SCHEDULE: Key Investors Disclose Significant Stakes in Kodiak AI

Multiple investment entities and individuals have reported beneficial ownership of Kodiak AI, Inc. common stock, with Shigeki Saitoh and Justin Turkat each holding 7.2%.

Summary

• SIP Global Tech Fund I, L.P. and its general partner, SIP Global Tech Fund I, Inc., each beneficially own 2,990,929 shares, representing 1.7% of Kodiak AI, Inc.'s common stock.
• SIP Global Tech Opportunity LLC, SIP Global Tech Opportunity 3 LLC, and SIP Global Tech Opportunity 4 LLC beneficially own 1,454,910 shares (0.8%), 1,117,486 shares (0.6%), and 6,979,874 shares (4.0%) respectively.
• SIP Global Opportunity Manager LLC, the manager for the SIP Global Tech Opportunity entities, beneficially owns 9,552,270 shares, representing 5.5% of the common stock.
• Shigeki Saitoh and Justin Turkat each beneficially own 12,543,199 shares, representing 7.2% of the common stock.
• Matthew Salloway beneficially owns 9,552,270 shares, representing 5.5% of the common stock.
• Jeffrey Smith beneficially owns 2,990,929 shares, representing 1.7% of the common stock.
• The beneficial ownership percentages are based on 174,957,392 shares of common stock outstanding as of September 24, 2025.
• The reporting persons expressly disclaim status as a 'group' for purposes of this Schedule 13G.
• The securities were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of Kodiak AI, Inc.

Sentiment

Score: 6

Explanation: The filing is a factual disclosure of beneficial ownership. The presence of multiple investment entities and individuals holding significant stakes can be interpreted as a moderately positive signal of investor confidence in Kodiak AI, Inc.

Positives

• The presence of multiple investment funds and individuals holding significant stakes indicates institutional interest in Kodiak AI, Inc.

Negatives

• No explicit negatives are disclosed in this beneficial ownership report.

Risks

• No specific risks related to Kodiak AI, Inc.'s operations or financial health are disclosed in this beneficial ownership report.

Future Outlook

This filing is a beneficial ownership report and does not contain any forward-looking statements or guidance regarding Kodiak AI, Inc.'s future outlook.

Industry Context

The disclosure of significant stakes by investment funds and individuals in Kodiak AI, Inc. reflects ongoing investor interest in the artificial intelligence sector, particularly in companies developing advanced AI technologies. Such filings provide transparency into major shareholder positions, which can influence market perception of a company's stability and investor confidence within a rapidly evolving industry.

Comparison to Industry Standards

• This filing is a standard beneficial ownership disclosure and does not provide comparative operational or financial metrics. However, the aggregate ownership by these entities and individuals represents a notable concentration of institutional and insider holdings, which can be a factor for investors assessing company stability and long-term commitment compared to other AI sector players.
• The beneficial ownership percentages, particularly the 7.2% stakes held by Shigeki Saitoh and Justin Turkat, are significant enough to warrant attention, indicating substantial conviction from these investors in Kodiak AI, Inc. relative to typical passive institutional investments in the broader technology or AI sector.

Corporate Governance

Stakeholder Impact

• Shareholders: Provides transparency on significant institutional and individual holdings, which can influence market sentiment and perception of investor confidence.
• Management: Awareness of major shareholders and their respective stakes, though the filing states no intent to influence control.

Key Dates

Keywords

Kodiak AI, Beneficial Ownership, SEC Filing, Schedule 13G, Institutional Investors, AI Technology, Common Stock, Investment Funds