HASTINGS REED 4

What Happened

• Reed Hastings, a director of Netflix, reported a disposition by gift of 241,944 Netflix shares on February 5, 2026. The filing shows the shares were transferred at $0.00 (gift) and no proceeds were received.
• This was a gift/transfer (disposition code G), not a market sale or purchase, so it does not represent a buy/sell decision for portfolio purposes.

Key Details

• Transaction date: 2026-02-05; Report filed: 2026-02-06 (appears timely).
• Transaction type/code: Gift (G); Price reported: $0.00; Shares disposed: 241,944.
• Shares owned after transaction: Not reported in the provided summary of the filing.
• Footnote F1: Transaction made "As Trustee of the Hastings-Quillin Family Trust."
• No 10b5-1 plan, tax-withholding, or exercise language noted in this filing.

Context

• Gifts are transfers for estate planning, charitable, or family reasons and do not by themselves indicate the insider’s view on the company’s share price.
• The filing documents a non-market transfer by a director acting as trustee; it should be interpreted as a disposition of shares but not as a routine sale for cash.