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$KALA

$2.24 +$0.04 (1.82%)

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Insider Transactions

Insider Transaction Summary

CAPITAL MANAGEMENT, L.P. RA

10,874,613 shares

Net: 0 B/S: -

Capital Healthcare Fund LP RA

7,039,613 shares

Net: 0 B/S: -

CAPITAL MANAGEMENT, LLC RA

4,537,478 shares

Net: 0 B/S: -

ADVISORS LLC ORBIMED

3,447,840 shares

Net: 0 B/S: -

SAMUEL D ISALY

2,692,715 shares

Net: 0 B/S: -

Bakker Juliet Tammenoms

2,270,946 shares

Net: 0 B/S: -

Peter Kolchinsky

2,113,236 shares

Net: 0 B/S: -

ROBERT I TEPPER

1,621,092 shares

Net: 0 B/S: -

Harbor Master Investors (Cayman) L.P. Hadley

888,894 shares

Net: 0 B/S: -

Bruce Kovner

215,000 shares

Net: 0 B/S: -

Hongming Chen

204,515 shares

Net: 0 B/S: -

Mark T Iwicki

103,540 shares

Net: -165,671 B/S: 0.01

Eric Trachtenberg

68,066 shares

Net: 0 B/S: -

JULIAN BAKER

46,480 shares

Net: -72,016 B/S: -

Darius Kharabi

41,760 shares

Net: -25,317 B/S: -

Gregory Grunberg

40,000 shares

Net: 0 B/S: -

Robert Bradley Paull

40,000 shares

Net: 0 B/S: -

Romulus K Brazzell

35,952 shares

Net: -51,999 B/S: -

Todd Bazemore

35,932 shares

Net: +128,174 B/S: 3.47

Mary Reumuth

28,906 shares

Net: -36,828 B/S: -

Rajeev M. Shah

20,000 shares

Net: 0 B/S: -

ANDREW I KOVEN

16,972 shares

Net: +3,050 B/S: ∞

Howard B Rosen

16,240 shares

Net: +2,450 B/S: ∞

GREGORY D PERRY

13,344 shares

Net: +2,450 B/S: ∞

Mark S. Blumenkranz

13,091 shares

Net: 0 B/S: -

ROBERT LANGER

12,960 shares

Net: 0 B/S: -

Paulina Hill

12,960 shares

Net: 0 B/S: -

C. Daniel Myers

10,374 shares

Net: +2,450 B/S: ∞

Marjan Farid

10,242 shares

Net: +2,450 B/S: ∞

Michele LaRussa

8,000 shares

Net: 0 B/S: -

David E. Lazar

0 shares

Net: +531,386 B/S: ∞

Insider Name	Current Shares	Net Change (1yr)	Buy/Sell Ratio
CAPITAL MANAGEMENT, L.P. RA	10,874,613	0	-
Capital Healthcare Fund LP RA	7,039,613	0	-
CAPITAL MANAGEMENT, LLC RA	4,537,478	0	-
ADVISORS LLC ORBIMED	3,447,840	0	-
SAMUEL D ISALY	2,692,715	0	-
Bakker Juliet Tammenoms	2,270,946	0	-
Peter Kolchinsky	2,113,236	0	-
ROBERT I TEPPER	1,621,092	0	-
Harbor Master Investors (Cayman) L.P. Hadley	888,894	0	-
Bruce Kovner	215,000	0	-
Hongming Chen	204,515	0	-
Mark T Iwicki	103,540	-165,671	0.01
Eric Trachtenberg	68,066	0	-
JULIAN BAKER	46,480	-72,016	-
Darius Kharabi	41,760	-25,317	-
Gregory Grunberg	40,000	0	-
Robert Bradley Paull	40,000	0	-
Romulus K Brazzell	35,952	-51,999	-
Todd Bazemore	35,932	+128,174	3.47
Mary Reumuth	28,906	-36,828	-
Rajeev M. Shah	20,000	0	-
ANDREW I KOVEN	16,972	+3,050	∞
Howard B Rosen	16,240	+2,450	∞
GREGORY D PERRY	13,344	+2,450	∞
Mark S. Blumenkranz	13,091	0	-
ROBERT LANGER	12,960	0	-
Paulina Hill	12,960	0	-
C. Daniel Myers	10,374	+2,450	∞
Marjan Farid	10,242	+2,450	∞
Michele LaRussa	8,000	0	-
David E. Lazar	0	+531,386	∞

Individual Transactions

December 18, 2025

David E. Lazar

Other Transaction

Change: -368,614

Price: $0.00

Shares: 0

Value: -$0

Insider	Filing Date	Transaction	Shares	Change	Price	Value
David E. Lazar	Dec 22	Other Transaction (J) Other	0	-368,614	$0.00	-$0

November 24, 2025

David E. Lazar

Grant/Award Acquisition

Change: +900,000

Price: $0.00

Shares: 900,000

Value: +$0

Insider	Filing Date	Transaction	Shares	Change	Price	Value
David E. Lazar	Nov 26	Grant/Award Acquisition (A) Compensation/Award	900,000	+900,000	$0.00	+$0

