Klaviyo (KVYO) director and 10% owner reports planned stock sales
Rhea-AI Filing Summary
Klaviyo, Inc. insider reports planned stock sales under Rule 10b5-1 plan. A reporting person who is both a director and 10% owner disclosed two sales of Klaviyo Series A common stock on December 17, 2025, executed under a pre-arranged Rule 10b5-1 trading plan adopted on June 12, 2025.
The filing shows a sale of 34,878 shares at a weighted average price of $30.35 per share through the Hodgkins Trust, leaving 133,624 shares beneficially owned through that trust. It also reports a sale of 82,672 shares at a weighted average price of $30.37 per share through Hodgkins LLC, leaving 525,246 shares beneficially owned through that entity.
Both positions are held indirectly, with the reporting person disclaiming beneficial ownership beyond any pecuniary interest. The prices in each transaction reflect multiple individual trades within disclosed price ranges.
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FAQ
What insider transaction did Klaviyo (KVYO) report in this Form 4?
The filing reports that a director and 10% owner of Klaviyo, Inc. sold Series A common stock on December 17, 2025 in two separate transactions, both disclosed as open-market sales.
How many Klaviyo (KVYO) shares were sold in the reported transactions?
The reporting person sold 34,878 shares through the Hodgkins Trust and 82,672 shares through Hodgkins LLC, as shown in Table I of the filing.
What prices were received for the Klaviyo (KVYO) shares sold?
The filing lists a weighted average price of $30.35 per share for the 34,878 shares and $30.37 per share for the 82,672 shares. Each weighted price reflects multiple trades within stated price ranges.
How many Klaviyo (KVYO) shares does the insider report owning after these sales?
After the transactions, the insider reports 133,624 shares of Series A common stock beneficially owned through the Hodgkins Trust and 525,246 shares beneficially owned through Hodgkins LLC.
Were the Klaviyo (KVYO) insider sales made under a Rule 10b5-1 plan?
Yes. The explanation of responses states that these transactions were effected under a Rule 10b5-1 trading plan adopted by the reporting person on June 12, 2025.
How does the insider hold the reported Klaviyo (KVYO) shares?
The filing notes that shares are held indirectly through the Hodgkins Trust and Hodgkins LLC, with the reporting person disclaiming beneficial ownership except to the extent of any pecuniary interest.