Netflix CAO receives 763 stock options at $95.55

Netflix Inc. Chief Accounting Officer Jeffrey William Karbowski received a grant of non-qualified stock options representing 763 shares of common stock.

Accepted by SEC EDGAR 04/02/2026 - 06:01 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Netflix Inc. Chief Accounting Officer Jeffrey William Karbowski received a grant of non-qualified stock options representing 763 shares of common stock. The options have an exercise price of $95.55 per share and were awarded as a compensation-related grant at no purchase cost on the grant date.

Following this grant, Karbowski holds 763 stock options according to this filing, which may be exercised into an equal number of Netflix common shares before their expiration on April 1, 2036, subject to any applicable vesting and other plan conditions not detailed here.

Insights

Equity compensation analyst

Routine stock option grant to Netflix CAO, modest in scale.

Netflix granted Chief Accounting Officer Jeffrey William Karbowski 763 non-qualified stock options with an exercise price of $95.55 per share. The transaction is coded as a grant/award, indicating compensation rather than an open-market trade or discretionary purchase.

The filing shows 763 options held after the transaction and no additional derivative positions, suggesting only this award is visible here. As a single, relatively small grant with no accompanying sales or exercises, it appears routine and does not by itself signal a major change in insider sentiment.

Insider Trade Summary

Grant/Award: 763 shares

Grant/Award 1 txn

Insider Karbowski Jeffrey William

Role Chief Accounting Officer

Type	Security	Shares	Price	Value
Grant/Award	Non-Qualified Stock Option (right to buy)	763	$0.00	$0.00

Holdings After Transaction: Non-Qualified Stock Option (right to buy) — 763 contracts (Direct)

Key Figures

Options granted: 763 options Exercise price: $95.55 per share Underlying shares: 763 shares +2 more

5 metrics

Options granted 763 options Non-qualified stock option grant to CAO

Exercise price $95.55 per share Strike price for 763 options

Underlying shares 763 shares Common stock underlying granted options

Expiration date April 1, 2036 Option term end for this grant

Total options after grant 763 options Total derivative holdings reported post-transaction

Key Terms

Non-Qualified Stock Option, exercise price, derivative securities, Form 4, +1 more

5 terms

Non-Qualified Stock Option financial

"security_title: "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: "95.5500""

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 securities financial

"transaction_type: "derivative""

Financial contracts whose value is tied to the price or performance of another asset, such as a stock, bond, commodity, index, or currency; examples include options, futures and swaps. They matter to investors because they let you protect against price swings, bet on future moves or gain larger exposure with less upfront cash—like using a lever or insurance policy on an investment—so they can amplify gains and losses and help manage portfolio 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.

grant, award, or other acquisition financial

"transaction_code_description: "Grant, award, or other acquisition""

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Netflix (NFLX) executive Jeffrey Karbowski report in this Form 4?

Jeffrey Karbowski, Netflix’s Chief Accounting Officer, reported receiving 763 non-qualified stock options. These options give him the right to buy 763 Netflix common shares at a fixed exercise price, reflecting a routine equity compensation grant rather than an open-market stock purchase or sale.

How many Netflix (NFLX) stock options were granted to the Chief Accounting Officer?

The Chief Accounting Officer received a grant of 763 non-qualified stock options. Each option corresponds to one share of Netflix common stock, creating potential future ownership of 763 shares if the options are exercised under the terms of the company’s equity plan.

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

The options granted to Jeffrey Karbowski have an exercise price of $95.55 per share. This means he can choose to buy Netflix common stock at $95.55 for each of the 763 underlying shares if and when he exercises the options before they expire.

When do the reported Netflix (NFLX) stock options for the CAO expire?

The reported non-qualified stock options expire on April 1, 2036. Until that expiration date, and subject to any vesting and plan conditions, Jeffrey Karbowski can elect to exercise these options to purchase Netflix common shares at the fixed $95.55 exercise price.

Does this Netflix (NFLX) Form 4 show the CAO buying or selling shares on the market?

The Form 4 shows a grant of 763 non-qualified stock options as compensation, not an open-market trade. There are no reported purchases or sales of Netflix common stock; the transaction direction is an acquisition of derivative securities via an award, coded as a grant.

How many Netflix (NFLX) options does the CAO hold after this transaction?

After this transaction, the filing states Jeffrey Karbowski holds 763 stock options. These derivative securities each relate to one share of Netflix common stock, representing his visible option position in this specific report, with no additional derivative holdings listed in the summary.

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

Form 4 Insider Transactions: What Each Field Means →

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

Add on Google Not now

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)
04/01/2026

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)	$95.55	04/01/2026		A		763		04/01/2026	04/01/2036	Common Stock	763	$0	763	D

Explanation of Responses:

Remarks:

	By: Veronique Bourdeau, Authorized Signatory For: Jeffrey Karbowski	04/02/2026
	** 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)