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Klarna Group plc (KLAR) Chair Michael Moritz Buys $49.9M in Shares, SEC Filings Show

We recently compiled a list of the 11 Technology Stocks with Insider Buying in 2026. Klarna Group plc (NYSE:KLAR) is one of the stocks with Insider buying.

TheFly reported on March 13 that KLAR Group reported insider transactions filed with the U.S. SEC on Form 3. Between March 3 and March 11, 2026, Michael Moritz, Chairman of the Board, acquired 3,472,845 ordinary shares through an affiliated entity, with the total purchase valued at approximately $49.9 million. These filings reflect Moritz’s direct investment in the company during this period. The disclosure provides transparency regarding insider activity at KLAR, highlighting significant purchases by the Board Chair that may indicate confidence in the company’s outlook. No other officer transactions are included in this summary.

Earlier on March 6, Klarna Group plc (NYSE:KLAR) issued a clarification regarding the March 9 lock-up expiration to provide accurate details on share trading mechanics and prior liquidity opportunities. Of the 378 million shares outstanding, roughly 335 million were under lock-up, split between depository receipt holders and non-affiliate pre-IPO shareholders.

Pre-IPO shares must be converted through Computershare before trading on U.S. broker-dealers, a process that takes about 7–10 business days. The company emphasized that prior employee and shareholder transactions, including IPO sales and quarterly liquidity windows, mean March 9 is not the first chance for insiders or pre-IPO shareholders to sell.

Klarna Group plc (NYSE:KLAR) is a global fintech company offering buy‑now‑pay‑later (BNPL) payment solutions, online banking services, and consumer financing to shoppers and merchants.

While we acknowledge the risk and potential of KLAR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than KLAR and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years. 

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When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
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