Klaviyo Co-CEO reports tax share withholding
Klaviyo, Inc. director and Co‑Chief Executive Officer Luciano Fernandez Gomez reported a tax-related share disposition.
Rhea-AI Filing Summary
Klaviyo, Inc. director and Co‑Chief Executive Officer Luciano Fernandez Gomez reported a tax-related share disposition. On the reported date, 23,308 shares of Series A Common Stock were withheld by Klaviyo to cover tax obligations tied to vesting and settlement of restricted stock units, rather than sold in the open market. Following this withholding, his holdings consist of 145,874 shares of Series A Common Stock, plus 1,008,471 unvested RSUs and 1,193,238 unvested performance stock units, each representing the right to receive one share upon vesting and settlement.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Series A Common Stock | 23,308 | $18.60 | $434K |
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) 145,874 shares of Series A Common Stock; (ii) 1,008,471 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) 1,193,238 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.
FAQ
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What insider transaction did Klaviyo (KVYO) Co-CEO Luciano Fernandez Gomez report?
Was the Klaviyo (KVYO) insider Form 4 a sale in the open market?
What are Luciano Fernandez Gomez’s Klaviyo (KVYO) equity holdings after this Form 4?
What equity plans are involved in this Klaviyo (KVYO) insider filing?
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