Popovits Kimberly J 4

What Happened

• Kimberly J. Popovits, a director of Kardigan, Inc. (KARD), received a grant of 20,706 restricted stock units (RSUs) on June 17, 2026. The filing reports an acquisition price of $0.00 for the RSUs (transaction code A — award/grant). The RSUs are a contingent right to receive one share of common stock upon settlement; no immediate cash was paid.

Key Details

• Transaction date: 2026-06-17; Form 4 filed: 2026-06-22 (filed 5 days after the transaction; later than the typical two-business-day Form 4 deadline).
• Amount: 20,706 RSUs reported at $0.00 per unit.
• Vesting: RSUs vest in full on June 17, 2028, subject to the reporting person's continuous service (per filing footnote).
• Shares owned after transaction: Not disclosed in this Form 4.
• Transaction code: A (award/grant).
• Footnote: Each RSU represents a contingent right to one share upon settlement; vesting condition noted above.

Context

• RSU grants are compensation awards, not open-market purchases or sales; they do not require immediate cash and their value depends on the company’s share price at settlement.
• This is a grant to a director and should be viewed as compensation-related rather than a direct bullish or bearish trading signal. The late filing may affect timely transparency for investors.