Klaviyo, Inc. (NYSE: KVYO) sees Rule 144 notice for 2.96M-share stock sale
Rhea-AI Filing Summary
Klaviyo, Inc. has a notice of proposed sale of Series A common stock by Goldman Sachs & Co. LLC under Rule 144. The filing lists 2,955,112 shares of Series A common stock, par value $0.001 per share, to be sold on the NYSE with an aggregate market value of $54,255,856.32. It also notes that 32,170,006 equity interests in Klaviyo were purchased in pre-IPO transactions on September 20, 2023.
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Key Figures
Shares proposed for sale: 2,955,112 shares
Aggregate market value: $54,255,856.32
Pre-IPO equity interests purchased: 32,170,006
+2 more
5 metrics
Shares proposed for sale
2,955,112 shares
Series A common stock to be sold under Rule 144
Aggregate market value
$54,255,856.32
Value associated with 2,955,112 shares of Series A common stock
Pre-IPO equity interests purchased
32,170,006
Equity interests in Klaviyo purchased in pre-IPO transactions on 09/20/2023
Pre-IPO transaction date
09/20/2023
Date equity interests in the issuer were purchased pre-IPO
Intended sale market
NYSE
Listed marketplace for the proposed sale of Series A common stock
Key Terms
Rule 144, Series A common stock, pre-IPO transactions, equity interests
4 terms
Rule 144 regulatory
"144: Securities To Be Sold"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Series A common stock financial
"Series A common stock, par value $0.001 per share"
Series A common stock is a specific class of a company’s ordinary shares issued during an early formal funding round, carrying the ownership rights and voting power tied to that class. For investors it signals an early-stage equity claim with potential upside if the business grows, but also greater risk and typically less liquidity than shares in mature, publicly traded firms—imagine buying a seat on a startup’s team before the company has proven itself.
pre-IPO transactions financial
"Pre-IPO Transactions | Klaviyo, Inc."
equity interests financial
"Equity interests in the Issuer were purchased pre-IPO."
Equity interests are an ownership stake in a company—usually represented by shares or membership units—that give the holder a claim on the business’s profits, assets and sometimes voting power. Think of it as owning one or more slices of a company’s pie: the bigger your slice, the larger your share of dividends, capital gains and influence, and the more you are affected by dilution or company losses. Investors use equity interests to measure value, control and potential returns.
FAQ
What does Klaviyo, Inc. (KVYO) disclose in this Form 144?
Klaviyo, Inc. discloses a proposed Rule 144 sale of 2,955,112 shares of its Series A common stock by Goldman Sachs & Co. LLC, with an aggregate market value of $54,255,856.32, to be sold on the NYSE.
Who is the selling security holder in the Klaviyo (KVYO) Form 144?
The selling security holder is Goldman Sachs & Co. LLC, located at 200 West Street, New York, NY 10282. The firm is identified as the holder of the Series A common stock proposed to be sold under Rule 144.
What pre-IPO transactions does Klaviyo (KVYO) reference in this filing?
The filing notes that 32,170,006 equity interests in Klaviyo, Inc. were purchased in pre-IPO transactions dated September 20, 2023. These are described as equity interests in the issuer purchased before the initial public offering.
AI-generated analysis. How Rhea-AI works. Not financial advice.
