Summary by Moomoo AI
Netflix Inc. Executive Chairman Reed Hastings completed a gift transaction of 47,300 shares of Netflix common stock on 08/07/2024. The shares were disposed of at a price of $0.00, indicating a bona fide gift, typically for tax or estate planning purposes. Following the transaction, Hastings indirectly holds 2,154,241 shares of Netflix, owned by a trust. This transaction reflects a change in Hastings' holdings but does not impact the market as no sale took place.