Kodiak Sciences (KOD) awards CEO Perlroth 100,000 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kodiak Sciences Inc. reported that Chairman, CEO and 10% owner Victor Perlroth received a grant of stock options covering 100,000.0000 shares of Common Stock at an exercise price of $42.4200 per share. These options expire on 2036-07-14 and vest monthly beginning after July 1, 2026, subject to his Continuous Service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
PERLROTH VICTOR
Role
Chairman and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 100,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 100,000 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Stock options granted: 100000.0000 shares
Exercise price: $42.4200 per share
Option expiration date: 2036-07-14
+3 more
6 metrics
Stock options granted
100000.0000 shares
Stock Option (Right to Buy) awarded to Victor Perlroth on 2026-07-15
Exercise price
$42.4200 per share
Conversion or exercise price for the reported stock option grant
Option expiration date
2036-07-14
Expiration date of the Stock Option (Right to Buy)
Total option shares after transaction
100000.0000
Total derivative shares held following the grant
Initial vesting fraction
1/48
Portion of shares that vest one month after July 1, 2026
Monthly vesting installments
47
Number of successive equal monthly installments after the initial vesting
Key Terms
Stock Option (Right to Buy), Continuous Service, 2018 Equity Incentive Plan, vesting
4 terms
Stock Option (Right to Buy) financial
"security_title shows "Stock Option (Right to Buy)" for the grant"
Continuous Service financial
"subject to the Reporting Person's Continuous Service as of each vesting date"
2018 Equity Incentive Plan financial
"Continuous Service (as defined in the 2018 Equity Incentive Plan)"
vesting financial
"shares vest one month after July 1, 2026; the balance of the shares vest"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Kodiak Sciences (KOD) report for Victor Perlroth?
Kodiak Sciences reported a stock option grant to Chairman and CEO Victor Perlroth for 100,000.0000 shares of Common Stock. The options have a $42.4200 exercise price and expire on 2036-07-14, providing long-term equity-based compensation.
What is the exercise price and expiration date of the new Kodiak Sciences (KOD) options?
The granted options carry an exercise price of $42.4200 per share and expire on 2036-07-14. This defines the price at which Perlroth may buy Kodiak Sciences Common Stock and the latest date by which the options must be exercised.
How do the Victor Perlroth stock options at Kodiak Sciences (KOD) vest?
The options vest over time: 1/48th of the shares vest one month after July 1, 2026, and the remaining shares vest in 47 successive equal monthly installments. Vesting is conditioned on Perlroth’s Continuous Service under the 2018 Equity Incentive Plan.
Under which plan were the new Kodiak Sciences (KOD) options for Victor Perlroth granted?
The vesting conditions reference the company’s 2018 Equity Incentive Plan. Continuous Service is defined under this plan, and Perlroth’s ongoing service with Kodiak Sciences must continue through each vesting date for the related option shares to vest.