Fock David 4
4 · Klarna Group plc · Filed Jun 30, 2026
Research Summary
AI-generated summary of this filing
Klarna CPO David Fock Exercises Options, Receives Award
What Happened
David Fock, Klarna Group plc’s Chief Product & Design Officer, reported two acquisitions: he exercised or converted derivative awards for 69 shares on 2026-05-06 (transaction code M) and was granted 84,034 derivative shares on 2026-06-01 (transaction code A). The filing lists no dollar prices or total values for these items; footnotes indicate these are option/derivative transactions, so a monetary value is not provided in the Form 4.
Key Details
- Transactions: 2026-05-06 — 69 shares (exercise/conversion, code M); 2026-06-01 — 84,034 shares (grant/award, derivative, code A).
- Price/Value: Not reported / not applicable (footnote says value not applicable as these are options).
- Shares owned after transaction: Not specified in the provided excerpt of the filing.
- Footnotes: F1 = Not Applicable; F2 = Value is not applicable as these are options.
- Filing timeliness: Form filed 2026-06-30 for transactions on 2026-05-06 and 2026-06-01 — this appears late relative to the usual two-business-day Form 4 requirement, which delays public disclosure.
Context
Both entries are acquisitions via derivatives: the first is an exercise/conversion of an award (i.e., converting options/derivatives into 69 shares) and the second is a grant of derivative awards (84,034). The filing does not show any immediate sale or cashless exercise of these shares, nor details such as withholding for taxes. These kinds of derivative exercises/grants are common for executives; they represent acquisitions (not sales) but do not by themselves indicate the insider’s market view.
Insider Transaction Report
- Exercise/Conversion
Klarna Group plc Ordinary Shares
[F1]2026-05-06+69→ 176,977 total - Award
Klarna Group plc Options
[F2]2026-06-01+84,034→ 1,949,033 totalExercise: $17.90From: 2026-06-01Exp: 2030-12-01→ Klarna Group plc Ordinary Shares (84,034 underlying)
Footnotes (2)
- [F1]Not Applicable
- [F2]Value is not applicable as these are options.