SMITH BRADFORD L 4

What Happened
Bradford L. Smith, a director of Netflix, received a grant/award of 755 shares (reported as a derivative acquisition) on 2026-02-02. The Form 4 lists the acquisition price as $0.00, so the reported cost to the insider is $0 and the transaction is recorded as an award rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-02; Form 4 filed: 2026-02-03 (appears timely under the usual two-business-day rule).
• Transaction type/code: A (award/grant); acquired 755 shares at $0.00 (derivative).
• Total reported cash outlay: $0.00 (award).
• Shares owned after the transaction: Not specified in the provided filing details.
• No 10b5-1, tax-withholding, or sale-on-vesting details were reported in the summary provided.

Context
An "A" or derivative award commonly reflects compensation (e.g., restricted stock units or a director equity grant) and may be subject to vesting or transfer restrictions under Netflix's equity plan. Such awards are compensation events and do not necessarily signal the insider is buying or selling stock in the open market. The filing was submitted the next day and appears to be timely.