Kodiak AI (KDK) COO receives 417,362 RSUs, now holds 596,102 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Wiesinger Michael reported acquisition or exercise transactions in this Form 4 filing.
Kodiak AI, Inc. Chief Operating Officer Michael Wiesinger reported an equity compensation grant in the form of 417,362 restricted stock units (RSUs), each representing the right to receive one share of Common Stock at no purchase price. The RSUs vest over time: one-eighth of the total vests on the first Quarterly Vesting Date occurring on or after six months from the vesting commencement date, then one-sixteenth vests on each of the next fourteen Quarterly Vesting Dates (March 10, May 15, August 15, and November 15), as long as he continues as a service provider. Following this grant, he directly owns 596,102 shares of Kodiak AI Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wiesinger Michael
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 417,362 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 596,102 shares (Direct, null)
Footnotes (1)
- These securities are restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Common Stock One-eighth (1/8th) of the total number of RSUs subject to the Award will be scheduled to vest on the first Quarterly Vesting Date (as defined below) on or immediately following the date that is six (6) months following the Vesting Commencement Date (such first vesting date, the First Vesting Date), and thereafter, one-sixteenth (1/16th) of the total number of RSUs subject to the Award will be scheduled to vest on each of the next fourteen (14) consecutive Quarterly Vesting Dates that occur after the First Vesting Date, in each case subject to the Participant continuing to be a Service Provider through the applicable vesting date. Quarterly Vesting Dates means March 10, May 15, August 15, and November 15.
Key Figures
RSUs granted: 417,362 RSUs
Shares owned after grant: 596,102 shares
RSU grant price: $0.0000 per share
+2 more
5 metrics
RSUs granted
417,362 RSUs
Equity award to COO Michael Wiesinger
Shares owned after grant
596,102 shares
Direct Common Stock holdings post-transaction
RSU grant price
$0.0000 per share
Reported transaction price per share for RSUs
Initial vesting fraction
1/8 of RSUs
Vests on first Quarterly Vesting Date after six months
Subsequent vesting fraction
1/16 of RSUs
Vests on each of the next 14 Quarterly Vesting Dates
Key Terms
restricted stock units ("RSUs"), Quarterly Vesting Dates, Vesting Commencement Date, Service Provider
4 terms
restricted stock units ("RSUs") financial
"These securities are restricted stock units ("RSUs"). Each RSU represents"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Quarterly Vesting Dates financial
"Quarterly Vesting Dates means March 10, May 15, August 15, and November 15."
Vesting Commencement Date financial
"following the date that is six (6) months following the Vesting Commencement Date"
The vesting commencement date is the starting point when an employee begins earning ownership rights to their promised benefits, such as stock options or retirement contributions. Think of it like the day a savings account is opened—only after this date do the benefits start to grow and become fully available over time. It matters to investors because it marks when the clock begins ticking toward full ownership, affecting the timing and value of these benefits.
Service Provider financial
"subject to the Participant continuing to be a Service Provider through the applicable vesting date."
FAQ
What insider transaction did Kodiak AI (KDK) report for Michael Wiesinger?
Kodiak AI reported that Chief Operating Officer Michael Wiesinger received a grant of 417,362 restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Common Stock as part of his equity compensation package.
How do the newly granted RSUs for Kodiak AI (KDK) COO vest over time?
One-eighth of the RSUs is scheduled to vest on the first Quarterly Vesting Date on or after six months from the vesting commencement date. Then one-sixteenth vests on each of the next fourteen Quarterly Vesting Dates, assuming he remains a service provider.
What are the Quarterly Vesting Dates for Kodiak AI (KDK) COO’s RSU award?
The Quarterly Vesting Dates for Michael Wiesinger’s RSU award are March 10, May 15, August 15, and November 15. Portions of the 417,362 RSUs vest on these dates over multiple periods, subject to his continued service with Kodiak AI.