Form 4: Netflix Director Reed Hastings Gifts Shares

Netflix Director Reed Hastings reported a gift of 14,089 shares of common stock on November 7, 2025, with no monetary transaction.

Summary

• Reed Hastings, a Director of Netflix Inc. (NFLX), reported a disposition of 14,089 shares of common stock.
• The transaction occurred on November 7, 2025, and was classified as a gift (Transaction Code 'G').
• The shares were disposed of at a price of $0.
• Following this transaction, Hastings directly beneficially owns 2,140,152 shares, held indirectly by the Hastings-Quillin Family Trust, where he serves as Trustee.

Sentiment

Score: 5

Explanation: This Form 4 reports a routine insider transaction (a gift of shares) and does not contain information that would typically be considered positive or negative for the company's financial performance or outlook. It's a standard disclosure of a change in beneficial ownership.

Industry Context

This is a routine insider transaction report and does not provide specific insights into broader industry trends or competitive positioning.

Related Party Transactions

• The indirect beneficial ownership of 2,140,152 shares is held by the Hastings-Quillin Family Trust, where Reed Hastings serves as Trustee.

Stakeholder Impact

• Shareholders: Minimal impact as this is a routine insider gift and not a sale or major acquisition that would significantly alter market perception or company fundamentals.

Key Dates

Keywords

Netflix, NFLX, Reed Hastings, Form 4, insider transaction, stock gift, director