KalVista Pharmaceuticals (KALV) grants CEO 325,000 RSUs

Rhea-AI Filing Summary

KalVista Pharmaceuticals, Inc. reported that its Chief Executive Officer and director, Benjamin L. Palleiko, received a grant of 325,000 restricted stock units (RSUs) on January 16, 2026. Each RSU represents a contingent right to receive one share of KalVista common stock for no cash consideration when the units settle.

According to the vesting terms, 1/16 of the RSUs will vest on each quarterly anniversary of the vesting commencement date, starting on May 22, 2026, as long as his service with the company does not terminate. Following this award, Palleiko directly holds 325,000 derivative securities in the form of RSUs.

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).

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^*

Palleiko Benjamin L

(Last) (First) (Middle)

C/O KALVISTA PHARMACEUTICALS, INC.

200 CROSSING BOULEVARD

(Street)

FRAMINGHAM MA 01702

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
KalVista Pharmaceuticals, Inc. [ KALV ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CHIEF EXECUTIVE OFFICER

3. Date of Earliest Transaction (Month/Day/Year)
01/16/2026

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
Restricted Stock Unit	(1)	01/16/2026		A		325,000		(2)	(2)	Common Stock	325,000	$0	325,000	D

Explanation of Responses:

1. Each restricted stock unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Common Stock upon settlement for no consideration.

2. 1/16th of the total number of shares subject to the RSU shall vest on each quarterly anniversary of the Vesting Commencement Date commencing on May 22, 2026, for so long as grantee's Service (as defined in the Plan) does not terminate.

	/s/ Benjamin L. Palleiko	01/21/2026
	** 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.
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FAQ

What insider transaction did KalVista (KALV) report for its CEO?

KalVista reported that its Chief Executive Officer and director, Benjamin L. Palleiko, received an award of 325,000 restricted stock units (RSUs) on January 16, 2026.

How many RSUs were granted to the KalVista (KALV) CEO and at what price?

Benjamin L. Palleiko was granted 325,000 RSUs, each with an exercise or settlement price of $0, representing the right to receive one share of KalVista common stock for no consideration upon settlement.

What are the vesting terms of the 325,000 RSUs at KalVista (KALV)?

The filing states that 1/16 of the total RSUs vests on each quarterly anniversary of the vesting commencement date, starting on May 22, 2026, provided the grantee’s service does not terminate.

How many derivative securities does the KalVista (KALV) CEO hold after this transaction?

After the reported transaction, Benjamin L. Palleiko beneficially owns 325,000 derivative securities, all in the form of RSUs, held with direct ownership.

Does each KalVista (KALV) RSU convert into one share of common stock?

Yes. The filing explains that each RSU represents a contingent right to receive 1 share of KalVista’s common stock upon settlement for no consideration.

What roles does Benjamin L. Palleiko hold at KalVista (KALV)?

The filing identifies Benjamin L. Palleiko as both a Director and an Officer, serving as the company’s Chief Executive Officer.