<SEC-DOCUMENT>0002099428-26-000001.txt : 20260317
<SEC-HEADER>0002099428-26-000001.hdr.sgml : 20260317
<ACCEPTANCE-DATETIME>20260317093353
ACCESSION NUMBER:		0002099428-26-000001
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20260317
FILED AS OF DATE:		20260317
DATE AS OF CHANGE:		20260317

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Sykes David
		CENTRAL INDEX KEY:			0002099428
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-42832
		FILM NUMBER:		26759406

	MAIL ADDRESS:	
		ADDRESS IS A NON US LOCATION: 	YES
		STREET 1:		10 YORK ROAD
		CITY:			LONDON
		PROVINCE COUNTRY:   	X0
		ZIP:			SE1 7ND

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Klarna Group plc
		CENTRAL INDEX KEY:			0002003292
		STANDARD INDUSTRIAL CLASSIFICATION:	FINANCE SERVICES [6199]
		ORGANIZATION NAME:           	02 Finance
		EIN:				000000000
		STATE OF INCORPORATION:			X0
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		10 YORK ROAD
		CITY:			LONDON
		STATE:			X0
		ZIP:			SE1 7ND
		BUSINESS PHONE:		0046734205795

	MAIL ADDRESS:	
		STREET 1:		10 YORK ROAD
		CITY:			LONDON
		STATE:			X0
		ZIP:			SE1 7ND

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Klarna UK II plc
		DATE OF NAME CHANGE:	20231205
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>primary_doc.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0206</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2026-03-17</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0002003292</issuerCik>
        <issuerName>Klarna Group plc</issuerName>
        <issuerTradingSymbol>KLAR</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0002099428</rptOwnerCik>
            <rptOwnerName>Sykes David</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>10 YORK ROAD</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>LONDON</rptOwnerCity>
            <rptOwnerState>X0</rptOwnerState>
            <rptOwnerZipCode>SE1 7ND</rptOwnerZipCode>
            <rptOwnerStateDescription>UNITED KINGDOM</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Chief Commercial Officer</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Klarna Group plc Ordinary Shares</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>135464</value>
                    <footnoteId id="F9"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeHolding>
            <securityTitle>
                <value>Larkan AB Restricted Stock Units</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F1"/>
            </conversionOrExercisePrice>
            <exerciseDate>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F1"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Klarna Group plc ordinary shares</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <footnoteId id="F1"/>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Larkan SPV Warrants L4:1</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>6885.33</value>
                <footnoteId id="F3"/>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2027-09-01</value>
            </exerciseDate>
            <expirationDate>
                <value>2027-11-15</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Klarna Group plc ordinary shares</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>881544</value>
                    <footnoteId id="F2"/>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Larkan SPV Warrants L4:2</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>2295.11</value>
                <footnoteId id="F3"/>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2027-09-01</value>
            </exerciseDate>
            <expirationDate>
                <value>2027-11-15</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Klarna Group plc ordinary shares</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>13824</value>
                    <footnoteId id="F4"/>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Larkan SPV Warrant L5:1</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>2295.11</value>
                <footnoteId id="F3"/>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2027-09-01</value>
            </exerciseDate>
            <expirationDate>
                <value>2027-11-15</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Klarna Group plc ordinary shares</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>17280</value>
                    <footnoteId id="F5"/>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Larkan SPV Warrant L5:2</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>6885.33</value>
                <footnoteId id="F3"/>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2027-09-01</value>
            </exerciseDate>
            <expirationDate>
                <value>2027-11-15</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Klarna Group plc ordinary shares</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>856236</value>
                    <footnoteId id="F6"/>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Larkan SPV Warrants L10:2</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>6885.33</value>
                <footnoteId id="F3"/>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2028-09-01</value>
            </exerciseDate>
            <expirationDate>
                <value>2028-11-30</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Klarna Group plc ordinary shares</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>385968</value>
                    <footnoteId id="F7"/>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Klarna Group plc Options</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>748.5</value>
                <footnoteId id="F3"/>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2026-03-05</value>
            </exerciseDate>
            <expirationDate>
                <value>2029-09-05</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Klarna Group plc ordinary shares</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>442344</value>
                    <footnoteId id="F8"/>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Klarna Group plc Options</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>1122.75</value>
                <footnoteId id="F3"/>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2026-03-05</value>
            </exerciseDate>
            <expirationDate>
                <value>2029-09-05</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Klarna Group plc ordinary shares</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>983340</value>
                    <footnoteId id="F8"/>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Represents 19,033 restricted stock units in Larkan AB (Larkan), an indirect subsidiary of Klarna Group plc (the Issuer). Once shares of Larkan are delivered in settlement of the restricted stock units, approximately four shares of Larkan are convertible into one Klarna Group plc ordinary share (Shares). Restricted Stock Units in Larkan vest quarterly, at a total vesting of 25% of the initial grant per year.</footnote>
        <footnote id="F2">Represents warrants to acquire 73,462 shares of Larkan IV AB, a direct subsidiary of the Issuer. Each underlying share of Larkan IV AB is convertible into approximately twelve Shares based on a formula set forth in the applicable award agreement, resulting in 881,544 Shares being subject to the warrant, that is vesting annually by 20% for a period of four years with an additional 20% vesting on August 27, 2027.</footnote>
        <footnote id="F3">This is in SEK.</footnote>
        <footnote id="F4">Represents warrants to acquire 1,152 shares of Larkan IV AB, a direct subsidiary of the Issuer. Each underlying share of Larkan IV AB is convertible into approximately twelve Shares based on a formula set forth in the applicable award agreement, resulting in 13,824 Shares being subject to the warrant, that is vesting annually by 20% for a period of four years with an additional 20% vesting on August 27, 2027.</footnote>
        <footnote id="F5">Represents warrants to acquire 1,440 shares of Larkan V AB, a direct subsidiary of the Issuer. Each underlying share of Larkan V AB is convertible into approximately twelve Shares based on a formula set forth in the applicable award agreement, resulting in 17,280 Shares being subject to the warrant, that is vesting annually by 20% for a period of four years with an additional 20% vesting on August 27, 2027.</footnote>
        <footnote id="F6">Represents warrants to acquire 71,353 shares of Larkan V AB, a direct subsidiary of the Issuer. Each underlying share of Larkan V AB is convertible into approximately twelve Shares based on a formula set forth in the applicable award agreement, resulting in 856,236 Shares being subject to the warrant, that is vesting annually by 20% for a period of four years with an additional 20% vesting on August 27, 2027.</footnote>
        <footnote id="F7">Represents warrants to acquire 32,164 shares of Larkan X AB, a direct subsidiary of the Issuer. Each underlying share of Larkan X AB is convertible into approximately twelve Shares based on a formula set forth in the applicable award agreement, resulting in 385,968 Shares being subject to the warrant, that is vesting annually in equal installments.</footnote>
        <footnote id="F8">Represents an option to acquire Shares that vest in four equal annual installments beginning on the first anniversary of the grant date.</footnote>
        <footnote id="F9">In addition to the ordinary shares reported in this Form 3 the reporting person beneficially owns a number of the Klarna Group plcs Class B shares.  Each Class B share is entitled to 10 votes per share.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Boudien Moerman, as attorney-in-fact</signatureName>
        <signatureDate>2026-03-17</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
