Klaviyo (KVYO) Insider Files Form 144 to Sell 1,613 Series A Shares
Rhea-AI Filing Summary
Klaviyo, Inc. (KVYO) Form 144 notice reports a proposed sale of 1,613 shares of Series A common stock through Barclays Capital Inc. on or about 09/08/2025, with an aggregate market value of $53,551.60. The filing lists 116,897,730 shares outstanding.
The shares were originally acquired 09/20/2023 in pre-IPO transactions from Klaviyo, Inc.; the filer received 21,945 shares at that time and indicates full equity payment. No sales by the filer in the past three months are reported.
Positive
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Negative
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Insights
TL;DR: Small proposed sale relative to total outstanding shares; likely immaterial to market capitalization.
The notice shows a proposed disposal of 1,613 shares valued at $53,551.60 against 116,897,730 shares outstanding, indicating a de minimis transfer relative to the firm's equity base. The shares were acquired in a pre-IPO transaction on 09/20/2023 and fully paid in equity. No recent sales by the filer are reported, suggesting this is a routine Rule 144 liquidity event rather than a signal of broader insider disposition.
TL;DR: Form 144 complies with Rule 144 disclosure; provides standard seller representations and broker details.
The filing includes required broker identification (Barclays Capital Inc.), acquisition history, and the filers representation about material non-public information. The documentation of acquisition via pre-IPO transaction and absence of other recent sales aligns with standard governance practices for insider sales. The filing does not indicate any unusual governance or regulatory concerns.