Planned share sale by Klaviyo (KVYO) CLO totals 15,093 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Klaviyo, Inc. Chief Legal Officer Edmond Landon sold 15,093 shares of Series A Common Stock in an open-market transaction. The weighted average sale price was $20.16 per share, with individual trades ranging from $20.00 to $20.63 per share.
The sale was made under a pre-arranged Rule 10b5-1 trading plan adopted on August 21, 2025. After this transaction, Landon’s holdings consist of 98,321 shares of Series A Common Stock and 228,407 unvested restricted stock units, each RSU representing a right to receive one share upon vesting and settlement.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 15,093 shares ($304,275)
Net Sell
1 txn
Insider
Edmond Landon
Role
Chief Legal Officer
Sold
15,093 shs ($304K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Series A Common Stock | 15,093 | $20.16 | $304K |
Holdings After Transaction:
Series A Common Stock — 326,728 shares (Direct)
Footnotes (1)
- These transactions were effected by the Reporting Person pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 21, 2025. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $20.00 to $20.63 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. Consists of (i) 98,321 shares of the Issuer's Series A Common Stock, par value $0.001 per share ("Series A Common Stock"), and (ii) 228,407 unvested restricted stock units awarded under the Issuer's 2023 Stock Option and Incentive Plan, each representing the contingent right to receive one share of Series A Common Stock upon vesting and settlement.
FAQ
What insider transaction did Klaviyo (KVYO) report for Edmond Landon?
Klaviyo reported that Chief Legal Officer Edmond Landon sold 15,093 shares of Series A Common Stock. The transaction was an open-market sale executed at a weighted average price of $20.16 per share, with individual trade prices ranging from $20.00 to $20.63.
Was the Klaviyo (KVYO) insider sale by Edmond Landon pre-planned?
Yes. The sale by Edmond Landon was executed under a Rule 10b5-1 trading plan adopted on August 21, 2025. Such plans allow insiders to schedule trades in advance, helping separate personal portfolio decisions from day-to-day nonpublic company information.
What are Edmond Landon’s holdings in Klaviyo (KVYO) after this transaction?
After the sale, Edmond Landon holds 98,321 shares of Series A Common Stock and 228,407 unvested restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Series A Common Stock upon future vesting and settlement conditions being satisfied.
What type of security did Edmond Landon trade in Klaviyo (KVYO)?
The transaction involved Klaviyo’s Series A Common Stock, par value $0.001 per share. In addition to these shares, Landon also has unvested restricted stock units tied to the same class, each unit potentially converting into one share upon vesting and settlement.