Key facts
- KALA - KALA BIO, Inc. has 25 insiders with reported activity on this page.
- Net insider value flow over the last year: -$1,260,237.
- Recent transaction rows are available for direct filing-level review.
Issuer insider activity is sourced from SEC Forms 3, 4, and 5.
Net insider flow leans to selling over the last 12 months. Net value: -$1,260,237.
$0
Shares: 0
Insiders: 0
$1,260,237
Shares: 782,609
Insiders: 6
-$1,260,237
Shares: -782,609
Insiders: -6
| Window (months) | Buy shares | Sell shares | Buy $ | Sell $ | Net $ |
|---|---|---|---|---|---|
| 0-3 | 0 | 0 | $0 | $0 | $0 |
| 3-6 | 0 | 0 | $0 | $0 | $0 |
| 6-9 | 0 | 730,408 | $0 | $1,056,722 | -$1,056,722 |
| 9-12 | 0 | 52,201 | $0 | $203,515 | -$203,515 |
| Name | Relationship | Holdings Value | Past Year Net Change | Change % | Valuation | Report Date |
|---|---|---|---|---|---|---|
| Rajeev M. Shah | Director | $73,564,492 | Mixed | 17 Jun 2021 | ||
| RA CAPITAL MANAGEMENT, L.P. | 10%+ Owner | $47,446,992 | Mixed | 26 May 2022 | ||
| Gregory Grunberg | Director | $36,745,536 | Mixed | 17 Jun 2021 | ||
| Hongming Chen | Chief Scientific Officer | $1,378,431 | Mixed | 26 Oct 2021 | ||
| OXFORD FINANCE LLC | 10%+ Owner | $1,215,000 | Mixed | 25 Nov 2025 | ||
| BAKER BROS. ADVISORS LP | Former 10% owner | $588,123 | -$1,056,722 | -64% | Filing P/S | 30 Sep 2025 |
| Eric Trachtenberg | Chief Legal Officer, Chief Compliance Officer and Secretary | $458,765 | Filing P/S | 04 Jan 2024 | ||
| Iwicki Mark T. | Director | $212,257 | -$93,679 | -31% | Mixed | 23 Oct 2025 |
| Mark S. Blumenkranz | Director | $87,495 | Mixed | 11 Jun 2024 | ||
| Darius Kharabi | Chief Business Officer | $85,608 | -$20,819 | -20% | Mixed | 22 Oct 2025 |
| Romulus K. Brazzell | Head of Research and Development and Chief Medical Officer | $73,701 | -$34,846 | -32% | Mixed | 22 Oct 2025 |
| Todd Bazemore | Director | $73,662 | -$28,951 | -28% | Mixed | 22 Oct 2025 |
| Andrew I. Koven | Director | $68,566 | Mixed | 15 Jun 2025 | ||
| Howard B. Rosen | Director | $66,667 | Mixed | 15 Jun 2025 | ||
| Mary Reumuth | Chief Financial Officer | $59,257 | -$25,219 | -30% | Mixed | 22 Oct 2025 |
| Gregory D. Perry | Director | $53,909 | Mixed | 15 Jun 2025 | ||
| C. Daniel Myers | Director | $41,910 | Mixed | 15 Jun 2025 | ||
| Marjan Farid | Director | $41,377 | Mixed | 15 Jun 2025 | ||
| David E. Lazar | Chief Executive Officer, Director | $0 | Mixed | 18 Dec 2025 | ||
| Chaim D. Berger | Director | Mixed | 30 Jan 2026 | |||
| Hillel D. Posen | Director | Mixed | 30 Jan 2026 | |||
| Yonatan C. Colman | Director | Mixed | 30 Jan 2026 | |||
| Brendan P. Purdy | Director | Mixed | 30 Jan 2026 | |||
| Avraham Minkowitz | Chief Executive Officer, Director | Mixed | 30 Jan 2026 | |||
| Robert Bradley Paull | Director | Mixed | 16 Jun 2022 |
Grouped by holder across the latest SEC ownership disclosures. Ownership % is shown only when it is directly reported or safely comparable across share classes.
