Netflix (NFLX) Director Strive Masiyiwa Receives 774-Share Award

What Happened

• Strive Masiyiwa, a director of Netflix, received an award/acquisition of 774 derivative shares on 2026-09-01. The reported price per share is $0.00 (a grant/award), so no cash was paid in the transaction. The filing classifies the transaction as a derivative award (transaction code A).

Key Details

• Transaction date: 2026-09-01; Form 4 filed: 2026-09-02 (timely).
• Transaction type/code: Award/Grant (A) — 774 shares reported as derivative securities.
• Price reported: $0.00 (indicates shares were granted rather than purchased).
• Shares owned after the transaction: Not provided in the data supplied (check the full Form 4 for total beneficial ownership).
• Footnotes/vesting: No vesting or tax-withholding details were provided here; review the full filing for footnotes or conditions.
• Accession: 0001065280-26-000262.

Context

• This was an equity award (not an open-market buy or sale). Derivative awards like these are commonly restricted stock units or similar instruments that may vest over time under company plans; the Form 4 should be checked for vesting schedules or restrictions. Awards do not by themselves indicate immediate buying or selling intent.