Klarna Board Chair Michael Moritz Acquires 3.47 Million Shares for $50 Million

Key Terms

form 3 regulatory

Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.

rule 10b5-1 trading plan regulatory

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

edgar regulatory

EDGAR is a system used by companies to share important financial and business information with the public. It functions like an online filing cabinet where investors can access official reports and documents that help them understand a company's financial health and operations. This transparency allows investors to make more informed decisions, much like checking a company's report card before investing.

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NEW YORK--(BUSINESS WIRE)-- Klarna Group plc (NYSE: KLAR) today discloses the following transactions by the Chair of its Board of Directors and Chief Product & Design Officer, filed with the U.S. Securities and Exchange Commission on Form 3.

Share Purchases

Michael Moritz, Chairman, through an associated entity, purchased 3,472,845 ordinary shares between March 3 and March 11, 2026, at an aggregate consideration of $49,913,138.73.

David Fock, Chief Product & Design Officer, purchased 27,000 ordinary shares on March 9, 2026, for an aggregate consideration of $388,552.14.

Share Sales

David Sandström, Chief Marketing Officer, sold 32,703 shares on March 9, 2026, pursuant to a Rule 10b5-1 trading plan, established in 2025.

David Sykes, Chief Commercial Officer, sold 23,799 shares on March 13, 2026, pursuant to a separately established Rule 10b5-1 trading plan, established in 2025.

Form 3 filings for all transactions are available on the SEC's EDGAR database at www.sec.gov.

Forward-Looking Statements

This press release contains factual descriptions of disclosed securities transactions. It does not constitute a profit forecast or guidance of any kind. Investors should review the risk factors in Klarna's filings with the SEC for a complete discussion of risks.

About Klarna

Klarna is a global digital bank and flexible payments provider. With over 118 million global active users and 3.4 million transactions per day, Klarna's AI-powered payments and commerce network is empowering people to pay smarter. More than 966,000 retailers trust Klarna's innovative solutions, including Uber, H&M, Saks, Sephora, Macy's, IKEA, Expedia Group, Nike and Airbnb. Klarna is listed on the New York Stock Exchange (NYSE: KLAR). For more information, visit Klarna.com.

Category: Investor News

View source version on businesswire.com: https://www.businesswire.com/news/home/20260313983414/en/

Media contact: press@klarna.com

Source: Klarna Group plc