Klaviyo (NYSE: KVYO) CLO sells 10,000+ shares in Jan 10b5-1 plan
Rhea-AI Filing Summary
Klaviyo, Inc. insider Edmond Landon, the Chief Legal Officer, reported planned sales of Series A Common Stock. On January 15, 2026, Landon sold 5,601 shares at a weighted average price of $26.08 and 4,399 shares at a weighted average price of $25.52, in open-market transactions coded as sales.
The filing states these trades were made under a Rule 10b5-1 trading plan adopted on August 21, 2025, which is designed to pre-schedule transactions. After these sales, Landon beneficially owned 343,882 shares, consisting of 90,284 shares of Series A Common Stock and 253,598 unvested restricted stock units that each represent the right to receive one share upon vesting and settlement.
Positive
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Series A Common Stock | 5,601 | $26.08 | $146K |
| Sale | Series A Common Stock | 4,399 | $25.52 | $112K |
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 $25.80 to $26.73 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. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $25.36 to $25.68 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) 90,284 shares of the Issuer's Series A Common Stock, par value $0.001 per share ("Series A Common Stock"), and (ii) 253,598 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 do the unvested restricted stock units in the KVYO Form 4 represent?
The 253,598 unvested restricted stock units each represent a contingent right to receive one share of Klaviyo’s Series A Common Stock upon vesting and settlement under the 2023 Stock Option and Incentive Plan.
What role does Edmond Landon hold at Klaviyo (KVYO)?
In the Form 4, Edmond Landon is identified as an officer of Klaviyo, serving as the company’s Chief Legal Officer.