Masiyiwa Strive 4

What Happened

Strive Masiyiwa, a director of Netflix, received a grant/award of 728 shares on June 1, 2026. The Form 4 reports the transaction as an acquisition (code A) of a derivative security at an acquisition price of $0.00 (total reported value $0). This was not an open‑market purchase or sale but an awarded grant—typically part of director compensation rather than a personal cash investment.

Key Details

• Transaction date: 2026-06-01 (Form filed 2026-06-02; filing appears timely).
• Transaction type/code: Award/Grant (A); reported as a derivative acquisition.
• Shares acquired: 728 shares; acquisition price reported as $0.00; total reported cash value $0.
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes/notes: Filing reports the grant as a derivative award; the specific award type (e.g., RSUs, deferred stock) is not detailed in the provided data.

Context

Awards to directors are commonly part of standard compensation plans and do not necessarily signal the director’s personal view on the stock. Unlike purchases or sales, grants primarily reflect compensation expense or retention incentives. Retail investors should note the award was not a cash purchase and that market value (if relevant) is not shown in this Form 4.