Insider Selling: Netflix (NASDAQ:NFLX) Insider Sells 5,723 Shares of Stock
MarketBeat
Netflix, Inc. (NASDAQ:NFLX - Get Free Report) insider David Hyman sold 5,723 shares of the business's stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $72.85, for a total value of $416,920.55. Following the transaction, the insider directly owned 316,100 shares of the company's stock, valued at $23,027,885. The trade was a 1.78% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
NASDAQ:NFLX