Hoag Jay C 4

What Happened Jay C. Hoag, a director of Netflix, received a grant/award of 679 derivative shares (reported as an acquisition) on May 1, 2026. The filing shows a per-share price of $0.00 for the award and a reported total value of $0 on the Form 4 (typical for certain equity awards at grant). This was an award/grant transaction (not an open-market purchase or sale).

Key Details

• Transaction date: 2026-05-01; filing date: 2026-05-04 (filed within the SEC’s two-business-day window).
• Transaction type/code: A (award/grant); described as a derivative security on the Form 4.
• Shares involved: 679 shares granted at $0.00 (total reported $0).
• Shares owned after transaction: Not specified in the provided filing.
• No 10b5-1, cashless exercise, or tax-withholding notes were listed in the supplied transaction details.

Context Derivative awards like this are commonly restricted stock units (RSUs) or similar equity grants that typically vest over time; they represent compensation or long-term incentive rather than an open-market purchase. Such awards do not necessarily indicate immediate buying or selling intent by the insider. The filing appears timely (submitted May 4 for a May 1 transaction).