Coleman Jordan S. 4
Research Summary
AI-generated summary
Kodiak AI (KDK) Chief Legal & Policy Officer Jordan S. Coleman Receives RSU Award
What Happened
- Jordan S. Coleman, Kodiak AI's Chief Legal and Policy Officer, received an award of 292,153 restricted stock units (RSUs) on 2026-07-01. The RSUs were reported at $0.00 per share at grant (transaction code A), meaning no cash was paid; these RSUs are contingent rights to receive common stock upon vesting.
Key Details
- Transaction date and price: 2026-07-01; 292,153 RSUs @ $0.00.
- Filing date: 2026-07-02 (filed next day), so the Form 4 appears timely.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes: F1 confirms these are RSUs (each convertible to one share when vested). F2 describes the vesting schedule: 1/8 of the RSUs vest on the first Quarterly Vesting Date on or after six months after the Vesting Commencement Date, then 1/16 of the total vests on each of the next 14 quarterly dates (quarterly dates listed as March 10, May 15, August 15, November 15), all subject to continued service.
- No 10b5-1 plan, tax-withholding sale, or immediate sale indicated in the filing.
Context
- RSUs are compensation grants that convert into shares only as they vest; they do not represent immediately tradable shares. Such awards are common for executive compensation and should be viewed as part of pay, not a direct market buy or sell. The economic value to the insider will depend on Kodiak AI's share price at each vesting date.