Klaviyo legal chief sells 9,623 shares at $20
Klaviyo, Inc. Chief Legal Officer Edmond Landon reported an open-market sale of 9,623 shares of Series A Common Stock at $20.00 per share.
Rhea-AI Filing Summary
Klaviyo, Inc. Chief Legal Officer Edmond Landon reported an open-market sale of 9,623 shares of Series A Common Stock at $20.00 per share. The transaction was executed pursuant to a Rule 10b5-1 trading plan adopted on August 21, 2025.
After this sale, Landon holds equity interests totaling 584,124 units, consisting of 74,332 shares of Series A Common Stock, 379,922 unvested restricted stock units, and 129,870 unvested performance stock units, each unit representing the contingent right to receive one share upon vesting and settlement.
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Insider Trade Summary 10b5-1
Net Seller: 9,623 shares
Net Sell
1 txn
Insider
Edmond Landon
Role
Chief Legal Officer
Sold
9,623 shs ($192K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Series A Common Stock | 9,623 | $20.00 | $192K |
Holdings After Transaction:
Series A Common Stock — 584,124 shares (Direct)
Footnotes (2)
- F1. 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.
- F2. Consists of (i) 74,332 shares of the Issuer's Series A Common Stock, par value $0.001 per share ("Series A Common Stock"), (ii) 379,922 unvested restricted stock units 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 sold: 9,623 shares
Sale price: $20.00 per share
Equity interests after transaction: 584,124 units
+3 more
6 metrics
Shares sold
9,623 shares
Series A Common Stock open-market sale on April 20, 2026
Sale price
$20.00 per share
Price for 9,623 Series A Common Stock shares sold
Equity interests after transaction
584,124 units
Total equity interests following the reported sale
Direct shares held
74,332 shares
Series A Common Stock held after the sale
Unvested RSUs
379,922 units
Restricted stock units under the 2023 Stock Option and Incentive Plan
Unvested PSUs
129,870 units
Performance stock units under the 2023 Stock Option and Incentive Plan
Key Terms
Rule 10b5-1 trading plan, restricted stock units, performance stock units, Series A Common Stock
4 terms
Rule 10b5-1 trading plan regulatory
"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."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
restricted stock units financial
"379,922 unvested restricted stock units awarded under the Issuer's 2023 Stock Option and Incentive Plan"
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, each representing the contingent right to receive one share"
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.
Series A Common Stock financial
"74,332 shares of the Issuer's Series A Common Stock, par value $0.001 per share"
Series A common stock is a specific class of a company’s ordinary shares issued during an early formal funding round, carrying the ownership rights and voting power tied to that class. For investors it signals an early-stage equity claim with potential upside if the business grows, but also greater risk and typically less liquidity than shares in mature, publicly traded firms—imagine buying a seat on a startup’s team before the company has proven itself.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Edmond Landon report at Klaviyo (KVYO)?
Edmond Landon, Klaviyo’s Chief Legal Officer, reported selling 9,623 shares of Series A Common Stock at $20.00 per share in an open-market transaction. The sale was disclosed on a Form 4 insider trading report.
Was Edmond Landon’s Klaviyo (KVYO) stock sale under a Rule 10b5-1 plan?
Yes. The Form 4 notes the sale was effected under a Rule 10b5-1 trading plan adopted by Edmond Landon on August 21, 2025. Such plans pre-schedule trades, making the timing more routine and less discretionary.
What type of security did Edmond Landon sell in Klaviyo (KVYO)?
He sold shares of Klaviyo’s Series A Common Stock at $20.00 per share. This is a non-derivative security, meaning it represents direct share ownership rather than options or other derivative instruments.
How significant is Edmond Landon’s Klaviyo (KVYO) stock sale relative to his holdings?
The reported transaction involved 9,623 shares sold, while his remaining equity interests total 584,124 units. This indicates he retains a substantial position in Klaviyo through both direct shares and unvested equity awards.
AI-generated analysis. How Rhea-AI works. Not financial advice.
