Klarna Group plc (KLAR) CMO discloses shares, options and warrants
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Klarna Group plc Chief Marketing Officer David Sandstrom filed an initial ownership report showing he holds 156,682 ordinary shares directly, along with several equity-based awards linked to Klarna Group plc ordinary shares.
He reports warrants tied to 101,640 and 928,596 underlying ordinary shares, stock options linked to 391,968 and 871,344 underlying ordinary shares with exercise prices stated in SEK, and previously granted Larkan AB restricted stock units that currently correspond to zero underlying Klarna shares. Footnotes also note additional Class B shares with 10 votes per share that are not transferable and not convertible into ordinary shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Sandstrom David
Role
Chief Marketing Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Larkan AB Restricted Stock Units | -- | -- | -- |
| holding | Larkan SPV Warrants L4:1 | -- | -- | -- |
| holding | Larkan SPV Warrant L5:1 | -- | -- | -- |
| holding | Klarna Group plc Options | -- | -- | -- |
| holding | Klarna Group plc Options | -- | -- | -- |
| holding | Klarna Group plc Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Larkan AB Restricted Stock Units — 0 shares (Direct);
Larkan SPV Warrants L4:1 — 928,596 shares (Direct);
Larkan SPV Warrant L5:1 — 101,640 shares (Direct);
Klarna Group plc Options — 391,968 shares (Direct);
Klarna Group plc Ordinary Shares — 156,682 shares (Direct)
Footnotes (1)
- In addition to the ordinary shares reported in this Form 3, the reporting person beneficially owns a number of the Klarna Group plcs (the Issuer) Class B shares. Each Class B share is entitled to 10 votes per share. Class B shares are not transferable and are not exchangeable for or convertible into ordinary shares. Represents 75,336 restricted stock units in Larkan AB (Larkan), an indirect subsidiary of Klarna Group plc (the Issuer). Once shares of Larkan are delivered in settlement of the restricted stock units, approximately four shares of Larkan are convertible into one Klarna Group plc ordinary share (Shares). Restricted Stock Units in Larkan vest quarterly, at a total vesting of 25% of the initial grant per year. Represents warrants to acquire 77,383 shares of Larkan IV AB, a direct subsidiary of the Issuer. Each underlying share of Larkan IV AB is convertible into approximately twelve Shares based on a formula set forth in the applicable award agreement, resulting in 928,596 Shares being subject to the warrant, that is vesting annually by 20% for a period of four years with an additional 20% vesting on August 27, 2027. Represents warrants to acquire 8,470 shares of Larkan V AB, a direct subsidiary of the Issuer. Each underlying share of Larkan V AB is convertible into approximately twelve Shares based on a formula set forth in the applicable award agreement, resulting in 101,640 Shares being subject to the warrant, that is vesting annually by 20% for a period of four years with an additional 20% vesting on August 27, 2027. Represents an option to acquire Shares that vest in four equal annual installments beginning on the first anniversary of the grant date. This is in SEK.
FAQ
What does Klarna (KLAR) Chief Marketing Officer David Sandstrom report in this Form 3?
David Sandstrom reports his initial ownership in Klarna Group plc, including 156,682 ordinary shares plus multiple warrants and stock options over Klarna ordinary shares. The filing outlines each award’s underlying share count, exercise price in SEK, and key vesting or expiration terms.
Are there buy or sell transactions reported for Klarna (KLAR) in this Form 3?
No buy or sell transactions are reported. The Form 3 shows Sandstrom’s existing holdings and derivative positions as of the reporting date, rather than new purchases or sales, with transaction codes marked as holdings and direction fields remaining unknown or neutral.