Hoffmeister David F 4

What Happened

• David F. Hoffmeister, a director of Glaukos Corp (GKOS), exercised options to acquire 15,000 shares on 2026-05-26 at an exercise price of $24.69 per share, representing $370,350. The Form 4 also reports a simultaneous disposition of 15,000 shares (both entries use transaction code M for exercise/conversion of a derivative).
• Because the filing shows the same number of shares acquired and disposed, the transaction appears to result in no net increase in shares held by Hoffmeister.

Key Details

• Transaction date: 2026-05-26; Filing date (Accession): 2026-05-28 (filed within the standard Form 4 window).
• Price and value: 15,000 shares at $24.69 each; total $370,350.
• Shares owned after transaction: Not specified in the provided summary of the filing.
• Footnotes: F1 notes the reporting person has 2,861 restricted stock units (some unvested or delivery deferred). F2 states the option exercised was granted June 2, 2016 and fully vested on its first anniversary.
• Transaction code: M = exercise or conversion of a derivative/security; the filing records both acquisition and disposition under this code.

Context

• An "M" entry indicates an option exercise or similar conversion. When a Form 4 shows both acquisition and immediate disposition of the same shares, it commonly reflects a cashless exercise, sale-to-cover, or other immediate disposition, but the filing itself does not state the specific method.
• These options were long vested (per F2), so this appears to be a routine exercise/disposition by a director rather than a new grant.