Donald L. Burnette's Schedule 13D Filing for Kodiak AI, Inc.
Donald L. Burnette, the Chief Executive Officer of Kodiak AI, Inc., filed a Schedule 13D to disclose his beneficial ownership of the company's common stock. As of September 24, 2025, Burnette beneficially owns 27,300,969 shares, representing 15.1% of the outstanding common stock. This ownership includes 25,915,204 shares held directly by Burnette and 1,385,765 shares held by the Burnette Family Irrevocable Trust. Additionally, Burnette holds unvested options to purchase 1,017,084 shares and restricted stock units for 349,425 shares. The shares were acquired through a business combination between Kodiak AI, Inc. and Legacy Kodiak, which closed on September 24, 2025. Burnette may influence corporate activities due to his position as CEO and board member, but he has no present plans for major transactions. The filing also details registration rights and lock-up obligations related to the shares.