Kardigan (KARD) CFO discloses two major stock option awards in Form 3
Rhea-AI Filing Summary
Kardigan, Inc. reported initial insider holdings for Chief Financial Officer Jahn Brianne. The Form 3 shows two stock option awards over Kardigan common stock held directly. One option covers 191,136 underlying shares at an exercise price of $14.71 per share, expiring on February 10, 2036. Another option covers 337,285 underlying shares at an exercise price of $8.00 per share, expiring on April 6, 2035. Footnotes state that 25% of each option vests on November 18, 2025 and February 9, 2027, respectively, with the remaining 75% vesting in 36 equal monthly installments, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Jahn Brianne
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Stock Option (right to buy) | -- | -- | -- |
Holdings After Transaction:
Stock Option (right to buy) — 528,421 shares (Direct)
Footnotes (2)
- F1. 25% of the shares subject to this option shall vest and become exercisable on November 18, 2025 with the remainder vesting in thirty-six (36) equal monthly installments thereafter, subject to the Reporting Person's continued service on each such vesting date.
- F2. 25% of the shares subject to this option shall vest and become exercisable on February 9, 2027 with the remainder vesting in thirty-six (36) equal monthly installments thereafter, subject to the Reporting Person's continued service on each such vesting date.
Key Figures
Option underlying shares: 191,136 shares
Option exercise price: $14.71/share
Option underlying shares: 337,285 shares
+3 more
6 metrics
Option underlying shares
191,136 shares
Underlying common stock for option at $14.71 exercise price
Option exercise price
$14.71/share
Stock option (right to buy) expiring February 10, 2036
Option underlying shares
337,285 shares
Underlying common stock for option at $8.00 exercise price
Option exercise price
$8.00/share
Stock option (right to buy) expiring April 6, 2035
Initial vesting date (first option)
November 18, 2025
25% vests; remainder monthly over 36 months
Initial vesting date (second option)
February 9, 2027
25% vests; remainder monthly over 36 months
Key Terms
Stock Option (right to buy), underlying security, vesting, Chief Financial Officer
4 terms
Stock Option (right to buy) financial
"The Form 3 lists two holdings of "Stock Option (right to buy)" over common stock."
underlying security financial
"Each option references an underlying security title of common stock and underlying shares."
vesting financial
"25% of the shares subject to each option shall vest and become exercisable on specified dates."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Chief Financial Officer financial
"Jahn Brianne serves as Chief Financial Officer of Kardigan, Inc."
A Chief Financial Officer (CFO) is the person in charge of a company's money and financial planning. They decide how to spend, save, and invest funds to help the company grow and stay stable. Their role is important because good financial decisions keep the company healthy and successful.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does Kardigan (KARD) disclose in Jahn Brianne’s Form 3 filing?
The Form 3 shows Chief Financial Officer Jahn Brianne’s existing stock option holdings in Kardigan. It lists two option positions over common stock, including their exercise prices, expiration dates, and the number of underlying shares tied to each award.
What are the exercise prices and expirations of Jahn Brianne’s Kardigan (KARD) options?
One option has a $14.71 per share exercise price and expires on February 10, 2036. The other has an $8.00 per share exercise price and expires on April 6, 2035, defining when each award can be exercised.
How do Jahn Brianne’s Kardigan (KARD) stock options vest over time?
For each option, 25% of the shares vest on a set date, then the remaining 75% vest in 36 monthly installments. One award’s initial vesting date is November 18, 2025, and the other’s is February 9, 2027, contingent on continued service.
Does Jahn Brianne’s Form 3 for Kardigan (KARD) show any recent stock purchases or sales?
The Form 3 identifies existing stock option holdings rather than new market transactions. The entries are categorized as holdings, with unknown transaction codes, and the transaction summary shows no recorded buys, sells, gifts, or exercises in this filing.