Netflix (NFLX) Chief Accounting Officer receives option grant for 850 shares

Rhea-AI Filing Summary

NETFLIX INC Chief Accounting Officer Jeffrey William Karbowski reported receiving a grant of stock options. He was awarded a non-qualified option to buy 850 shares of Netflix common stock at an exercise price of $85.85 per share.

The option was granted on June 1, 2026 and is scheduled to expire on June 1, 2036. Following this grant, he holds derivative rights covering 850 shares, reflecting a routine compensation-related award rather than an open-market purchase or sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Karbowski Jeffrey William

Role Chief Accounting Officer

Type	Security	Shares	Price	Value
Grant/Award	Non-Qualified Stock Option (right to buy)	850	$0.00	--

Holdings After Transaction: Non-Qualified Stock Option (right to buy) — 850 shares (Direct, null)

Footnotes (1)

Key Figures

Option grant size: 850 shares Exercise price: $85.85 per share Total derivative holdings after grant: 850 options +2 more

5 metrics

Option grant size 850 shares Non-qualified stock option awarded to Chief Accounting Officer

Exercise price $85.85 per share Conversion or exercise price of the option

Total derivative holdings after grant 850 options Total shares underlying options following this transaction

Grant date June 1, 2026 Option award transaction date

Expiration date June 1, 2036 Scheduled expiration of the non-qualified stock option

Key Terms

Non-Qualified Stock Option, exercise price, derivative, Form 4

4 terms

Non-Qualified Stock Option financial

"Non-Qualified Stock Option (right to buy)"

A non-qualified stock option (NSO) is a contract that lets an employee or service provider buy company shares at a fixed price for a set period, like a voucher to purchase stock later at today’s price. It matters to investors because exercising NSOs creates ordinary income for the holder and can increase share count, affecting a company’s earnings and ownership mix; think of it as a future sale that can dilute existing shareholders and has immediate tax consequences for the recipient.

exercise price financial

"conversion_or_exercise_price: 85.8500"

The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.

derivative financial

"transaction_type: derivative"

A derivative is a financial contract whose value depends on the price or performance of another asset or measure — for example a stock, index, interest rate, commodity, or currency. Investors use derivatives like insurance or leveraged bets to hedge risk, speculate, or gain exposure without owning the underlying asset; they can protect portfolios but also amplify losses and introduce counterparty and market risk.

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Accounting Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Non-Qualified Stock Option (right to buy)	$85.85	06/01/2026		A		850		06/01/2026	06/01/2036	Common Stock	850	$0	850	D

Explanation of Responses:

Remarks:

	By: Veronique Bourdeau, Authorized Signatory For: Jeffrey Karbowski	06/02/2026
	** Signature of Reporting Person	Date
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)

FAQ

What insider transaction did NFLX executive Jeffrey Karbowski report?

Jeffrey Karbowski reported receiving a grant of non-qualified stock options. The award covers 850 shares of Netflix common stock at a set exercise price, functioning as part of his equity-based compensation rather than an open-market stock purchase or sale.

How many Netflix (NFLX) shares are covered by Jeffrey Karbowski’s new options?

The new option grant covers 850 shares of Netflix common stock. These are derivative rights giving him the ability to buy shares at a fixed price in the future, subject to the option’s terms and expiration date defined in the award.

What is the exercise price of Jeffrey Karbowski’s Netflix (NFLX) stock options?

The exercise price of the options granted to Jeffrey Karbowski is $85.85 per share. This fixed price is what he would pay to purchase Netflix common stock upon exercising the non-qualified stock option, assuming all other conditions of the grant are met.

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

Jeffrey Karbowski’s non-qualified stock options are scheduled to expire on June 1, 2036. After this expiration date, any unexercised portion of the 850-share option grant would lapse, and he would no longer have the right to purchase shares under this award.

Is Jeffrey Karbowski’s NFLX Form 4 transaction a stock purchase or sale?

The Form 4 reports an option grant, not a market trade. It records a compensation-related acquisition of derivative rights to buy 850 shares at $85.85 per share, rather than an open-market purchase or sale of Netflix common stock for cash.