Klaviyo (KVYO) director and 10% owner discloses 12/15 share sales
Rhea-AI Filing Summary
A reporting person who is both a director and 10% owner of Klaviyo, Inc. reported selling shares of the company’s Series A Common Stock on December 15, 2025. An affiliated trust sold 157 shares at a weighted average price of $30.13 per share, leaving 168,502 shares indirectly held through the trust. A related LLC sold 600 shares at a weighted average price of $30.15 per share, with 607,918 shares remaining indirectly owned through the LLC. The sales were made under a Rule 10b5-1 trading plan adopted on June 12, 2025, and the reporting person disclaims beneficial ownership of the trust and LLC shares beyond any pecuniary interest.
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FAQ
What insider transaction did Klaviyo (KVYO) report in this filing?
The filing reports that a director and 10% owner of Klaviyo, Inc. sold shares of Series A Common Stock held indirectly through a trust and an LLC on December 15, 2025.
How many Klaviyo Series A shares were sold in each transaction?
An affiliated Hodgkins Trust sold 157 shares of Series A Common Stock, and Hodgkins LLC sold 600 shares of Series A Common Stock, both on December 15, 2025.
At what prices were the Klaviyo shares sold by the insider affiliates?
The trust sale used a weighted average price of $30.13 per share, with individual trades ranging from $30.024 to $30.155. The LLC sale used a weighted average price of $30.15 per share, with trades ranging from $30.15 to $30.155.
How many Klaviyo shares does the reporting person still beneficially own indirectly?
After these transactions, 168,502 shares are indirectly held through the Hodgkins Trust and 607,918 shares are indirectly held through Hodgkins LLC, as reported.
Were the Klaviyo insider sales made under a Rule 10b5-1 trading plan?
Yes. The transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 12, 2025, as stated in the explanation of responses.
Does the reporting person claim full beneficial ownership of the trust and LLC shares?
No. The reporting person disclaims Section 16 beneficial ownership of the shares held by the Hodgkins Trust and Hodgkins LLC, except to the extent of any pecuniary interest.