KVYO insider notice: 3,413 Series A shares to be sold on NYSE
Rhea-AI Filing Summary
Klaviyo, Inc. (KVYO) filed a Form 144 reporting a proposed sale of restricted shares by an insider. The notice covers 3,413 Series A shares with an aggregate market value of $109,898.60 against 116,897,730 shares outstanding. The filing lists an approximate sale date of 09/10/2025 on the NYSE. The shares were acquired on 06/10/2025 through restricted stock vesting as compensation and payment was recorded on that date. The filer reports no securities sold in the past three months and includes the standard representational statement about material nonpublic information.
Positive
- Full disclosure of acquisition date, nature of acquisition, and intended sale date, meeting Rule 144 requirements
- Securities arose from restricted stock vesting, indicating compensation-related issuance rather than unexpected liquidation
Negative
- None.
Insights
TL;DR: Routine insider sale notice for recently vested restricted shares; complies with Rule 144 disclosure requirements.
The Form 144 documents a proposed sale of 3,413 Series A shares arising from restricted stock vesting and reported as compensation. The filing specifies the NYSE as the intended venue and states there were no prior sales in the last three months, which aligns with aggregation rules. From a compliance perspective, the notice appears complete for Rule 144 purposes: acquisition date, nature of acquisition, amount, and intended sale date are provided, plus the representational language regarding material nonpublic information.
TL;DR: Small insider sale relative to outstanding shares; immaterial to company capitalization or market impact.
The 3,413-share proposed sale represents a negligible portion of the 116,897,730 shares outstanding and an aggregate value of $109,898.60. Given the small size relative to total float, this transaction is unlikely to affect market dynamics or company valuation. The shares were acquired via restricted stock vesting as compensation on 06/10/2025, suggesting routine employee equity realization rather than a material disposition.