Klaviyo (KVYO) Form 144 Files to Sell 12,425 Shares on NYSE
Rhea-AI Filing Summary
Form 144 notice indicates a proposed sale of 12,425 shares of Series A common stock on the NYSE with an aggregate market value of $412,510, scheduled approximately for 09/08/2025. The securities were acquired on 09/20/2023 in pre-IPO transactions from Klaviyo, Inc., with the filer reporting acquisition of 169,076 shares on that date. The issuer outstanding share count is listed as 116,897,730. The filing shows no sales in the past three months and includes the standard representation that the seller is not aware of undisclosed material adverse information. Several identifying fields for the filer and issuer are not populated in the provided content.
Positive
- Proposed sale disclosed with specific share count and market value, supporting regulatory transparency
- Acquisition details provided (acquired 09/20/2023 in pre-IPO transactions from Klaviyo, Inc.), which clarifies provenance of the securities
- No sales in past three months reported, simplifying aggregation considerations under Rule 144
Negative
- Filer identification fields are not populated in the provided extract, limiting traceability of the seller
- Issuer name and certain issuer contact fields are missing from the supplied content, reducing context
- Filing does not include a visible signature or dated acknowledgement in the provided text, which hampers verification
Insights
TL;DR: Small planned disposition relative to total shares; likely non-material market impact.
The filing reports a proposed sale of 12,425 shares valued at $412,510 against an outstanding base of 116,897,730 shares, representing roughly 0.0106% of outstanding shares, which implies the sale is unlikely to move the market. The shares were acquired in a pre-IPO transaction on 09/20/2023 and no sales were reported in the prior three months. The filing lacks explicit filer identification fields in the provided content, which limits traceability of the selling party and context about lock-up or insider status.
TL;DR: Form 144 filed to comply with Rule 144; governance implications are routine, not material here.
The notice documents compliance with Rule 144 for an intended sale on 09/08/2025 and includes the standard seller certification regarding undisclosed material information. From a governance perspective, the absence of filer identifying details in the supplied content constrains assessment of insider status, potential trading plans, or whether a 10b5-1 plan applies. No adverse disclosures or listed related-party transactions are present in the extract.