Neumann Spencer Adam 4

What Happened Adam Neumann, Chief Financial Officer of Netflix (NFLX), was granted 56,977 restricted stock units (RSUs) on January 22, 2026. The Form 4 reports this as an award (derivative acquisition) with an acquisition price of $0.00 — these RSUs represent contingent rights to receive one share of Netflix common stock upon vesting. No cash was exchanged at grant; the filing does not report a dollar value realized at grant.

Key Details

• Transaction date: 2026-01-22; Form 4 filed: 2026-01-23 (timely filing).
• Award: 56,977 RSUs; reported acquisition price: $0.00 (derivative award).
• Shares owned after transaction: not disclosed in this filing.
• Footnotes: F1 — each RSU converts to one share when settled; F2 — subject to award terms, 1/12th of the RSUs will vest quarterly beginning on Feb 3, 2026 (or the next trading day).
• No 10b5-1 plan, tax-withholding sale, or sale transaction reported here.

Context RSU grants are common elements of executive compensation and are not open-market purchases or sales. These awards become economically meaningful only as they vest and are settled into shares (and then may be taxable). This Form 4 documents the grant itself rather than any immediate buying or selling of Netflix stock.