Masiyiwa Strive 4
Research Summary
AI-generated summary
Netflix (NFLX) Director Strive Masiyiwa Receives 756-Share Award
What Happened
Strive Masiyiwa, a director of Netflix, was granted 756 shares in a derivative award on February 2, 2026. The Form 4 lists the transaction as an "A" (award/grant) with an acquisition price of $0.00, indicating these shares were issued as compensation rather than bought on the open market. The Form 4 was filed on February 3, 2026.
Key Details
- Transaction date: 2026-02-02 (filed 2026-02-03)
- Transaction type/code: Award/Grant (A), derivative security
- Shares granted: 756; acquisition price reported: $0.00 (total reported value $0 on the form)
- Shares owned after transaction: Not specified in the provided filing
- Filing timeliness: Filed the day after the transaction (not reported as late)
- Footnotes/notes: No 10b5-1 plan, tax withholding, or other footnotes provided in the summary information supplied
Context
Award entries like this typically reflect compensation grants (for example, restricted stock units or other equity awards) that may vest over time; they are not the same as an open-market purchase and do not necessarily signal immediate buying or selling intent. Derivative/award transactions are routine for directors and executives as part of pay and retention programs.