RICE SUSAN E 4

What Happened Susan E. Rice, a director of Netflix, was reported on a Form 4 as receiving 728 shares via an award/derivative grant on June 1, 2026. The filing lists an acquisition price of $0.00, which reflects the reporting convention for a grant (not the market value of the shares). This is an award-type transaction (code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-01 (reported on Form 4 filed 2026-06-02). Filing appears timely (filed the next day).
• Transaction type/code: Award/Grant (A); reported as a derivative acquisition.
• Shares acquired: 728 shares; reported acquisition price: $0.00 (reported cash value = $0).
• Shares owned after transaction: Not specified in the excerpt of this filing.
• Notable footnotes: None shown in the provided transaction details. No indication of a 10b5-1 plan, tax withholding, or immediate sale.

Context Awards like this are commonly part of director compensation (e.g., restricted stock units or other equity grants). The $0.00 figure on the Form 4 denotes a grant rather than a cash purchase; to gauge economic size, check NFLX’s market price on the grant date or the company’s proxy/compensation disclosures for award terms. Awards do not, by themselves, indicate a buy or sell intent by the insider.