Karbowski Jeffrey William 4

What Happened
Jeffrey W. Karbowski, Chief Accounting Officer of Netflix, was granted 850 shares on June 1, 2026. The Form 4 lists the acquisition as an award/grant (transaction code A) of derivative securities at a reported price of $0.00, consistent with a compensation grant (e.g., RSUs or restricted stock). The award itself is an acquisition of company stock as compensation rather than an open-market purchase.

Key Details

• Transaction date: 2026-06-01; filing date: 2026-06-02 (timely filing).
• Transaction type/code: Award/Grant (A) of derivative securities.
• Shares granted: 850 shares; reported acquisition price: $0.00 (reflects grant, not cash purchase).
• Shares owned after transaction: Not provided in the supplied details — check the full Form 4 for post-transaction holdings.
• Footnotes/conditions: Specific vesting schedule, tax withholding, or restriction details were not included in the summary data; such awards are often subject to vesting and other conditions.

Context
This was a compensation award, likely in the form of RSUs or restricted shares, which typically vest over time and may be subject to forfeiture if employment ends. Because it’s an award (not a purchase or sale), it doesn’t directly signal buying or selling intent; purchases are generally considered more informative about an executive’s market outlook. To estimate the grant’s dollar value, multiply Netflix’s market price on the grant date by 850. Check the full Form 4 (accession 0001065280-26-000180) for any footnotes or vesting/tax details.