Kodiak AI Affiliate Andreas Wendel Files to Sell 3.25M Shares Worth $9M
KDK sits 15% above its 52-week low of $2.13 on elevated volume (13× avg).
Summary
Kodiak AI affiliate Andreas Wendel filed a Form 144 to sell 3.25 million shares worth approximately $9 million, representing about 1.6% of outstanding shares.
Key Events · Ownership and Investor Activity · KDK
-
Affiliate Files to Sell 3.25M Shares
Andreas Wendel, an affiliate of Kodiak AI, filed a Form 144 to sell 3,250,000 shares of common stock with an approximate market value of $9,035,000.
-
Sale Represents ~1.6% of Outstanding Shares
The 3.25 million shares represent approximately 1.6% of the 200,618,170 shares outstanding, making this a notable sale by an affiliate.
-
Shares Acquired as Founder's Shares
The shares were acquired on September 24, 2025, as Founder's Shares for services rendered, indicating they were compensation for early contributions to the company.
-
Sale Expected on September 25, 2026
The sale is expected to occur on or about September 25, 2026, through J.P. Morgan Securities LLC as broker.
Analysis · KDK · Technology
A Form 144 filed by Andreas Wendel, an affiliate of Kodiak AI, discloses plans to sell 3,250,000 shares of common stock valued at approximately $9.04 million based on the filing's stated market value. The shares were acquired as Founder's Shares for services rendered on September 24, 2025. This is a significant sale by an affiliate, representing roughly 1.6% of the company's outstanding shares, and comes amid a period of positive operational news including a California DMV permit and designation of the Dallas-Houston corridor for driverless trucking. While the sale is not from a C-suite executive, the size relative to the company's market capitalization makes it notable for investors.
How filings like this one have moved
In the 30 days to Oct 2, 2026, 29.4% of the 1637 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.57%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, KDK was trading at $2.46 on NASDAQ in the Technology sector, with a market capitalization of approximately $487.5M. The 52-week trading range was $2.13 to $11.35. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.