Fock David 4

What Happened

• David Fock, Klarna's Chief Product & Design Officer, exercised or converted a derivative instrument on 2026-04-13 to acquire 70 shares of Klarna. The Form 4 lists the transaction code M (exercise/conversion) and shows the price as N/A, so no purchase price or total dollar value is reported in the filing.
• The filing (accession 0002099112-26-000004) was submitted on 2026-04-16 and reports the April 13 transaction. There is no sale reported in the same filing, so these appear to be shares acquired rather than sold.

Key Details

• Transaction date: 2026-04-13; Filing date: 2026-04-16
• Transaction type: M = Exercise or conversion of derivative (acquired 70 shares)
• Price per share: N/A (no purchase price or aggregate value reported)
• Shares owned after transaction: Not reported in the provided data
• Footnotes: F1 — Not Applicable
• No indication in the supplied data of a 10b5-1 plan, tax withholding, or a simultaneous sale

Context

• An "M" code means an option or other derivative was exercised or converted into common shares. When price is listed as N/A, that can occur with certain conversions or net-share settlements; the filing here does not specify which method was used.
• Because no sale is reported, this transaction is an acquisition of shares — purchases/acquisitions often draw more attention from retail investors than routine sales, but the absence of price and post-transaction holdings limits interpretation.
• This summary is factual and based solely on the provided Form 4 details; it does not speculate on the insider’s motives.