# EDGAR Filing Document

**Accession Number:** 0001853138
**File Stem:** 0001104659-25-095698
**Filing Date:** 2025-10
**Character Count:** 13914
**Document Hash:** 1245b5ecf8a9dd92562339a1852c88a5
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-25-095698.hdr.sgml**: 20251001

**ACCESSION NUMBER**: 0001104659-25-095698

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13D

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20251001

**DATE AS OF CHANGE**: 20251001

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Kodiak AI, Inc.
- **CENTRAL INDEX KEY:** 0001853138
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373]
- **ORGANIZATION NAME:** 06 Technology
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-94351
- **FILM NUMBER:** 251365749

**BUSINESS ADDRESS:**
- **STREET 1:** 1049 TERRA BELLA AVENUE
- **CITY:** MOUNTAIN VIEW
- **STATE:** CA
- **ZIP:** 94043
- **BUSINESS PHONE:** 650-209-8005

**MAIL ADDRESS:**
- **STREET 1:** 1049 TERRA BELLA AVENUE
- **CITY:** MOUNTAIN VIEW
- **STATE:** CA
- **ZIP:** 94043

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Kodiak Al, Inc.
- **DATE OF NAME CHANGE:** 20250924

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Ares Acquisition Corp II
- **DATE OF NAME CHANGE:** 20210324
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Burnette Donald L.
- **CENTRAL INDEX KEY:** 0002080471

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D

**MAIL ADDRESS:**
- **STREET 1:** C/O KODIAK ROBOTICS, INC.
- **STREET 2:** 1049 TERRA BELLA AVENUE
- **CITY:** MOUNTAIN VIEW
- **STATE:** CA
- **ZIP:** 94043

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13D

### Under the Securities Exchange Act of 1934

**Kodiak AI, Inc.**

*(Name of Issuer)*

**Common Stock, par value $0.0001 per share**

*(Title of Class of Securities)*

**500081104**

*(CUSIP Number)*

**Jordan Coleman**<br>Kodiak AI, Inc.<br>1049 Terra Bella Avenue<br>Mountain View CA 94043<br>(650) 209-8005

*(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)*

**09/24/2025**

*(Date of Event Which Requires Filing of this Statement)*

| **CUSIP No.** | **500081104** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Burnette Donald L.** | Name of reporting person<br>**Burnette Donald L.** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**PF** | Source of funds (See Instructions)<br>**PF** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**X1** | Citizenship or place of organization<br>**X1** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**25915204.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**1385765.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**25915204.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**1385765.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**27300969.00** | Aggregate amount beneficially owned by each reporting person<br>**27300969.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**15.1%** | Percent of class represented by amount in Row (11)<br>**15.1%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

**Comment for Reporting Person:** (1)  With respect to Rows 7, 9 and 11, includes 25,915,204 shares held by Donald L. Burnette.

(2)  With respect to Rows 8, 10 and 11, includes 1,385,765 shares held by Citizens Trust Company of Delaware, Trustee of the Burnette Family Irrevocable Trust dated August 11, 2025.

(3)  With respect to Row 13, the percentage is based on the quotient obtained by dividing (a) the number of shares of Common Stock beneficially owned by Mr. Burnette by (b) the sum of 181,207,392 shares of Common Stock of the Issuer outstanding as of September 24, 2025, immediately after giving effect to the consummation of the Business Combination (as defined in Item 3 below).

**Item 1. Security and Issuer**

**(a) Title of Class of Securities:**
Common Stock, par value $0.0001 per share

**(b) Name of Issuer:**
Kodiak AI, Inc.

**(c) Address of Issuer's Principal Executive Offices:**
1049 TERRA BELLA AVENUE, MOUNTAIN VIEW, CA, 94043

This Schedule 13D relates to the shares of Common Stock, par value $0.0001 per share ("Common
Stock"), of Kodiak AI, Inc. (f/k/a Ares Acquisition Corporation II) (the "Issuer"). The principal executive offices of the Issuer are located at 1049 Terra Bella Avenue, Mountain View, CA 94043. The Issuer's Common Stock is listed on the Nasdaq Stock Market LLC under the symbol "KDK."

**Item 4. Purpose of Transaction**

The information set forth in or incorporated by reference into Item 3 of this Schedule 13D is hereby incorporated by reference in its entirety into this Item 4.

At the Closing, pursuant to the terms of the Business Combination Agreement, the Reporting Person became the beneficial owner of (i) 25,915,204 shares of Common Stock held by the Reporting Person, (ii) 1,385,765 shares of Common Stock held by Citizens Trust Company of Delaware, Trustee of the Burnette Family Irrevocable Trust dated August 11, 2025 (the "Burnette Family Trust"), (iii) unvested options to purchase 1,017,084 shares of Common Stock held by the Reporting Person (the "Options"), and (iv) restricted stock units for 349,425 shares of Common Stock held by the Reporting Person (the "Earn Out RSUs"). 1/8th of the shares subject to the Options shall vest on December 30, 2025, and 1/48th of the shares subject to the Options shall vest each month thereafter, subject to the Reporting Person continuing as a service provider through each such date (the "Option Vesting Terms"). The Earn Out RSUs are subject to both (1) a performance-based vesting condition, which will be satisfied as to 1/3rd of the Earn Out RSUs if the Issuer's Common Stock achieves a price per share, for any period of 20 trading days out of 30 consecutive trading days occurring prior to the earlier of (i) September 24, 2029, or (ii) a change of control of the Issuer, that equals or exceeds the following thresholds, respectively: $18.00, $23.00 and $28.00 and (2) a service-based vesting condition, satisfied on substantially the same terms as the Option Vesting Terms.

