BARTON RICHARD N 4

What Happened

• Richard N. Barton, a director of Netflix, received an award of 679 shares classified as a derivative security on May 1, 2026. The filing lists the acquisition price as $0.00 (transaction code A), which is typical for restricted stock unit (RSU) or similar compensation grants rather than an open-market purchase or sale. The Form 4 was filed on May 4, 2026.

Key Details

• Transaction date: 2026-05-01
• Filing date: 2026-05-04 (timely filing relative to the report)
• Transaction type/code: Award/Grant (A) — derivative security
• Shares acquired: 679
• Price reported: $0.00 (award reported as $0 on Form 4)
• Shares owned after transaction: Not provided in the excerpt
• Footnotes/plan details: None shown in the provided filing excerpt

Context

• This was a compensation award (likely RSUs or similar) rather than a cash purchase; such grants are routine for executives and directors and typically vest over time. The $0.00 price reflects that no cash was exchanged at grant; the economic value will depend on NFLX’s share price when/if the award vests. Awards like this are not a direct market purchase and shouldn't be read the same way as an insider buy or sell.