Monitor for any upcoming clinical catalysts or partnership announcements that may have prompted this insider purchase. The CEO's recent option exercises (non-cash) combined with a 10% owner's open-market buy suggest confidence in the company's pipeline.
Price Chart
Executive Summary
Baker Bros. Advisors LP, a director and 10% owner, purchased 15,156 shares of Kodiak Sciences at $61.21 per share for a total of $930K on September 28, 2026. This open-market conviction buy by a major insider follows the CEO's recent exercise of stock options, signaling alignment with existing shareholders.
Key Financial Metrics
Key Facts
- Baker Bros. Advisors LP (Director, 10% Owner) purchased 15,156 shares at $61.21 for $930K on 2026-09-28.
- This is a single open-market purchase (code P) by a 10% owner exceeding $100K, triggering the officer/10%-owner open-market buy rule.
- The purchase follows the CEO's exercise of 1.88 million derivative shares (mostly non-cash) on 2026-09-25.
- No market cap data available; absolute value of $930K is material for a clinical-stage biotech.
Financial Impact
$930K open-market purchase by a 10% owner
Risk Factors
- Clinical-stage biotech with no approved products; pipeline risk is high.
- Single insider buy, not a cluster; signal strength is moderate.
- No market cap data to assess proportionality.
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| INSIDER-BUY Data (Synthetic) | 0001193125-26-409116 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 20, 2026 6d ago | S-3ASR | $87.72 | awaiting T+20 | — | $89.60 (−2.14%) |
Sep 30, 2026 26d ago | SC 13D/A | $98.46 | awaiting T+20 | — | $89.60 (−9.00%) |
Sep 30, 2026 26d ago | Insider Buy | $98.46 | awaiting T+20 | — | $89.60 (−9.00%) |
Sep 28, 2026 28d ago | 8-K | $89.92 $89.60 | ▼ −0.36% | ▼ −0.32% | $89.60 (−0.36%) |
Aug 13, 2026 10w ago | 8-K | $41.35 $33.14 | ▼ −19.85% | ▼ −17.86% | $89.60 (+116.69%) |
Aug 13, 2026 10w ago | Press Release | $41.35 $33.14 | ▼ −19.85% | ▼ −17.86% | $89.60 (+116.69%) |
Jun 11, 2026 19w ago | Institutional Cluster | $33.97 $40.08 | ▲ +17.99% | ▲ +16.10% | $89.60 (+163.76%) |
May 7, 2026 24w ago | 8-K | $41.01 $31.05 | ▼ −24.29% | ▼ −24.31% | $89.60 (+118.48%) |
Mar 31, 2026 29w ago | 8-K | $42.81 $43.67 | ▲ +2.01% | ▼ −7.71% | $89.60 (+109.30%) |
US Market Status
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