RICE SUSAN E 4

What Happened

Susan E. Rice, a director of Netflix, received a 654-share award on April 1, 2026. The transaction is reported as a derivative grant (Form 4 code A) at $0.00 per share (total reported value $0). This was an equity award/compensation grant rather than a purchase or sale.

Key Details

• Transaction date: April 1, 2026; Form 4 filed April 2, 2026 (timely).
• Transaction type: Award/Grant (derivative) — 654 shares acquired at $0.00.
• Total reported value on the form: $0.00.
• Shares owned after transaction: Not specified in the filing.
• Footnotes/plan details: Filing does not specify whether these are RSUs, restricted shares, vesting schedule, tax withholding, or a 10b5-1 plan.

Context

Director grants are typically part of routine compensation and may vest over time; they do not necessarily indicate the insider's personal buying or selling sentiment. For retail investors, outright purchases are generally more informative about insider conviction than awards, but tracking grants can help understand executive/director compensation trends.