Hoag Jay C 4

What Happened Jay C. Hoag, a director of Netflix, received a grant/award of 654 derivative shares on April 1, 2026. The Form 4 lists the acquisition as code "A" at a reported price of $0.00 (total reported value $0), indicating an equity award rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-04-01 (reported on Form 4 filed 2026-04-02; Accession 0001082906-26-000012)
• Transaction type/code: Grant/Award (A); derivative shares acquired
• Price: $0.00 per share as reported; total reported value $0 on the Form 4
• Shares owned after transaction: Not specified in the provided filing summary
• Footnotes/conditions: No 10b5-1, tax withholding, or other footnotes provided in the summary
• Filing timeliness: Form filed the next day (Apr 2, 2026); appears timely based on typical Form 4 reporting windows

Context A grant reported as a derivative award commonly reflects restricted stock units (RSUs), performance units, or another equity compensation vehicle that may be subject to vesting and transfer restrictions. Such grants are a form of compensation and do not necessarily indicate an insider buying or selling stock in the open market.