| Holder | Source | Role / Reporting | Ownership % | Shares | Holdings Value | 12M Net Δ | As of | Details |
|---|---|---|---|---|---|---|---|---|
| OXFORD FINANCE LLC |
3/4/5
13D/G
|
10%+ Owner |
16%
from 13D/G
|
1,620,000
|
$1,215,000 | — | 25 Nov 2025 | |
| LIFESCI CAPITAL, LLC |
13D/G
|
— |
7.9%
|
2,200,000
|
$1,274,240 | $0 | 30 Dec 2025 | |
| David E. Lazar |
13D/G
3/4/5
|
Chief Executive Officer, Director |
5.2%
|
49,500,000
|
$27,522,000 | $0 | 30 Jan 2026 | |
| ADAR1 Capital Management, LLC |
13D/G
13F
|
Company |
4.9%
|
298,955
|
$1,270,559 | $0 | 31 Dec 2024 | |
| SR ONE CAPITAL MANAGEMENT, LLC |
13D/G
|
— |
4.6%
|
344,176
|
$5,255,568 | -$1,020,402 | 14 Oct 2025 | |
| BAKER BROS. ADVISORS LP |
3/4/5
13D/G
|
Former 10% owner |
0.01%
from 13D/G
|
425,006
|
$588,123 | -$1,056,722 | 30 Sep 2025 | |
| Point72 Asset Management, L.P. |
13D/G
|
— |
0%
|
257
|
$393 | -$717,340 | 30 Sep 2025 | |
| RENAISSANCE TECHNOLOGIES LLC |
13F
|
Company |
1.4%
|
417,517
|
$72,272 | — | 31 Mar 2026 | |
| CITADEL ADVISORS LLC |
13F
|
Company |
0.97%
|
281,650
|
$48,754 | — | 31 Mar 2026 | |
| GEODE CAPITAL MANAGEMENT, LLC |
13F
|
Company |
0.9%
|
261,061
|
$45,194 | — | 31 Mar 2026 | |
| Virtu Financial LLC |
13F
|
Company |
0.53%
|
152,197
|
$26,000 | — | 31 Mar 2026 | |
| GSA CAPITAL PARTNERS LLP |
13F
|
Company |
0.29%
|
84,470
|
$15,000 | — | 31 Mar 2026 | |
| UBS Group AG |
13F
|
Company |
0.23%
|
66,871
|
$11,568 | — | 31 Mar 2026 | |
| VANGUARD CAPITAL MANAGEMENT LLC |
13F
|
Company |
0.21%
|
60,549
|
$10,475 | — | 31 Mar 2026 | |
| JANE STREET GROUP, LLC |
13F
|
Company |
0.12%
|
36,000
|
$6,232 | — | 31 Mar 2026 | |
| JPMORGAN CHASE & CO |
13F
|
Company |
0.1%
|
30,017
|
$5,133 | — | 31 Mar 2026 | |
| VANGUARD FIDUCIARY TRUST CO |
13F
|
Company |
0.1%
|
29,628
|
$5,126 | — | 31 Mar 2026 | |
| STATE STREET CORP |
13F
|
Company |
0.1%
|
28,576
|
$4,947 | — | 31 Mar 2026 | |
| Grant Private Wealth Management Inc |
13F
|
Company |
0.07%
|
20,000
|
$3,462 | — | 31 Mar 2026 | |
| Greenwich Wealth Management LLC |
13F
|
Company |
0.06%
|
18,393
|
$3,000 | — | 31 Mar 2026 | |
| LPL Financial LLC |
13F
|
Company |
0.06%
|
17,229
|
$2,982 | — | 31 Mar 2026 | |
| GOLDMAN SACHS GROUP INC |
13F
|
Company |
0.05%
|
14,048
|
$2,432 | — | 31 Mar 2026 | |
| StoneX Group Inc. |
13F
|
Company |
0.04%
|
12,984
|
$2,248 | — | 31 Mar 2026 | |
| NORTHERN TRUST CORP |
13F
|
Company |
0.04%
|
11,524
|
$1,995 | — | 31 Mar 2026 | |
| BlackRock, Inc. |
13F
|
Company |
0.04%
|
10,809
|
$1,871 | — | 31 Mar 2026 | |
| MORGAN STANLEY |
13F
|
Company |
0.01%
|
2,941
|
$509 | — | 31 Mar 2026 | |
| Vanguard Global Advisers, LLC |
13F
|
Company |
0%
|
832
|
$144 | — | 31 Mar 2026 | |
| MAI Capital Management |
