{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-21-001601","form_type":"8-K","ticker":"KOD","cik":"0001468748","company_name":"Kodiak Sciences Inc.","filed_at":"2021-09-01T23:59:59+00:00","discovered_at":"2026-05-14T18:04:18.186862+00:00","generated_at":"2026-06-29T06:25:43.154063+00:00","sec_items":["8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.45,"calibrated_materiality_score":0.45,"confidence":"high","headline":"Kodiak Sciences unveils 7-year performance stock option plan tied to share price milestones up to $800","bullets":["NEOs and eligible employees may forgo up to 75% of annual equity awards for 7 years in exchange for one-time performance stock options.","Options vest in tranches upon achieving stock price milestones: $200/share first, then $100 increments up to $800 (≈$50B market cap).","Operational milestones include FDA approval of KSI-301 in wet AMD, DME, RVO and fiscal-year sales >$2.5B.","90% of eligible employees opted in; awards conditional on stockholder approval at special meeting in October 2021.","Participants are economically worse-off below $400/share compared to continuing annual awards."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-21-001601","json":"https://secwatch.observer/filing/0000950170-21-001601.json","markdown":"https://secwatch.observer/filing/0000950170-21-001601.md","text":"https://secwatch.observer/filing/0000950170-21-001601.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1468748/000095017021001601/0000950170-21-001601-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1468748/000095017021001601/kod-20210901.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-29T06:25:43.154063+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}