Point72 Asset Management Reduces Stake in Kodiak Sciences Inc. to 1.0%

Point72 Asset Management, L.P., Point72 Capital Advisors, Inc., and Steven A. Cohen have filed a Schedule 13G regarding their holdings in Kodiak Sciences Inc. (KOD). As of April 1, 2026, the reporting persons collectively beneficially own 609,806 shares of common stock, representing 1.0% of the company. This marks a significant decrease from their previous position of 2,166,929 shares, which represented a 3.5% ownership stake. The reduction in holdings below the 5% threshold triggered this filing. Point72 Asset Management maintains investment and voting power over the shares held by an investment fund it manages, while Steven A. Cohen controls Point72 Asset Management and Point72 Capital Advisors Inc. The filing includes a joint filing agreement among the reporting entities. The securities were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer.