Karbowski Jeffrey William 4

What Happened
Jeffrey William Karbowski, Chief Accounting Officer of Netflix, received 983 shares as a derivative award on July 1, 2026. The filing shows the shares were acquired at $0.00 (i.e., no cash paid). This was an award/acquisition reported on a Form 4 rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-07-01; Price: $0.00 (derivative award, transaction code A).
• Shares acquired: 983 shares. Total value shown in filing: $0 (acquired at no cash cost).
• Shares owned after transaction: Not disclosed in this filing excerpt.
• Footnotes/other plans: Filing does not indicate a 10b5-1 plan, tax withholding, or additional footnotes.
• Filing date/timeliness: Form 4 was filed on 2026-07-02; no late-filing indicator is shown (appears timely).

Context
A zero-cost derivative acquisition on a Form 4 typically reflects a compensation event (for example, vesting of restricted stock units or a similar equity award) rather than a market buy or sell. Such awards are common for executives and are part of compensation programs; they do not, by themselves, indicate the insider’s view on the stock. Purchases or open-market sales are generally more direct signals of trading intent.