13F
|
Company |
0%
|
300
|
$52 | — | 31 Mar 2026 | |
| Steward Partners Investment Advisory, LLC |
13F
|
Company |
0%
|
120
|
$21 | — | 31 Mar 2026 | |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC |
13F
|
Company |
0%
|
110
|
$18 | — | 31 Mar 2026 | |
| Legacy Wealth Managment, LLC/ID |
13F
|
Company |
0%
|
25
|
$5 | — | 31 Mar 2026 | |
| SBI Securities Co., Ltd. |
13F
|
Company |
0%
|
8
|
$1 | — | 31 Mar 2026 | |
| RA CAPITAL MANAGEMENT, L.P. |
3/4/5
|
10%+ Owner |
—
class O/S missing
|
7,039,613
|
$47,446,992 | — | 26 May 2022 | |
| Rajeev M. Shah |
3/4/5
|
Director |
—
class O/S missing
|
10,914,613
|
$73,564,492 | — | 17 Jun 2021 | |
| Gregory Grunberg |
3/4/5
|
Director |
—
class O/S missing
|
5,451,860
|
$36,745,536 | — | 17 Jun 2021 | |
| Hongming Chen |
3/4/5
|
CHIEF SCIENTIFIC OFFICER |
—
class O/S missing
|
204,515
|
$1,378,431 | — | 26 Oct 2021 | |
| Eric Trachtenberg |
3/4/5
|
Chief Legal Officer, Chief Compliance Officer and Secretary |
—
mixed-class rows
|
88,566
mixed-class rows
|
$458,765 | — | 04 Jan 2024 | |
| Iwicki Mark T. |
3/4/5
|
Director |
—
mixed-class rows
|
108,990
mixed-class rows
|
$212,257 | -$93,679 | 23 Oct 2025 | |
| Mark S. Blumenkranz |
3/4/5
|
Director |
—
mixed-class rows
|
17,517
mixed-class rows
|
$87,495 | — | 11 Jun 2024 | |
| Darius Kharabi |
3/4/5
|
CHIEF BUSINESS OFFICER |
—
mixed-class rows
|
86,960
mixed-class rows
|
$85,608 | -$20,819 | 22 Oct 2025 | |
| Romulus K. Brazzell |
3/4/5
|
Head of Research and Development and Chief Medical Officer |
—
mixed-class rows
|
81,152
mixed-class rows
|
$73,701 | -$34,846 | 22 Oct 2025 | |
| Todd Bazemore |
3/4/5
|
Director |
—
mixed-class rows
|
215,933
mixed-class rows
|
$73,662 | -$28,951 | 22 Oct 2025 | |
| Andrew I. Koven |
3/4/5
|
Director |
—
mixed-class rows
|
23,822
mixed-class rows
|
$68,566 | — | 15 Jun 2025 | |
| Howard B. Rosen |
3/4/5
|
Director |
—
mixed-class rows
|
21,952
mixed-class rows
|
$66,667 | — | 15 Jun 2025 | |
| Mary Reumuth |
3/4/5
|
CHIEF FINANCIAL OFFICER |
—
mixed-class rows
|
74,106
mixed-class rows
|
$59,257 | -$25,219 | 22 Oct 2025 | |
| Gregory D. Perry |
3/4/5
|
Director |
—
mixed-class rows
|
18,794
mixed-class rows
|
$53,909 | — | 15 Jun 2025 | |
| C. Daniel Myers |
3/4/5
|
Director |
—
mixed-class rows
|
15,824
mixed-class rows
|
$41,910 | — | 15 Jun 2025 | |
| Marjan Farid |
3/4/5
|
Director |
—
mixed-class rows
|
15,692
mixed-class rows
|
$41,377 | — | 15 Jun 2025 | |
| Cheviot Value Management, LLC |
13F
|
Company |
—
class O/S missing
|
153
|
$26 | — | 31 Mar 2026 | |
| HARBOUR INVESTMENTS, INC. |
13F
|
Company |
—
class O/S missing
|
150
|
$26 | — | 31 Mar 2026 |
Showing up to 300 most recent insider transactions from the last 12 months.
