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Klarna (KLAR) CEO receives 1,628,701 option grant tied to Class C Shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Klarna Group plc granted Chief Executive Officer Sebastian Siemiatkowski 1,628,701 Klarna Group plc options on March 30, 2026 as a compensation award. Each option relates to one Klarna Group plc Class C Share with an exercise price of $6.52 per Class C share.

The options become exercisable on June 30, 2026 and expire on September 30, 2030. Following this grant, Siemiatkowski holds 22,075,609 Klarna Group plc options. Each Class C Share carries ten votes and is convertible into one-half of an ordinary share plus a deferred share with no economic value.

Positive

  • None.

Negative

  • None.
Insider Siemiatkowski Sebastian
Role Chief Executive Officer
Type Security Shares Price Value
Grant/Award Klarna Group plc Options 1,628,701 $0.00 --
Holdings After Transaction: Klarna Group plc Options — 22,075,609 shares (Direct)
Footnotes (1)
  1. Exercise price represents a per Klarna Group plc ordinary share exercise price of USD 13.04 Each Klarna Group plc Class C Share (Class C Share) is entitled to ten votes, is convertible into one-half of a Klarna Group plc ordinary share (and one deferred share that has no economic value). Not applicable
Options granted 1,628,701 options Grant to CEO on March 30, 2026
Exercise price per Class C Share $6.52/share Option exercise price for Class C Shares
Ordinary share equivalent price $13.04/share Per ordinary share equivalent noted in footnote
Options held after grant 22,075,609 options Total CEO Klarna Group plc options following transaction
Voting rights per Class C Share 10 votes Each Class C Share associated with the options
Conversion ratio 0.5 ordinary share Each Class C Share converts into one-half ordinary share
Option exercise date June 30, 2026 First exercisability date of granted options
Option expiration date September 30, 2030 Expiration of granted options
Klarna Group plc Options financial
"security_title: Klarna Group plc Options"
Class C Share financial
"Each Klarna Group plc Class C Share (Class C Share) is entitled to ten votes"
exercise price financial
"Exercise price represents a per Klarna Group plc ordinary share exercise price of USD 13.04"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
SEC Form 4
FORM 4UNITED 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
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
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*
Siemiatkowski Sebastian

(Last)(First)(Middle)
10 YORK ROAD

(Street)
LONDONSE1 7ND

(City)(State)(Zip)

UNITED KINGDOM

(Country)
2. Issuer Name and Ticker or Trading Symbol
Klarna Group plc [ KLAR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/30/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Klarna Group plc Options$6.52(1)03/30/2026A1,628,701(2)06/30/202609/30/2030Klarna Group plc Class C Shares1,628,701(3)22,075,609D
Explanation of Responses:
1. Exercise price represents a per Klarna Group plc ordinary share exercise price of USD 13.04
2. Each Klarna Group plc Class C Share (Class C Share) is entitled to ten votes, is convertible into one-half of a Klarna Group plc ordinary share (and one deferred share that has no economic value).
3. Not applicable
Boudien Moerman, as attorney-in-fact04/15/2026
** Signature of Reporting PersonDate
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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Klarna (KLAR) CEO Sebastian Siemiatkowski receive in this Form 4 filing?

Sebastian Siemiatkowski received a grant of 1,628,701 Klarna Group plc options. These options are part of his compensation and give him the right to acquire Class C Shares at a fixed exercise price in the future, subject to the stated terms.

What is the exercise price of the options granted to Klarna (KLAR) CEO?

The options have an exercise price of $6.52 per Klarna Group plc Class C Share. A related footnote states this corresponds to $13.04 per ordinary share, reflecting that each Class C Share converts into one-half of an ordinary share plus a non-economic deferred share.

When can the Klarna (KLAR) CEO’s new options be exercised and when do they expire?

The granted options become exercisable on June 30, 2026 and expire on September 30, 2030. This gives the CEO a defined window of several years to decide if and when to convert the options into Class C Shares under the specified terms.

How many Klarna (KLAR) options does the CEO hold after this grant?

After this grant, Sebastian Siemiatkowski holds 22,075,609 Klarna Group plc options in total. This figure reflects his direct derivative holdings reported in the filing, showing his substantial long-term incentive exposure linked to the company’s equity performance.

What rights do Klarna (KLAR) Class C Shares associated with these options provide?

Each Klarna Group plc Class C Share carries ten votes and is convertible into one-half of an ordinary share plus one deferred share. The deferred share has no economic value, so the key economic exposure relates to the ordinary share equivalent created upon conversion.

Is this Klarna (KLAR) Form 4 transaction an open-market purchase or a compensation award?

The transaction is a compensation-related grant or award of options, not an open-market purchase. The Form 4 classifies it with code A as a grant, meaning the CEO did not buy shares in the market but received options directly from the company.