Kodiak Sciences CFO John A. Borgeson Receives Equity Award

What Happened

• John A. Borgeson, Chief Financial Officer of Kodiak Sciences (KOD), received an equity award of 66,500 shares on July 15, 2026. The reported acquisition price is $0.00, indicating a compensation grant (derivative award), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-07-15; Report filed: 2026-07-17 (timely).
• Amount: 66,500 shares; Reported price: $0.00 (no cash paid).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Vesting: Per footnote — 1/48th vests one month after July 1, 2026; the remaining shares vest in 47 equal monthly installments thereafter, subject to continuous service under the 2018 Equity Incentive Plan.
• Transaction type code: A (award/grant); classified as a derivative in the filing.

Context

• This is a compensation-related equity grant to an executive. Such awards are typically intended for retention and alignment with shareholders and do not by themselves indicate the insider is buying or selling stock for investment reasons. The grant vests monthly over four years, meaning the economic benefit is realized over time as vesting occurs.