KALA BIO, Inc. KALA NASDAQ

NASDAQ Global Select • Healthcare • Biotechnology • US • USD

SharesGrow Score

39/100

2/6 Pass

SharesGrow Intrinsic Value

KALA BIO, Inc. (KALA) has 20 known insider and institutional holders on record. The largest holder is Shah Rajeev M. with 7,039,613 shares. Other notable holders include RA CAPITAL MANAGEMENT, L.P. and RA CAPITAL MANAGEMENT, LLC.

Over the last 12 months, insiders have made 37 transactions in KALA stock — 9 buys (valued at $2.21M) and 18 sells (valued at $556.43K). Insider selling has exceeded buying during this period.

KALA Insider Ownership

Top Holder

Shah Rajeev M.

7,039,613 shares

Buys (12 mo)

$2.21M value

Sells (12 mo)

$556.43K value

12-Month Transaction Activity

Buy 24%

Sell 49%

Top Insider Holders

#	Name	Role	Shares Owned	Last Filed	Relative Size
1	Shah Rajeev M.	Director	7,039,613	2022-05-26	100%
2	Ra Capital Management, L.p.	10 Percent Owner	7,039,613	2022-05-26	100%
3	Ra Capital Management, Llc	10 Percent Owner	4,537,478	2018-10-05	64%
4	Orbimed Advisors Llc	10 Percent Owner	3,447,840	2018-02-12	49%
5	Oxford Finance Llc	10 Percent Owner	1,620,000	2025-12-03	23%
6	Lazar David E.	Chief Executive Officer	900,000	2025-11-26	13%
7	Hanes Justin	10 Percent Owner	601,923	2017-07-19	9%
8	Chen Hongming	Chief Scientific Officer	225,566	2021-10-28	3%
9	Cdk Associates, L.l.c.	10 Percent Owner	215,000	2017-07-20	3%
10	Iwicki Mark T	Director	103,540	2025-10-24	1%
11	Baker Bros. Advisors Lp	Other: Former 10% Owner	97,120	2025-10-02	1%
12	Kharabi Darius	Chief Business Officer	41,760	2025-10-24	1%
13	Paull Robert Bradley	Director	40,000	2022-06-17	1%
14	Grunberg Gregory	Director	40,000	2021-06-21	1%
15	Brazzell Romulus K	See Remarks	35,952	2025-10-24	1%
16	Bazemore Todd	Director	35,932	2025-10-24	1%
17	Reumuth Mary	Chief Financial Officer	29,873	2025-10-24	0%
18	Trachtenberg Eric	See Remarks	20,500	2024-01-05	0%
19	Hill Paulina	Director	12,960	2018-06-14	0%
20	Langer Robert	Director	12,960	2018-06-15	0%

Recent Transactions (last 12 months)

Date	Name	Role	Type	Shares	Price	Value
2026-01-30	Purdy Brendan P.	Director	Unknown	-	-	-
2026-01-30	Berger Chaim D.	Director	Unknown	-	-	-
2026-01-30	Colman Yonatan C.	Director	Unknown	-	-	-
2026-01-30	Minkowitz Avraham	Chief Executive Officer	Unknown	-	-	-
2026-01-30	Posen Hillel D.	Director	Unknown	-	-	-
2025-12-18	Lazar David E.	Chief Executive Officer	Other (Sell)	368,614	$1.02	$374.88K
2025-11-25	Oxford Finance Llc	10 Percent Owner	Unknown	-	-	-
2025-11-23	Lazar David E.	Chief Executive Officer	Unknown	-	-	-
2025-11-09	Lazar David E.	Chief Executive Officer	Unknown	368,614	$1.02	$374.88K
2025-11-24	Lazar David E.	Chief Executive Officer	RSU Award	900,000	-	-
2025-11-24	Lazar David E.	Chief Executive Officer	Unknown	-	-	-
2025-10-22	Kharabi Darius	Chief Business Officer	Informative Sell	20,806	$0.83	$17.27K
2025-10-23	Reumuth Mary	Chief Financial Officer	Informative Sell	967	$0.82	$792.94
2025-10-22	Reumuth Mary	Chief Financial Officer	Informative Sell	32,230	$0.83	$26.75K
2025-10-22	Bazemore Todd	Director	Informative Sell	47,768	$0.83	$39.65K
2025-10-23	Iwicki Mark T	Director	Informative Sell	154,894	$0.81	$125.46K
2025-10-22	Brazzell Romulus K	See Remarks	Informative Sell	46,748	$0.83	$38.8K
2025-10-01	Baker Bros. Advisors Lp	Other: Former 10% Owner	Informative Sell	50,640	$1.38	$70.08K
2025-09-30	Baker Bros. Advisors Lp	Other: Former 10% Owner	Informative Sell	21,376	$1.60	$34.11K
2025-08-29	Bazemore Todd	See Remarks	RSU Award	180,000	$11.22	$2.02M
2025-06-24	Kharabi Darius	Chief Business Officer	Informative Sell	4,511	$4.01	$18.09K
2025-06-24	Reumuth Mary	Chief Financial Officer	Informative Sell	3,631	$4.01	$14.56K
2025-06-24	Bazemore Todd	See Remarks	Informative Sell	4,058	$4.01	$16.27K
2025-06-24	Iwicki Mark T	Director	Informative Sell	13,227	$4.01	$53.04K
2025-06-24	Brazzell Romulus K	See Remarks	Informative Sell	5,251	$4.01	$21.06K