October 23, 2025

Mary Reumuth

Open Market Sale

Change: -967

Price: $0.82

Shares: 28,906

Value: -$792

Mark T Iwicki

Open Market Sale

Change: -154,894

Price: $0.81

Shares: 103,540

Value: -$125,464

Insider	Filing Date	Transaction	Shares	Change	Price	Value
Mary Reumuth	Oct 24	Open Market Sale (S) Market Sale	28,906	-967	$0.82	-$792
Mark T Iwicki	Oct 24	Open Market Sale (S) Market Sale	103,540	-154,894	$0.81	-$125,464

October 22, 2025

Romulus K Brazzell

Open Market Sale

Change: -46,748

Price: $0.83

Shares: 35,952

Value: -$38,800

Darius Kharabi

Open Market Sale

Change: -20,806

Price: $0.83

Shares: 41,760

Value: -$17,268

Mary Reumuth

Open Market Sale

Change: -32,230

Price: $0.83

Shares: 29,873

Value: -$26,750

Todd Bazemore

Open Market Sale

Change: -47,768

Price: $0.83

Shares: 35,932

Value: -$39,647

Insider	Filing Date	Transaction	Shares	Change	Price	Value
Romulus K Brazzell	Oct 24	Open Market Sale (S) Market Sale	35,952	-46,748	$0.83	-$38,800
Darius Kharabi	Oct 24	Open Market Sale (S) Market Sale	41,760	-20,806	$0.83	-$17,268
Mary Reumuth	Oct 24	Open Market Sale (S) Market Sale	29,873	-32,230	$0.83	-$26,750
Todd Bazemore	Oct 24	Open Market Sale (S) Market Sale	35,932	-47,768	$0.83	-$39,647

October 01, 2025

JULIAN BAKER

Open Market Sale

Change: -50,640

Price: $1.38

Shares: 46,480

Value: -$70,075

Insider	Filing Date	Transaction	Shares	Change	Price	Value
JULIAN BAKER	Oct 02	Open Market Sale (S) Market Sale	46,480	-50,640	$1.38	-$70,075

September 30, 2025

JULIAN BAKER

Open Market Sale

Change: -21,376

Price: $1.60

Shares: 97,120

Value: -$34,113

Insider	Filing Date	Transaction	Shares	Change	Price	Value
JULIAN BAKER	Oct 02	Open Market Sale (S) Market Sale	97,120	-21,376	$1.60	-$34,113

August 29, 2025

Todd Bazemore

Grant/Award Acquisition

Change: +180,000

Price: $0.00

Shares: 180,000

Value: +$0

Insider	Filing Date	Transaction	Shares	Change	Price	Value
Todd Bazemore	Sep 02	Grant/Award Acquisition (A) Compensation/Award	180,000	+180,000	$0.00	+$0

June 24, 2025

Darius Kharabi

Open Market Sale

Change: -4,511

Price: $4.01

Shares: 62,566

Value: -$18,089

Mary Reumuth

Open Market Sale

Change: -3,631

Price: $4.01

Shares: 62,100

Value: -$14,560

Todd Bazemore

Open Market Sale

Change: -4,058

Price: $4.01

Shares: 83,699

Value: -$16,272

Mark T Iwicki

Open Market Sale

Change: -13,227

Price: $4.01

Shares: 258,433

Value: -$53,040

Romulus K Brazzell

Open Market Sale

Change: -5,251

Price: $4.01

Shares: 82,698

Value: -$21,056

Insider	Filing Date	Transaction	Shares	Change	Price	Value
Darius Kharabi	Jun 26	Open Market Sale (S) Market Sale	62,566	-4,511	$4.01	-$18,089
Mary Reumuth	Jun 26	Open Market Sale (S) Market Sale	62,100	-3,631	$4.01	-$14,560
Todd Bazemore	Jun 26	Open Market Sale (S) Market Sale	83,699	-4,058	$4.01	-$16,272
Mark T Iwicki	Jun 26	Open Market Sale (S) Market Sale	258,433	-13,227	$4.01	-$53,040
Romulus K Brazzell	Jun 26	Open Market Sale (S) Market Sale	82,698	-5,251	$4.01	-$21,056

June 15, 2025

ANDREW I KOVEN

Grant/Award Acquisition

Change: +3,050

Price: $0.00

Shares: 16,972

Value: +$0

Howard B Rosen

Grant/Award Acquisition

Change: +2,450

Price: $0.00

Shares: 16,240

Value: +$0

Mark T Iwicki

Grant/Award Acquisition

Change: +2,450

Price: $0.00

Shares: 271,660

Value: +$0

Marjan Farid

Grant/Award Acquisition

Change: +2,450

Price: $0.00

Shares: 10,242

Value: +$0

Insider	Filing Date	Transaction	Shares	Change	Price	Value
ANDREW I KOVEN	Jun 17	Grant/Award Acquisition (A) Compensation/Award	16,972	+3,050	$0.00	+$0
Howard B Rosen	Jun 17	Grant/Award Acquisition (A) Compensation/Award	16,240	+2,450	$0.00	+$0
Mark T Iwicki	Jun 17	Grant/Award Acquisition (A) Compensation/Award	271,660	+2,450	$0.00	+$0
Marjan Farid	Jun 17	Grant/Award Acquisition (A) Compensation/Award	10,242	+2,450	$0.00	+$0