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Netflix Inc. Chairman Sells 10,000 Shares of NFLX

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In a Form 4 filed earlier today, Netflix Inc. (NASDAQ: NFLX) Chairman of the Board, Reed Hastings, reported that he exercised and sold 10,000 shares of BSX on September 30th for an average price of $171.65. The exercise price was $1.50

The transaction totaled $1,716,500, netting Hastings $1,709,750. This sale was 10b5-1 Plan indicated.

Mr. Hastings owns 1,291,799 indirect shares of NFLX.

Source: The Washington Service

Posted-In: Insider Trades After-Hours Center

 

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