[Form 3] Klarna Group plc Initial Statement of Beneficial Ownership
Rhea-AI Filing Summary
Klarna Group plc filed an initial Form 3 for Chief Product Design Officer David Fock, outlining his equity interests in the company. The filing shows he directly holds 176,838 Klarna Group plc ordinary shares27,000 ordinary shares bought on March 9, 2026 in open‑market trades at $14.39 per share, for total consideration of $388,552.14.
In addition to ordinary shares, Fock holds several equity awards in Klarna subsidiaries that are ultimately convertible into Klarna Group plc ordinary shares. These include restricted stock units in Larkan AB, where approximately four Larkan shares convert into one Klarna share, and multiple Larkan SPV warrants that together cover 1,052,412, 1,078,224 and 363,720 underlying Klarna shares, vesting over multi‑year schedules. He also holds several Klarna option grants, exercisable at prices such as 374.25, 748.50 and 1,122.75 (value in SEK) per share, with expirations extending to 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Larkan AB Restricted Stock Units | -- | -- | -- |
| holding | Larkan SPV Warrants L4:1 | -- | -- | -- |
| holding | Larkan SPV Warrants L5:2 | -- | -- | -- |
| holding | Larkan SPV Warrants L10:2 | -- | -- | -- |
| holding | Klarna Group plc Options | -- | -- | -- |
| holding | Klarna Group plc Options | -- | -- | -- |
| holding | Klarna Group plc Options | -- | -- | -- |
| holding | Klarna Group plc Options | -- | -- | -- |
| holding | Klarna Group plc Ordinary Shares | -- | -- | -- |
Footnotes (1)
- Includes 27,000 Klarna Group plc ordinary shares (Shares) purchased on March 9, 2026 in open market transactions at a price per ordinary shares of $14.39 (rounded to cents) for an aggregate consideration of $388,552.14. 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 equal to the number of ordinary shares so reported. Represents 14,015 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 Share. Restricted Stock Units in Larkan vest quarterly, at a total vesting of 25% of the initial grant per year. Represents warrants to acquire 87,701 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 1,052,412 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. Value in SEK Represents warrants to acquire 89,852 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 1,078,224 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 30,310 shares of Larkan X AB, a direct subsidiary of the Issuer. Each underlying share of Larkan X AB is convertible into approximately twelve Shares based on a formula set forth in the applicable award agreement, resulting in 363,720 Shares being subject to the warrant, that is vesting annually in equal installments over a period of four years. Represents an option to acquire Shares that vest in four equal annual installments beginning on the first anniversary of the grant date.
