Klarna Billionaire Sebastian Siemiatkowski Buys $10 Million Worth of Shares
Sebastian Siemiatkowski, CEO and billionaire co-founder of Klarna Group plc (KLAR), purchased approximately $9.9 million worth of shares on August 26, 2026, according to an SEC Form 4 filing. The transaction involved the purchase of 692,506 shares at a weighted average price of $14.37 per share through his indirect ownership vehicle, Flat Capital AB. This acquisition increased Siemiatkowski's total indirect stake in Klarna to approximately 7% or around 25 million shares, with the post-transaction value estimated at over $360 million as of August 26 market close. The purchase occurred above both the previous day’s and actual transaction date closing prices. Klarna operates primarily through buy-now-pay-later services, digital banking solutions, and financial tools for consumers and merchants in key markets like the U.S., UK, Germany, and Sweden.
Tickers: $KLAR
Topics: corporate governance finance stock market