Meeker David P 4

What Happened
David P. Meeker, a director of Kardigan, Inc. (KARD), was granted 20,706 restricted stock units (RSUs) on June 17, 2026. The grant is reported at $0.00 per unit (total reported acquisition value $0). This is an award/compensation grant (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-17; Filing date: 2026-06-22 (filed 5 days after the transaction). Note: Form 4s are generally required within 2 business days, so this filing appears later than typical.
• Securities granted: 20,706 RSUs at $0.00 per unit (total $0 reported).
• Shares owned after transaction: not specified in the filing.
• Footnote: Each RSU is a contingent right to receive one share upon settlement; the RSUs vest in full on June 17, 2028, subject to Meeker’s continuous service as of that date.
• No 10b5-1 plan, tax-withholding sale, or immediate sale of shares was reported.

Context
RSUs are a form of compensation — they do not convey current tradable shares until they vest and are settled. This grant signals compensation alignment rather than an immediate market bet by the insider. Because vesting is contingent on continued service through June 17, 2028, these units will only convert to stock if Meeker remains with the company through that date.