NFLX Form 4: 59 shares acquired by Chief Accounting Officer

Rhea-AI Filing Summary

Jeffrey William Karbowski, identified as Chief Accounting Officer, reported exercising a non-qualified stock option to acquire 59 shares of Netflix, Inc. (NFLX) on 10/01/2025. The Form 4 shows the exercise of a Non-Qualified Stock Option with an associated figure of $1,170.9 (as presented on the form) and indicates 59 shares of common stock were acquired and are held directly following the transaction. The filing was signed on behalf of the reporting person on 10/02/2025. The report is a routine Section 16 filing disclosing an insider option exercise and resulting direct ownership of 59 shares.

Positive

• Insider acquisition disclosed: 59 shares acquired by exercise on 10/01/2025
• Clear reporting role: Reporting person identified as Chief Accounting Officer and filing completed

Negative

• None.

Insights

Corporate Insider / Compliance Analyst

Routine insider option exercise: 59 shares acquired on 10/01/2025.

The Form 4 discloses a non-derivative acquisition resulting from a Non-Qualified Stock Option exercise that produced 59 shares of NFLX held directly. This is a standard disclosure required under Section 16 and documents change in beneficial ownership by a company officer.

Because the filing shows only an option exercise for 59 shares without further transfers, it represents a small-scale insider holding change and is typically considered routine from a compliance perspective.

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

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Karbowski Jeffrey William

(Last) (First) (Middle)

121 ALBRIGHT WAY

(Street)

LOS GATOS CA 95032

(City) (State) (Zip)

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

3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)	$1,170.9	10/01/2025		A		59		10/01/2025	10/01/2035	Common Stock	59	$0	59	D

Explanation of Responses:

Remarks:

	By: Veronique Bourdeau, Authorized Signatory For: Jeffrey Karbowski	10/02/2025
	** 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.

FAQ

What transaction did the Netflix (NFLX) insider report on this Form 4?

The Form 4 reports that Jeffrey William Karbowski exercised a Non-Qualified Stock Option to acquire 59 shares on 10/01/2025.

How many Netflix shares does the reporting person own after the transaction?

The filing shows the reporting person beneficially owns 59 shares of common stock following the transaction.

What is the reported price or figure associated with the option exercise?

The Form 4 lists an associated figure of $1,170.9 in connection with the Non-Qualified Stock Option on the filing.

Who signed the Form 4 and when was it filed?

The form was signed by an authorized signatory, Veronique Bourdeau, for Jeffrey Karbowski and dated 10/02/2025.

Does this Form 4 indicate any indirect ownership or other transactions?

No. The filing indicates the 59 shares are held directly and does not disclose indirect ownership or additional transactions.