4Filed Aug 19, 8:00 PM ET
GLAUKOS (GKOS) Director Gilbert Kliman Exercises Options, Sells 2,500 Shares
$GKOS · GLAUKOS CorpResearch Summary
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GLAUKOS (GKOS) Director Gilbert Kliman Exercises Options, Sells 2,500 Shares
What Happened
Gilbert H. Kliman, a director of GLAUKOS Corp (GKOS), exercised options to acquire 2,500 shares at an exercise price of $25.77 per share (total cost $64,425) on August 19, 2026. On the same day he sold 2,500 shares in an open-market transaction at $190.00 per share, receiving $475,000. The filing also reports a separate derivative disposition of 2,500 shares at $0.00; the form does not elaborate on the nature of that $0.00 disposition.
Key Details
- Transaction date: 2026-08-19 (filed 2026-08-20). Filing appears timely.
- Exercise: 2,500 shares at $25.77 each — $64,425 total. (Transaction code M)
- Sale: 2,500 shares at $190.00 each — $475,000 total. (Transaction code S)
- Derivative disposition: 2,500 shares reported disposed at $0.00 (transaction code M); filing gives no further explanation.
- Shares owned after transaction: not specified in the filing.
- Footnote: filing notes it “includes 2,501 restricted stock units that have not vested or been delivered,” and RSUs that have vested but whose delivery has been deferred.
Context
- This sequence (exercise followed by same-day sale) is consistent with a cashless-like outcome: the insider exercised options and then sold shares. Such transactions are often routine liquidity events rather than an explicit signal about company prospects.
- Derivative entries and $0.00 dispositions can reflect conversions, withholding, or administrative transfers; the filing here does not specify the reason.