillin Family Trust.
Spencer Adam Neumann, Netflix's Chief Financial Officer, sold 2,600 shares on the same date, with weighted average prices between $1,168.684 and $1,178.07, amounting to $3,048,514. Post-sale, Neumann directly owns 3,691 shares of Netflix.