Netflix Director Bradford Smith Files Form 144 to Sell $1.18M in Shares
NETFLIX INC
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Filing Summary
Proposed sale of 17,980 Common shares ($1,183,983.00) by Director Bradford Smith under a Rule 10b5-1 plan adopted on 07/24/2026.
Comprehensive Analysis
Transaction Summary
Netflix, Inc. director Bradford Smith has filed a Form 144 notice of proposed sale covering 17,980 shares of common stock, representing an aggregate market value of approximately $1,183,983.00.
Key Details
- Insider: Bradford Smith (Director)
- Shares to be Sold: 17,980
- Aggregate Market Value: $1,183,983.00 (~$65.85 per share implied)
- Acquisition Nature: Exercise of stock options on October 26, 2026, paid in cash to the issuer.
- Trading Plan: The planned sale is executed under a pre-established Rule 10b5-1 trading arrangement adopted on July 24, 2026.
- Broker: Morgan Stanley Smith Barney LLC Executive Financial Services.
Significance
The trading significance is assessed as Low. The proposed transaction reflects routine stock option exercises and subsequent dispositions conducted in accordance with an established Rule 10b5-1 plan.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.