$KALA

$0.18 -$0.01 (5.59%) Close

$KALA Overview Financial Statements SEC Filings Executives News Red Flags Capital Raising Ownership Insider Transactions Congressional Trades

Ownership

13F as of Q2 2026 · 19.3M shares outstanding

Who owns KALA?

By type of holder

Institutions 3.6% Insiders 27.6% Everyone else 68.8%

Concentration Top 10 holders own 29.4%

Oxford Finance LLC 18.9% · Lazar David E. 3.7%

Institutional ownership

3.6%

-5.2 pts vs last qtr

Institutional holders

-13 vs last qtr

Net shares bought

−999.4K

by institutions in Q2 2026

New / sold out

4 / 17

positions opened vs closed

How is ownership changing?

Institutions, last 8 quarters

Biggest buyers in Q2 2026

Vanguard Capital Management LLC +160.1K
Vanguard Fiduciary Trust Co +71.8K

Biggest sellers in Q2 2026

Renaissance Technologies LLC SOLD OUT −417.5K
Citadel Advisors LLC SOLD OUT −281.7K

Who is planning to sell?

Notices of proposed sale, last 12 months

$10.6K

3 notices from 3 people

Shares covered

37.2K

0.19% of the company

Arranged in advance

of the value is under a 10b5-1 plan

Under a 10b5-1 plan No plan

Largest proposed sellers

Howard B Rosen Director $3.98K
Andrew I Koven Director $3.82K

Every notice on Red Flags →

A Form 144 is notice of a planned sale, not the sale itself. What insiders actually sold is on Insider Transactions.

Is your stake being diluted?

Diluted share count, FY2024–FY2025

+114.7%

+114.65% a year

Each share's claim on the business

−53.4%

shrank without buying or selling a share

Spent on buybacks vs paid in stock

— vs $15.4M

over 2 fiscal years

Diluted shares, split-adjusted

Buybacks Stock-based comp

How patient are the owners?

Institutional shares by how long they've been held

5+ years0% 3–5 years78% 1–3 years6% Under 1 year16%

Quarterly turnover

52.6%

of institutional shares changed hands

Top 10 managers, median time held

3 years

Super Investors

Investment managers reporting KALA on Form 13F

Holder	Shares	% of company	Change vs last qtr	Held since	% of their book
RT Renaissance Technologies LLC	—	—	SOLD OUT	—	0.0%
Shares held by quarter Peak holding417.5K (Q1'26) Change over 8 quarters−21.5K Renaissance Technologies LLC's full portfolio →
CA Citadel Advisors LLC	—	—	SOLD OUT	—	0.0%
Shares held by quarter Peak holding281.7K (Q1'26) Change over 8 quarters0 Citadel Advisors LLC's full portfolio →

Renaissance Technologies LLC

—

% of company

—

Change vs last qtr

SOLD OUT

Held since

—

Citadel Advisors LLC

—

% of company

—

Change vs last qtr

SOLD OUT

Held since

—

17 more super investors behind a free account

See every manager holding KALA BIO Inc, how their position has changed, and how long they've held it.

Institutional Funds

Mutual funds and ETFs reporting KALA on Form N-PORT; together they hold 2.0% of the company

Fund	Position value	Shares	% of company	% of the fund	As of
VE Vanguard Extended Market Index Fund Vanguard Index Funds	$382K	220.6K	1.14%	0.00%	June 30, 2026
FE Fidelity Extended Market Index Fund Fidelity Concord Street Trust	$65.6K	96.0K	0.50%	0.00%	August 31, 2026

Vanguard Extended Market Index Fund

Vanguard Index Funds

Position value

$382K

% of company

1.14%

% of the fund

0.00%

As of

June 30, 2026

Fidelity Extended Market Index Fund

Fidelity Concord Street Trust

Position value

$65.6K

% of company

0.50%

% of the fund

0.00%

As of

August 31, 2026

4 more funds behind a free account

See every fund holding KALA BIO Inc and how much of the fund the position is.

Insiders and 5%+ holders

From Forms 3/4/5 and Schedules 13D/G

Holder	Shares	% of company	Change vs last qtr	8 quarters	Held since	% of their book
OF Oxford Finance LLC Insider	3.7M	18.93%	—	—	—	—
Insider holdings come from Form 3/4/5 filings, which are not quarterly. Share of the company18.930% Oxford Finance LLC's insider activity →
LD Lazar David E. 5%+ holder 13D · 3.9%	719.4K	3.72%	—	—	—	—
This holder reports through Schedule 13D/G, not a quarterly 13F. Share of the company3.720% Disclosed stake13D · 3.9% View the 13D/G filing →

Oxford Finance LLC

Insider

3.7M

% of company

18.93%

Change vs last qtr

—

Held since

—

Lazar David E.

5%+ holder13D · 3.9%

719.4K

% of company

3.72%

Change vs last qtr

—

Held since

—

11 more holders behind a free account

See every insider and 5%+ holder of KALA BIO Inc.

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