02/27/2026 | Press release | Distributed by Public on 02/27/2026 16:54
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FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) | ||
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1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
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Kleiner Perkins Caufield & Byers XVII, LLC 2750 SAND HILL ROAD MENLO PARK, CA 94025 |
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KPCB XVII Associates, LLC 2750 SAND HILL ROAD MENLO PARK, CA 94025 |
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| /s/ Kleiner Perkins Caufield & Byers XVII, LLC By: /s/ Susan Biglieri, Chief Financial Officer | 02/27/2026 | |
| **Signature of Reporting Person | Date | |
| /s/ KPCB XVII Associates, LLC By: /s/ Susan Biglieri, Chief Financial Officer | 02/27/2026 | |
| **Signature of Reporting Person | Date |
| * | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
| ** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
| (1) | Represents a pro-rata in-kind distribution, and not a purchase or sale, without additional consideration by Kleiner Perkins Caufield & Byers XVII, LLC ("KPCB XVII") of Class A Common Stock of the Issuer to its members, including KPCB XVII Associates, LLC ("KPCB XVII Associates," and such distribution, the "KPCB XVII Distribution"). |
| (2) | These securities are held for convenience in the name of "KPCB Holdings, Inc., as nominee" for the accounts of these entities. The managing member of KPCB XVII and KPCB XVII Founders Fund, LLC ("KPCB XVII Founders") is KPCB XVII Associates. Theodore E. Schlein, Beth Seidenberg, Mamoon Hamid and Ilya Fushman, the managing members of KPCB XVII Associates, exercise shared voting and dispositive control over the shares held by KPCB XVII and KPCB XVII Founders. Such managing members disclaim beneficial ownership of all shares held by KPCB XVII and KPCB XVII Founders except to the extent of their pecuniary interest therein. |
| (3) | Represents a pro-rata in-kind distribution, and not a purchase or sale, without additional consideration by KPCB XVII Founders of Class A Common Stock of the Issuer to its members. |
| (4) | Represents a change in the form of ownership as a result of the receipt by KPCB XVII Associates of shares of Class A Common Stock of the Issuer in the KPCB XVII Distribution. |
| (5) | Represents a pro-rata in-kind distribution, and not a purchase or sale, without additional consideration by KPCB XVII Associates of Class A Common Stock of the Issuer to its members. |