Netflix (NFLX) CAO Jeffrey Karbowski Receives 994-Share Award

What Happened

• Jeffrey William Karbowski, Chief Accounting Officer of Netflix, received an award of 994 shares (reported as a derivative acquisition) on August 3, 2026. The reported acquisition price is $0.00, indicating these shares were granted as compensation rather than purchased.
• This was reported on a Form 4 filed August 4, 2026. Awards like this are typically part of compensation or retention programs and are not the same as an open-market purchase or sale.

Key Details

• Transaction date: 2026-08-03; Form 4 filed: 2026-08-04.
• Transaction code: A (award/grant/other acquisition); reported price: $0.00.
• Shares acquired: 994 (reported as a derivative security).
• Shares owned after the transaction: not specified in the provided filing excerpt.
• No footnotes or special plans (e.g., 10b5-1) were noted in the excerpt; no tax-withholding sale indicated.
• Filing appears timely (reported date Aug 3, filed Aug 4).

Context

• The filing classifies the position as a derivative acquisition — commonly restricted stock units (RSUs) or similar — meaning the shares were granted, not bought. The filing does not state vesting terms or whether the shares are immediately transferrable.
• Equity awards are standard executive compensation and do not by themselves indicate insider buying or selling sentiment.