PERLROTH VICTOR 4

What Happened Victor Perlroth, listed as a 10% owner of Kodiak Sciences (KOD), received a grant of 100,000 derivative shares (reported as an "A" — award/acquisition) on 2026-07-15 at an acquisition price of $0.00. This is a compensation-style award (likely restricted stock or RSUs) rather than an open-market purchase or sale; there was no cash paid at grant.

Key Details

• Transaction date: 2026-07-15; Form 4 filed: 2026-07-17 (timely — within the usual two-business-day window).
• Security: 100,000 derivative shares granted at $0.00 per share (report lists code A).
• Vesting: 1/48th vests one month after July 1, 2026 (effectively Aug 1, 2026); the remaining shares vest in 47 equal monthly installments thereafter, subject to continuous service under the 2018 Equity Incentive Plan (footnote F1).
• Shares owned after transaction: not specified in the provided filing.
• No 10b5-1 plan, tax-withholding, or sale reported in this filing.

Context This was a time‑vesting equity award, not a market purchase or sale. Such awards are common as compensation and lock in future transferability through vesting; they do not signal an immediate buy or sell. Because Perlroth is a 10% owner, the filing reflects a significant shareholder receiving a compensation-style award rather than routine open-market insider trading.