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
- None.
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.
FAQ
What does the KVYO Form 144 disclose about the proposed sale?
When and how were the shares being sold originally acquired?
Does the filing report any sales by the filer in the past three months?
Who is the broker named in the Form 144 for this sale?
How many shares outstanding does the filing report?