The grant is one date. The selling starts on another. In this FY2024 cut, several executives began disclosed sales one day after the grant date.
The largest row is Reed Hastings at Netflix: first disclosed sale one day after the January 25, 2024 grant date, with $753.8 million of sales inside the following 90 days. Lisa Su at AMD follows with $132.9 million.
- Grant year
- FY2024
- Sale window
- 90 days
- Fastest gap
- 1 day
- Largest row
- $753.8M
Grant dates come from FY2024 proxy disclosures.
Sale totals use disclosed sale filings after the grant date.
Six rows in the captured cut landed in the one-day bucket.
Reed Hastings, measured inside the 90-day post-grant window.
The fastest grant-to-sale chronologies
Reed Hastings
The first disclosed sale landed one day after the proxy grant date.
- First sale gap
- 1 day
- 90-day sales
- $753.8M
- Grant date
- Jan. 25, 2024
Lisa Su
The first disclosed sale landed one day after the proxy grant date.
- First sale gap
- 1 day
- 90-day sales
- $132.9M
- Grant date
- Feb. 14, 2024
Charles R. Schwab
The first disclosed sale landed one day after the proxy grant date.
- First sale gap
- 1 day
- 90-day sales
- $39.8M
- Grant date
- Jan. 23, 2024
Vaibhav Taneja
The first disclosed sale landed one day after the proxy grant date.
- First sale gap
- 1 day
- 90-day sales
- $16.5M
- Grant date
- Oct. 31, 2024
Steven L. Fradkin
The first disclosed sale landed one day after the proxy grant date.
- First sale gap
- 1 day
- 90-day sales
- $5.2M
- Grant date
- Feb. 21, 2024
Luc Seraphin
The first disclosed sale landed one day after the proxy grant date.
- First sale gap
- 1 day
- 90-day sales
- $2.7M
- Grant date
- Apr. 1, 2024
Javier Olivan
The first disclosed sale landed 2 days after the proxy grant date.
- First sale gap
- 2 days
- 90-day sales
- $7.9M
- Grant date
- Mar. 20, 2024
Steven Chapman
The first disclosed sale landed 3 days after the proxy grant date.
- First sale gap
- 3 days
- 90-day sales
- $29.7M
- Grant date
- Jan. 26, 2024
John P. Nallen
The first disclosed sale landed 3 days after the proxy grant date.
- First sale gap
- 3 days
- 90-day sales
- $12.1M
- Grant date
- Aug. 12, 2024
Lachlan K. Murdoch
The first disclosed sale landed 3 days after the proxy grant date.
- First sale gap
- 3 days
- 90-day sales
- $8.9M
- Grant date
- Aug. 12, 2024
Why the chronology matters
Stock grants are usually framed as long-term alignment. A Form 4 sale soon after the grant date does not disprove that framing by itself. It can reflect an already-planned sale, a diversification program, or another ordinary liquidity reason.
This is a chronology screen, not a matching screen. A sale after a grant date does not prove the sold shares came from that grant, or that the sale was a newly made discretionary decision; Rule 10b5-1 plans, in particular, can schedule sales in advance.
Still, the chronology is useful. If a board describes equity as a long-term alignment mechanism, investors should be able to see how quickly disclosed selling begins after the award lands. Sequence is not motive. It is evidence.
What to check in the filing
- Start with the proxy grant table. The grant date anchors the chronology.
- Then open the Form 4 filings. Look for Form 4 sale transactions (code S) inside the following 90 days.
- Read the footnotes. Trading plans and ownership structures can change how the sale should be interpreted.
Method note
This analysis ties one FY2024 proxy grant date to disclosed Form 4 sale transactions inside the following 90 days. It keeps one representative executive row per selected company, except Fox, where both John P. Nallen and Lachlan K. Murdoch remain in the top cut. Public copy makes chronology claims only. It does not guess at motive or tax treatment.
This article expands our published Voronoi chart. For the wider equity-pay context, read Stock Grants Drove CEO Raises While Shares Fell and Are CEOs Paid for Performance?. For the adjacent Form 4 lens, compare Officer Buyers vs. Sellers. Current company pages include Netflix, AMD, and Tesla.