As of August 04, 2026, the three largest insider holders of KALA are Capital Management, L.P. Ra (TenPercentOwner, 7.04Mn shares), Bros. Advisors Lp Baker (Other, 425.01K shares), Hongming Chen (Chief Scientific Officer, 204.51K shares).
| Holder | Position | Shares (Direct) | Shares (Indirect) | Report Date |
|---|---|---|---|---|
| Andrew I Koven | - | 12,172 | 0 | 23 Jun, 2023 |
| Bros. Advisors Lp Baker | - | 0 | 425,006 | 02 Oct, 2025 |
| Romulus K Brazzell | Chief Medical Officer | 35,952 | 0 | 24 Oct, 2025 |
| Howard B Rosen | - | 16,240 | 0 | 17 Jun, 2025 |
| Capital Management, L.P. Ra | - | 0 | 7,039,613 | 26 May, 2022 |
| Mark T Iwicki | Chief Executive Officer | 103,540 | 0 | 24 Oct, 2025 |
| C. Daniel Myers | - | 10,374 | 0 | 17 Jun, 2025 |
| Todd Bazemore | Chief Operating Officer | 35,932 | 0 | 24 Oct, 2025 |
| Mark S. Blumenkranz | - | 0 | 38,965 | 17 Nov, 2021 |
| Eric Trachtenberg | - | 68,066 | 0 | 05 Jan, 2024 |
| Hongming Chen | Chief Scientific Officer | 204,515 | 0 | 28 Oct, 2021 |
| Mary Reumuth | Chief Financial Officer | 28,906 | 0 | 24 Oct, 2025 |
| Darius Kharabi | Chief Business Officer | 41,760 | 0 | 24 Oct, 2025 |
| Marjan Farid | - | 10,242 | 0 | 17 Jun, 2025 |
* Please note that the shares above only reflect shares from the fund portfolio and the institutional portfolio. Shares from the personal portfolio are excluded from this Institutional Ownership Page. See these insiders' latest transactions here on Insider Page.
| Transaction Date | Insider Name | Security Class | Transaction Type | Shares Traded | Price | Shares Remaining | Ownership | Code |
|---|---|---|---|---|---|---|---|---|
| 18 Dec, 2025 | David E. Lazar | Convertible Loan | D | 368,614 | - | 0 | D | J |
| 24 Nov, 2025 | David E. Lazar | Series AA Convertible Preferred Stock | A | 900,000 | - | 900,000 | D | A |
| 22 Oct, 2025 | Darius Kharabi | Common Stock | D | 20,806 | $0.83 | 41,760 | D | S |
| 22 Oct, 2025 | Darius Kharabi | Common Stock | D | 20,806 | $0.83 | 41,760 | D | S |
| 22 Oct, 2025 | Darius Kharabi | Common Stock | D | 20,806 | $0.83 | 41,760 | D | S |
| 22 Oct, 2025 | Mary Reumuth | Common Stock | D | 32,230 | $0.83 | 29,873 | D | S |
| 22 Oct, 2025 | Romulus K Brazzell | Common Stock | D | 46,748 | $0.83 | 35,952 | D | S |
| 22 Oct, 2025 | Mary Reumuth | Common Stock | D | 32,230 | $0.83 | 29,873 | D | S |
| 22 Oct, 2025 | Todd Bazemore | Common Stock | D | 47,768 | $0.83 | 35,932 | D | S |
| 22 Oct, 2025 | Mary Reumuth | Common Stock | D | 32,230 | $0.83 | 29,873 | D | S |
| 23 Oct, 2025 | Mark T Iwicki | Common Stock | D | 154,894 | $0.81 | 103,540 | D | S |
| 23 Oct, 2025 | Mary Reumuth | Common Stock | D | 967 | $0.82 | 28,906 | D | S |
| 23 Oct, 2025 | Mary Reumuth | Common Stock | D | 967 | $0.82 | 28,906 | D | S |
| 23 Oct, 2025 | Mary Reumuth | Common Stock | D | 967 | $0.82 | 28,906 | D | S |
| 30 Sep, 2025 | Bros. Advisors Lp Baker | Common Stock | D | 21,376 | $1.60 | 97,120 | I | S |
| 30 Sep, 2025 | Bros. Advisors Lp Baker | Common Stock | D | 195,425 | $1.60 | 887,973 | I | S |
| 01 Oct, 2025 | Bros. Advisors Lp Baker | Common Stock | D | 50,640 | $1.38 | 46,480 | I | S |
| 01 Oct, 2025 | Bros. Advisors Lp Baker | Common Stock | D | 462,967 | $1.38 | 425,006 | I | S |
| 29 Aug, 2025 | Todd Bazemore | Stock Option (right to buy) | A | 180,000 | $0.00 | 180,000 | D | A |
| 24 Jun, 2025 | Todd Bazemore | Common Stock | D | 4,058 | $4.01 | 83,699 | D | S |