STOCK TITAN

Kodiak Sciences (KOD) director receives grant of 17,731 stock options

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

Rhea-AI Filing Summary

Kodiak Sciences Inc. director Yang Taiyin received a new stock option grant as part of equity compensation. The award covers 17,731 stock options for common stock at an exercise price of $38.96 per share, with no cash paid at grant.

All 17,731 options 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 Yang continues serving on the board through the applicable vesting date. Following this grant, Yang holds 17,731 stock options directly.

Positive

  • None.

Negative

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Insider Yang Taiyin
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)
  1. [object Object]
Options granted 17,731 options Stock Option (Right to Buy) grant to director Yang Taiyin
Exercise price $38.96 per share Exercise price for underlying Kodiak Sciences common stock
Underlying shares 17,731 shares Common stock underlying the stock option award
Post-grant options held 17,731 options Total derivative securities following the reported transaction
Option expiration June 29, 2036 Expiration date of the stock option award
Vesting date reference June 30, 2027 Latest vesting date, or one day before next annual meeting
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.
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Learn about SEC filing dates
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*
Yang Taiyin

(Last)(First)(Middle)
1250 PAGE MILL ROAD

(Street)
PALO ALTO CALIFORNIA 94304

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Kodiak Sciences Inc. [ KOD ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026
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
Stock Option (Right to Buy)$38.9606/30/2026A17,731 (1)06/29/2036Common Stock17,731$017,731D
Explanation of Responses:
1. One hundred percent (100%) of the shares subject to the option shall vest upon the earlier of June 30, 2027 or one (1) day prior to the Issuer's next annual meeting occurring after the grant date, in each case, provided the Reporting Person continues to serve as a member of the Issuer's board of directors through the applicable vesting date.
/s/ David Peinsipp, Attorney-in-Fact for Taiyin Yang07/02/2026
** 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 insider transaction did Kodiak Sciences (KOD) report for director Yang Taiyin?

Kodiak Sciences reported a stock option grant to director Yang Taiyin. He received 17,731 options to buy common shares at $38.96 each, representing a compensation award rather than an open-market share purchase or sale, according to the Form 4 disclosure and related footnote.

How many Kodiak Sciences (KOD) stock options were granted to Yang Taiyin and at what price?

Yang Taiyin was granted 17,731 stock options for Kodiak Sciences common stock. The options have an exercise price of $38.96 per share, meaning he can purchase shares at that price once the options are vested and exercised, subject to the award’s terms and continued board service.

When do Yang Taiyin’s Kodiak Sciences (KOD) stock options vest?

All of Yang Taiyin’s 17,731 Kodiak Sciences stock options vest in a single installment. Vesting occurs on the earlier of June 30, 2027, or one day before the company’s next annual meeting after the grant date, assuming he remains on the board through that vesting date.

Is Yang Taiyin’s Kodiak Sciences (KOD) Form 4 transaction a stock sale or purchase?

The Form 4 shows a stock option grant, not a market trade. Yang Taiyin acquired 17,731 options with a $38.96 exercise price as compensation, and no open-market buying or selling of Kodiak Sciences common shares is reported in this filing for the transaction date.

What is the expiration date of Yang Taiyin’s Kodiak Sciences (KOD) stock options?

The granted stock options to Yang Taiyin expire on June 29, 2036. After that date, any unexercised options become invalid. The long-dated term gives him a substantial window to exercise the 17,731 options once they vest and if exercising is otherwise permitted.