An executive at Klarna received options tied to shares worth $13.04 — the cost to buy them hinges on whether the company’s value rises over four years

An executive at Klarna received options tied to shares worth $13.04 — the cost to buy them hinges on whether the company’s value rises over four years.

Chief Operating Officer Camilla Giesecke was granted 117,163 Klarna Group plc options as part of her compensation package. Each option carries an exercise price of $13.04 per underlying ordinary share, meaning Giesecke can purchase those shares at that rate when the options vest.

The options will become exercisable on June 30, 2026, more than two years from the grant date. If she does not exercise them by September 30, 2030, they expire.

After this award, Giesecke now holds 1,864,999 derivative securities linked to Klarna ordinary shares, all held directly. The value of the grant is contingent on Klarna’s share price exceeding $13.04 before the expiration date — a bet on the company’s future performance embedded in executive pay.