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Kodiak AI, Inc.·4

Jul 2, 4:41 PM ET

Datta Surajit 4

Research Summary

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Kodiak AI (KDK) CFO Surajit Datta Receives RSU Awards

What Happened

  • Surajit Datta, CFO of Kodiak AI (KDK), received two restricted stock unit (RSU) awards on July 1, 2026: 563,063 RSUs and 417,362 RSUs (total 980,425 RSUs), each recorded at $0.00 (no cash paid at grant). The same filing reports a disposition to the issuer of 2,035,915 derivative securities (listed as a derivative disposition; no cash value reported).
  • The filing’s footnotes state that RSUs represent a contingent right to receive one share of common stock (F1). Footnote F5 explains that, on July 1, 2026, certain previously held options were cancelled by the issuer and, in at least one case, exchanged for the 563,063 RSUs reported in Table I.

Key Details

  • Transaction date: July 1, 2026; Form 4 filed July 2, 2026 (appears timely).
  • Grants: 563,063 RSUs @ $0.00 and 417,362 RSUs @ $0.00 (total 980,425 RSUs).
  • Disposition: 2,035,915 derivative securities disposed to issuer (no price/value reported).
  • Vesting: One award follows a vesting schedule of 1/4 after ~1 year then 1/16 each quarter thereafter (Quarterly Vesting Dates: Mar 10, May 15, Aug 15, Nov 15) (F2). The other award vests 1/8 after ~6 months then 1/16 each quarter for the next 14 quarters (F3).
  • Footnote F5 confirms cancellation of options and at least partial exchange into RSUs; the filing does not show a cash sale or open-market transaction.
  • Shares owned after the transactions are not disclosed in the provided excerpt.

Context

  • These are awards (A) of RSUs, not open-market purchases or sales — RSUs are typically subject to service and vesting conditions and do not represent immediately tradable shares until vested and settled.
  • The reported disposition of derivative securities to the issuer indicates cancellation or surrender of previously held derivative instruments (e.g., options), per footnote F5; this is not the same as a market sale for cash.
  • For retail investors, grants signal company compensation decisions and retention incentives; they are not direct indicators of buying or selling for immediate profit.