Netflix (NFLX) Director Jay Hoag Receives 774-Share Award

What Happened

• Jay C. Hoag, a director of Netflix (NFLX), was reported on a Form 4 as acquiring 774 shares on 2026-09-01 through a derivative award. The reported acquisition price is $0.00 (total reported value $0), meaning the shares were granted rather than bought on the open market.

Key Details

• Transaction date: 2026-09-01; Form 4 filing date: 2026-09-02 (appears timely).
• Transaction type: A (Award/Grant/Other acquisition) — reported as a derivative acquisition.
• Shares acquired: 774; reported price per share: $0.00; reported total value: $0.
• Shares owned after transaction: not specified in the provided transaction summary.
• No footnotes, 10b5-1 plan, or tax-withholding details were provided in the data you shared.

Context

• Derivative awards like this are commonly restricted stock units or similar compensation granted to directors and typically vest over time; they are not the same as an open-market purchase and don’t necessarily signal immediate bullish trading by the insider. The filing was submitted the next day, which is within the usual Form 4 reporting window.