Klaviyo (NYSE: KVYO) legal chief holds 539,442 share-linked units
Rhea-AI Filing Summary
Klaviyo, Inc. (KVYO) reported that Chief Legal Officer Edmond Landon had 22,342 shares of Series A Common Stock withheld on August 15, 2026 to satisfy tax withholding obligations related to vesting restricted stock units. After this tax-withholding disposition, he holds 539,442 equity-linked interests, consisting of 112,462 shares, 297,110 unvested RSUs, and 129,870 unvested performance stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 22,342 shares
Net Sell
1 txn
Insider
Edmond Landon
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Series A Common Stock F1, F2 | 22,342 | $18.49 | $413K |
Holdings After Transaction:
Series A Common Stock — 539,442 shares (Direct)
Footnotes (2)
- F1. Represents shares of the Issuer's Series A Common Stock, par value $0.001 per share ("Series A Common Stock"), withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting and settlement of restricted stock units ("RSUs").
- F2. Consists of (i) 112,462 shares of Series A Common Stock; (ii) 297,110 unvested RSUs awarded under the Issuer's 2023 Stock Option and Incentive Plan (the "Plan"), each representing the contingent right to receive one share of Series A Common Stock upon vesting and settlement; and (iii) 129,870 unvested performance stock units awarded under the Plan, each representing the contingent right to receive one share of Series A Common Stock upon vesting and settlement.
Key Figures
Shares withheld for tax: 22,342 shares
Price per share for tax withholding: $18.49 per share
Shares held after transaction: 112,462 shares
+3 more
6 metrics
Shares withheld for tax
22,342 shares
Series A Common Stock withheld to satisfy tax obligations on RSU vesting
Price per share for tax withholding
$18.49 per share
Valuation used for the 22,342 withheld shares
Shares held after transaction
112,462 shares
Series A Common Stock directly held after the transaction
Unvested RSUs
297,110 units
Unvested restricted stock units under the 2023 Stock Option and Incentive Plan
Unvested PSUs
129,870 units
Unvested performance stock units under the 2023 Stock Option and Incentive Plan
Total equity-linked interests
539,442
Sum of shares, unvested RSUs, and unvested PSUs following the transaction
Key Terms
restricted stock units, performance stock units, tax withholding obligations, 2023 Stock Option and Incentive Plan
4 terms
restricted stock units financial
"withholding obligations in connection with the vesting and settlement of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
performance stock units financial
"129,870 unvested performance stock units awarded under the Plan"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
tax withholding obligations financial
"withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting"
2023 Stock Option and Incentive Plan financial
"unvested RSUs awarded under the Issuer's 2023 Stock Option and Incentive Plan"
FAQ
What insider transaction did KVYO’s Chief Legal Officer report on this Form 4?
Edmond Landon reported a tax-withholding disposition of 22,342 shares of Klaviyo Series A Common Stock on August 15, 2026, used to satisfy tax obligations from vesting restricted stock units rather than an open-market sale.
What equity awards under Klaviyo’s 2023 Plan does the KVYO Chief Legal Officer hold?
Edmond Landon holds 297,110 unvested RSUs and 129,870 unvested performance stock units granted under Klaviyo’s 2023 Stock Option and Incentive Plan, each unit representing a contingent right to receive one share of Series A Common Stock upon vesting and settlement.
AI-generated analysis. How Rhea-AI works. Not financial advice.