Andreas Wendel - 24 Sep 2025 Form 4 Insider Report for Kodiak Al, Inc. (AACT)

Reporting relationship
Chief Technology Officer
Issuer ticker
AACT
Reported as of
24 Sep 2025
Net transaction value
$0
Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
24 Sep 2025, 21:54:56 UTC
Next SEC filing
02 Jul 2026
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Bobby Brown, by power of attorney

Key filing fact

Andreas Wendel filed Form 4 for Kodiak Al, Inc. (AACT) on 24 Sep 2025.

Key facts

  • This page summarizes Andreas Wendel's Form 4 filing for Kodiak Al, Inc. (AACT).
  • 9 reported transactions and 8 derivative rows are listed below.
  • Accepted by SEC: 24 Sep 2025, 21:54.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0002082817 Primary reporting owner

Wendel Andreas

Relationship
Chief Technology Officer
Address
C/O KODIAK AI, INC., 1049 TERRA BELLA AVENUE, MOUNTAIN VIEW
Signature
/s/ Bobby Brown, by power of attorney
Signature date
24 Sep 2025
This filing has been restated. Open the amended filing.

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

KDK transaction

Common Stock

Award

Transaction value
Shares
+4,305,573
Change %
Price
Shares after
4,305,573
Date
24 Sep 2025
Ownership
Direct
Footnotes
F1, F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

KDK transaction Derivative

Stock Option (Right to buy)

Award

Transaction value
Shares
+134,055
Change %
Price
Shares after
134,055
Date
24 Sep 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
134,055
Exercise price
$0.3472
Footnotes
F1, F3, F4
KDK transaction Derivative

Stock Option (Right to buy)

Award

Transaction value
Shares
+4,397,976
Change %
Price
Shares after
4,397,976
Date
24 Sep 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
4,397,976
Exercise price
$0.6794
Footnotes
F1, F4, F5
KDK transaction Derivative

Stock Option (Right to buy)

Award

Transaction value
Shares
+662,311
Change %
Price
Shares after
662,311
Date
24 Sep 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
662,311
Exercise price
$0.4680
Footnotes
F1, F4, F6
KDK transaction Derivative

Stock Option (Right to buy)

Award

Transaction value
Shares
+142,878
Change %
Price
Shares after
142,878
Date
24 Sep 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
142,878
Exercise price
$6.84
Footnotes
F1, F4, F7
KDK transaction Derivative

Restricted Stock Units

Award

Transaction value
$0
Shares
+134,055
Change %
Price
$0.000000
Shares after
134,055
Date
24 Sep 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
134,055
Exercise price
Footnotes
F8, F9
KDK transaction Derivative

Restricted Stock Units

Award

Transaction value
$0
Shares
+4,397,976
Change %
Price
$0.000000
Shares after
4,397,976
Date
24 Sep 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
4,397,976
Exercise price
Footnotes
F8, F10
KDK transaction Derivative

Restricted Stock Units

Award

Transaction value
$0
Shares
+662,311
Change %
Price
$0.000000
Shares after
662,311
Date
24 Sep 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
662,311
Exercise price
Footnotes
F8, F11
KDK transaction Derivative

Restricted Stock Units

Award

Transaction value
$0
Shares
+142,878
Change %
Price
$0.000000
Shares after
142,878
Date
24 Sep 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
142,878
Exercise price
Footnotes
F8, F12
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 12 footnotes

Footnote F1

Consists of securities acquired in connection with the transactions consummated on September 24, 2025 pursuant to that certain Business Combination Agreement, dated April 14, 2025 (the "Business Combination Agreement"), by and among Kodiak AI, Inc. (f/k/a Ares Acquisition Corporation II) (the "Issuer"), AAC II Merger Sub, Inc., a wholly owned subsidiary of the Issuer ("Merger Sub"), and Kodiak Robotics, Inc. ("Legacy Kodiak"), pursuant to which Merger Sub merged with and into Legacy Kodiak, with Legacy Kodiak as the surviving company and continuing as a wholly owned subsidiary of the Issuer (the "Business Combination").

Footnote F2

In connection with the closing of the Business Combination, each share of Legacy Kodiak common stock ("Legacy Kodiak Common Stock"), issued and outstanding immediately prior to the effective time of the merger was, pursuant to the Business Combination Agreement, canceled and converted into the right to receive a number of shares of Common Stock of the Issuer (the ratio of such conversion, the "Common Stock Exchange Ratio").

Footnote F3

All of the shares subject to this option are fully vested and exercisable as of the date hereof.

Footnote F4

In connection with the closing of the Business Combination, each outstanding option to purchase shares of Legacy Kodiak Common Stock, whether vested or unvested, was exchanged for a comparable option to purchase that number of shares of Common Stock of the Issuer based on the Common Stock Exchange Ratio. The exercise price for each such option was also accordingly adjusted based on the Common Stock Exchange Ratio.

Footnote F5

1/8th of the shares subject to the option vested on June 15, 2022 and 1/48th of the shares subject to the option vest each month thereafter, subject to the Reporting Person continuing as a service provider through each such date.

Footnote F6

1/8th of the shares subject to the option vested on January 1, 2025 and 1/48th of the shares subject to the option vest each month thereafter, subject to the Reporting Person continuing as a service provider through each such date.

Footnote F7

1/8th of the shares subject to the option vest on December 30, 2025 and 1/48th of the shares subject to the option vest each month thereafter, subject to the Reporting Person continuing as a service provider through each such date.

Footnote F8

These securities are restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Common Stock.

Footnote F9

The RSUs are subject to both (1) a performance-based vesting condition which will be satisfied as to 1/3rd of the RSUs if the Issuer's Common Stock achieves a price per share, for any period of 20 trading days out of 30 consecutive trading days occurring prior to the earlier of (i) September 24, 2029, or (ii) a change of control, that equals or exceeds the following thresholds, respectively: $18.00, $23.00 and $28.00 and (2) a service-based vesting condition, satisfied on substantially the same terms as the option vesting schedule described in footnote (3) above, subject to the Reporting Person continuing as a service provider through each such date.

Footnote F10

The RSUs are subject to both (1) a performance-based vesting condition which will be satisfied as to 1/3rd of the RSUs if the Issuer's Common Stock achieves a price per share, for any period of 20 trading days out of 30 consecutive trading days occurring prior to the earlier of (i) September 24, 2029, or (ii) a change of control, that equals or exceeds the following thresholds, respectively: $18.00, $23.00 and $28.00 and (2) a service-based vesting condition, satisfied on substantially the same terms as the option vesting schedule described in footnote (5) above.

Footnote F11

The RSUs are subject to both (1) a performance-based vesting condition which will be satisfied as to 1/3rd of the RSUs if the Issuer's Common Stock achieves a price per share, for any period of 20 trading days out of 30 consecutive trading days occurring prior to the earlier of (i) September 24, 2029, or (ii) a change of control, that equals or exceeds the following thresholds, respectively: $18.00, $23.00 and $28.00 and (2) a service-based vesting condition, satisfied on substantially the same terms as the option vesting schedule described in footnote (6) above.

Footnote F12

The RSUs are subject to both (1) a performance-based vesting condition which will be satisfied as to 1/3rd of the RSUs if the Issuer's Common Stock achieves a price per share, for any period of 20 trading days out of 30 consecutive trading days occurring prior to the earlier of (i) September 24, 2029, or (ii) a change of control, that equals or exceeds the following thresholds, respectively: $18.00, $23.00 and $28.00 and (2) a service-based vesting condition, satisfied on substantially the same terms as the option vesting schedule described in footnote (7) above.

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