| Insider | Symbol | Class | Transaction | % | Value $ | * Price $ | Shares | Shares Owned | Date | Ownership |
|---|---|---|---|---|---|---|---|---|---|---|
| David E. Lazar | KALA | Convertible Loan | Other | -100% | -368,614 | 0 | 18 Dec 2025 | Direct | ||
| David E. Lazar | KALA | Series AA Convertible Preferred Stock | Award | 900,000 | 900,000 | 24 Nov 2025 | Direct | |||
| Iwicki Mark T. | KALA | Common Stock | Sale | -59.9% | -154,894 | 103,540 | 23 Oct 2025 | Direct | ||
| Mary Reumuth | KALA | Common Stock | Sale | -3.24% | -967 | 28,906 | 23 Oct 2025 | Direct | ||
| Mary Reumuth | KALA | Common Stock | Sale | -51.9% | -32,230 | 29,873 | 22 Oct 2025 | Direct | ||
| Todd Bazemore | KALA | Common Stock | Sale | -57.1% | -47,768 | 35,932 | 22 Oct 2025 | Direct | ||
| Romulus K. Brazzell | KALA | Common Stock | Sale | -56.5% | -46,748 | 35,952 | 22 Oct 2025 | Direct | ||
| Darius Kharabi | KALA | Common Stock | Sale | -33.2% | -20,806 | 41,760 | 22 Oct 2025 | Direct | ||
| Baker Bros. Advisors Lp | KALA | Common Stock | Sale | -91.7% | $710,729 | $1.38 | -513,607 | 46,480 | 01 Oct 2025 | See Footnotes |
| Baker Bros. Advisors Lp | KALA | Common Stock | Sale | -69.1% | $345,993 | $1.60 | -216,801 | 97,120 | 30 Sep 2025 | See Footnotes |
| Todd Bazemore | KALA | Stock Option (right to buy) | Award | 180,000 | 180,000 | 29 Aug 2025 | Direct | |||
| Darius Kharabi | KALA | Common Stock | Sale | -6.73% | $18,089 | $4.01 | -4,511 | 62,566 | 24 Jun 2025 | Direct |
| Mary Reumuth | KALA | Common Stock | Sale | -5.52% | $14,560 | $4.01 | -3,631 | 62,100 | 24 Jun 2025 | Direct |
| Todd Bazemore | KALA | Common Stock | Sale | -4.62% | $16,273 | $4.01 | -4,058 | 83,699 | 24 Jun 2025 | Direct |
| Romulus K. Brazzell | KALA | Common Stock | Sale | -5.97% | $21,057 | $4.01 | -5,251 | 82,698 | 24 Jun 2025 | Direct |
| Iwicki Mark T. | KALA | Common Stock | Sale | -4.87% | $53,040 | $4.01 | -13,227 | 258,433 | 24 Jun 2025 | Direct |
| Howard B. Rosen | KALA | Common Stock | Award | 17.8% | 2,450 | 16,240 | 15 Jun 2025 | Direct | ||
| Howard B. Rosen | KALA | Stock Option (right to buy) | Award | 5,450 | 5,450 | 15 Jun 2025 | Direct | |||
| Iwicki Mark T. | KALA | Common Stock | Award | 0.91% | 2,450 | 271,660 | 15 Jun 2025 | Direct | ||
| Iwicki Mark T. | KALA | Stock Option (right to buy) | Award | 5,450 | 5,450 | 15 Jun 2025 | Direct | |||
| Marjan Farid | KALA | Common Stock | Award | 31.4% | 2,450 | 10,242 | 15 Jun 2025 | Direct | ||
| Marjan Farid | KALA | Stock Option (right to buy) | Award | 5,450 | 5,450 | 15 Jun 2025 | Direct | |||
| Gregory D. Perry | KALA | Common Stock | Award | 22.5% | 2,450 | 13,344 | 15 Jun 2025 | Direct | ||
| Gregory D. Perry | KALA | Stock Option (right to buy) | Award | 5,450 | 5,450 | 15 Jun 2025 | Direct | |||
| C. Daniel Myers | KALA | Common Stock | Award | 30.9% | 2,450 | 10,374 | 15 Jun 2025 | Direct | ||
| C. Daniel Myers | KALA | Stock Option (right to buy) | Award | 5,450 | 5,450 | 15 Jun 2025 | Direct | |||
| Andrew I. Koven | KALA | Common Stock | Award | 21.9% | 3,050 | 16,972 | 15 Jun 2025 | Direct | ||
| Andrew I. Koven | KALA | Stock Option (right to buy) | Award | 6,850 | 6,850 | 15 Jun 2025 | Direct | |||
| Iwicki Mark T. | KALA | Common Stock | Sale | -3.88% | $40,639 | $3.74 | -10,866 | 269,210 | 03 Jun 2025 | Direct |
| Darius Kharabi | KALA | Common Stock | Sale | -1.08% | $2,730 | $3.74 | -730 | 67,077 | 03 Jun 2025 | Direct |
| Mary Reumuth | KALA | Common Stock | Sale | -4.16% | $10,659 | $3.74 | -2,850 | 65,731 | 03 Jun 2025 | Direct |
| Todd Bazemore | KALA | Common Stock | Sale | -3.72% | $12,679 | $3.74 | -3,390 | 87,757 | 03 Jun 2025 | Direct |
| Romulus K. Brazzell | KALA | Common Stock | Sale | -4.02% | $13,789 | $3.74 | -3,687 | 87,949 | 03 Jun 2025 | Direct |