KVYO chief legal officer reports Rule 10b5-1 stock sales
Rhea-AI Filing Summary
Klaviyo, Inc. chief legal officer reports stock sales under a trading plan. The reporting officer sold 10,374 shares of Series A common stock on 11/20/2025 at a weighted average price of $27.83 per share and an additional 4,020 shares the same day at a weighted average price of $26.97 per share. These transactions were executed under a Rule 10b5-1 trading plan adopted by the officer. After these sales, the officer beneficially owns 376,472 shares, consisting of 122,874 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
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Series A Common Stock | 10,374 | $27.83 | $289K |
| Sale | Series A Common Stock | 4,020 | $26.97 | $108K |
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 $27.45 to $28.39 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 $26.84 to $27.34 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) 122,874 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 insider transaction did KVYO disclose in this Form 4?
The chief legal officer of Klaviyo, Inc. (KVYO) reported selling 10,374 shares of Series A common stock at a weighted average price of $27.83 per share and 4,020 shares at a weighted average price of $26.97 per share on 11/20/2025.
Who is the reporting person in the KVYO Form 4 and what is their role?
The reporting person is an officer of Klaviyo, Inc. serving as the Chief Legal Officer, making them an insider required to report equity transactions.
Was the KVYO insider sale made under a Rule 10b5-1 trading plan?
Yes. The filing states that the transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 21, 2025.
What do the unvested restricted stock units in the KVYO Form 4 represent?
The filing explains that 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.