[Form 4] Kodiak Sciences Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kodiak Sciences Inc. director Richard S. Levy received a stock option grant covering 17,731 shares of common stock. The option has an exercise price of $38.96 per share and expires on June 29, 2036. Following this grant, he holds options for 17,731 shares directly.
All 17,731 option shares will vest in a single tranche on the earlier of June 30, 2027 or one day before Kodiak Sciences’ next annual shareholder meeting after the grant date, provided Levy continues to serve on the board of directors through the applicable vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Levy Richard S
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 17,731 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 17,731 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 17,731 shares
Exercise price: $38.96 per share
Expiration date: June 29, 2036
+2 more
5 metrics
Option grant size
17,731 shares
Stock Option (Right to Buy) granted to director
Exercise price
$38.96 per share
Exercise price of granted stock options
Expiration date
June 29, 2036
Option expiration date
Post-grant option holdings
17,731 shares
Total derivative shares following transaction
Vesting date trigger
June 30, 2027
Earlier of this date or day before next annual meeting
Key Terms
Stock Option (Right to Buy), exercise price, vesting, annual meeting, +1 more
5 terms
Stock Option (Right to Buy) financial
"security_title: "Stock Option (Right to Buy)""
exercise price financial
"conversion_or_exercise_price: "38.9600""
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.
vesting financial
"shares subject to the option shall vest upon the earlier of June 30, 2027"
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.
annual meeting financial
"one (1) day prior to the Issuer's next annual meeting occurring after the grant date"
A company's annual meeting is a yearly gathering where owners (shareholders) and the board review performance, ask questions, and vote on key matters like electing directors, approving auditor choices, and sometimes setting pay or dividend policies. For investors it matters because decisions made and votes cast can change who runs the company, influence strategy and payouts, and affect the value or direction of their investment—similar to a homeowners’ meeting where rules and leaders that shape your property’s value are decided.
board of directors financial
"provided the Reporting Person continues to serve as a member of the Issuer's board of directors"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.