At the Closing, pursuant to the terms of the Business Combination Agreement, the Reporting Person also became eligible to receive up to 8,903,370 shares of Common Stock and the Burnette Family Trust became eligible to receive up to 476,088 shares of Common Stock (together, the "Earn Out Securities"), subject to the achievement of certain performance-based milestones, which will be satisfied as to 1/3rd of the Earn Out Securities if the Issuer's Common Stock achieves a price per share, for any period of 20 trading days out of 30 consecutive trading days occurring prior to the earlier of (i) September 24, 2029, or (ii) a change of control of the Issuer, that equals or exceeds the following thresholds, respectively: $18.00, $23.00 and $28.00.

The Reporting Person serves as Chief Executive Officer of the Issuer and as a member of the Issuer's board of directors and, in such capacities, may have influence over the corporate activities of the Issuer, including activities that may relate to items described in subparagraphs (a) through (j) of Item 4 of Schedule 13D. Subject to the Issuer's Bylaws (the "Bylaws"), as described in Item 6 of this Schedule 13D, and the Issuer's Insider Trading Policy (the "Insider Trading Policy"), the Reporting Person may from time to time buy or sell securities of the Issuer as appropriate for his personal circumstances.

Except as described herein, the Reporting Person does not have any present plans or proposals that relate to or would result in any of the transactions described in subparagraphs (a) through (j) of Item 4 of Schedule 13D. However, the Reporting Person reserves the right to formulate in the future plans or proposals that may relate to or result in the transactions described in subparagraphs (a) through (j) of Item 4 of Schedule 13D.

The Reporting Person may, from time to time, purchase additional securities of the Issuer either in the open market or in privately negotiated transactions, depending upon the Reporting Person's evaluation of the Issuer's business, prospects and financial condition, the market for such securities, other opportunities available to the Reporting Person, general economic conditions, stock market conditions and other factors. Depending upon the factors noted above, the Reporting Person may also decide to hold or dispose of all or part of his investments in securities of the Issuer and/or enter into derivative transactions with institutional counterparties with respect to the Issuer's securities, subject to the limitations under the Bylaws, Insider Trading Policy and securities law.

**Item 5. Interest in Securities of the Issuer**

**(a)**
As of the date of this Schedule 13D, the Reporting Person beneficially owns an aggregate of 27,300,969 shares of Common Stock, or 15.1% of the Issuer's Common Stock. The beneficial ownership percentages used in this Schedule 13D are calculated based on a total of 181,207,392 shares of Common Stock outstanding as of September 24, 2025, immediately after giving effect to the consummation of the Business Combination.

**(b)**
The Reporting Person and the Reporting Person's spouse, Chelsea Burnette, share voting and dispositive power with respect to 1,385,765 shares of Common Stock held by the Burnette Family Trust. The Reporting Person has sole voting and dispositive power with respect to 25,915,204 shares of Common Stock held directly by the Reporting Person.

Mrs. Burnette's principal occupation is serving as Director of Engineering - Photos of Apple Inc. Otherwise, the information with respect to the Reporting Person in Item 2 of this Schedule 13D applies equally to Mrs. Burnette.

**(c)**
Except as described in Items 3 and 4 of this Schedule 13D, which descriptions are incorporated herein by reference, the Reporting Person has not effected any transactions in the Common Stock during the past 60 days.

**Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.**

A&amp;R Registration Rights Agreement

At the Closing, the Issuer, Ares Acquisition Holdings II LP, a Cayman Islands exempted limited partnership, and certain Legacy Kodiak securityholders, including the Reporting Person, entered into that certain Amended and Restated Registration Rights Agreement (the "A&amp;R Registration Rights Agreement"), which provides that the holders named therein (the "Holders"), including the Reporting Person, have been granted certain customary rights, on the terms and conditions in the A&amp;R Registration Rights Agreement, with respect to securities of Kodiak they hold following the Business Combination. Pursuant to the terms of the A&amp;R Registration Rights Agreement, the Issuer is obligated to, among other things, file a registration statement to register the resale of certain securities of Issuer held by Holders. In addition, pursuant to the terms of the A&amp;R Registration Rights Agreement and subject to certain requirements and customary conditions, including with regard to the number of demand rights that may be exercised, the Holders may demand at any time or from time to time, that Issuer file a registration statement on Form S-3 (or on Form S-1 if Form S-3 is not available) to register the securities of Issuer held by the Holders. The A&amp;R Registration Rights Agreement also provides the Holders with "piggy-back" registration rights, subject to certain requirements and customary conditions.

Lock-Up Obligations

The Bylaws of the Issuer provide that the securities of the Issuer received as consideration pursuant to the Business Combination Agreement may generally not be transferred until the earlier of (A) September 24, 2026 or (B) such date on which the Issuer completes a liquidation, merger, stock exchange or other similar transaction that results in all of the Issuer's stockholders having the right to exchange their shares of the Issuer's capital stock for cash, securities or other property. If the closing price per share of Common Stock equals or exceeds $12.00 for 20 of 30 consecutive trading days commencing on or after February 21, 2026, then the transfer restrictions described above will expire.

The foregoing descriptions of the A&amp;R Registration Agreement and Bylaws do not purport to be complete and are qualified in their entirety by the full text of the A&amp;R Registration Agreement and the Bylaws, copies of which are attached as exhibits to this Schedule 13D and are incorporated herein by reference.

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Burnette Donald L.

**Signature:** /s/ Donald L. Burnette

**Name/Title:** Donald L. Burnette

**Date:** 10/01/2025