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Netflix (NASDAQ: NFLX) awards 994 options to Chief Accounting Officer

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Netflix Inc. reported an equity award to its Chief Accounting Officer, Jeffrey William Karbowski. On 2026-08-03 he received a grant of 994 non-qualified stock options for common stock with an exercise price of $73.33 per share, expiring on 2036-08-03. Following the grant, he holds 994 options directly.

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Insider Karbowski Jeffrey William
Role Chief Accounting Officer
Type Security Shares Price Value
Grant/Award Non-Qualified Stock Option (right to buy) 994 $0.00 $0.00
Holdings After Transaction: Non-Qualified Stock Option (right to buy) — 994 shares (Direct)
Options granted 994 options Non-Qualified Stock Options granted on 2026-08-03
Exercise price $73.33 per share Conversion or exercise price of the options
Underlying shares 994 shares Common shares underlying the stock options
Expiration date 2036-08-03 Option expiration date for the granted derivatives
Holdings after grant 994 options Total derivative securities held directly following the transaction
Grant price per option $0.00 per option Price paid per option at the time of grant
Non-Qualified Stock Option (right to buy) financial
"Listed as the security title granted to the officer"
Common Stock financial
"Named as the underlying security for the granted options"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Chief Accounting Officer financial
"Used as Jeffrey William Karbowski's officer title at Netflix"
A chief accounting officer is a senior executive responsible for overseeing a company's financial records and ensuring all accounting practices are accurate and compliant with regulations. They play a key role in preparing financial reports that help investors understand the company's financial health, much like a trusted navigator guiding a ship through complex waters. Their work ensures transparency and trust in the company's financial information.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What insider transaction did Netflix (NFLX) report for Jeffrey William Karbowski?

Netflix (NFLX) reported that Chief Accounting Officer Jeffrey William Karbowski received a grant of 994 non-qualified stock options on 2026-08-03. The filing classifies this as a grant or award acquisition, not a sale of existing shares.

How many Netflix (NFLX) stock options were granted and at what exercise price?

Jeffrey William Karbowski was granted 994 non-qualified stock options linked to Netflix (NFLX) common stock. Each option carries an exercise price of $73.33 per share, which is the price he would pay to acquire the underlying common shares if exercised.

When do Jeffrey Karbowski’s new Netflix (NFLX) stock options expire?

The granted Netflix (NFLX) stock options held by Jeffrey William Karbowski expire on 2036-08-03. This gives him approximately ten years from the 2026-08-03 grant date to choose whether to exercise the 994 options for common shares.

Are Jeffrey Karbowski’s Netflix (NFLX) stock options held directly or indirectly?

The filing shows that Jeffrey William Karbowski holds these Netflix (NFLX) options directly. The ownership code is listed as “D” for direct ownership, and total derivative securities held following the transaction are 994 options.

Were the Netflix (NFLX) option grants reported under a Rule 10b5-1 trading plan?

The document’s Rule 10b5-1 checkbox is not checked, so this option grant to Netflix (NFLX) executive Jeffrey William Karbowski is not reported as made pursuant to a Rule 10b5-1 trading plan under the SEC’s insider trading rules.

How many Netflix (NFLX) shares could Jeffrey Karbowski acquire from this grant?

If fully exercised, Jeffrey William Karbowski’s grant covers 994 underlying shares of Netflix (NFLX) common stock. Each non-qualified stock option corresponds to one share of common stock, as indicated by the underlying security share count.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Karbowski Jeffrey William

(Last)(First)(Middle)
121 ALBRIGHT WAY

(Street)
LOS GATOS CALIFORNIA 95032

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
NETFLIX INC [ NFLX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Accounting Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/03/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Non-Qualified Stock Option (right to buy)$73.3308/03/2026A99408/03/202608/03/2036Common Stock994$0994D
Explanation of Responses:
Remarks:
By: Veronique Bourdeau, Authorized Signatory For: Jeffrey Karbowski08/04/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)