MATHER ANN 4

What Happened

• Ann Mather, a director of Netflix Inc. (NFLX), was granted 654 derivative shares (reported as an award, code A) on April 1, 2026. The filing shows an acquisition price of $0.00 (award), total reported value $0. This is a company grant/compensation event rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-04-01; Form 4 filed: 2026-04-02 (appears timely).
• Transaction type/code: Award/Grant (A) of derivative securities (654 shares).
• Price: $0.00 per share; reported total value $0.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Notes: Reported as a derivative award (often RSUs or similar); may be subject to vesting and transfer restrictions.

Context

• Awards to directors are a common element of board compensation and do not represent an open-market investment decision. Derivative awards typically convert into common stock only after vesting; they are not immediately tradable. This transaction should be viewed as compensation reporting rather than a straightforward bullish or bearish insider trade.