RSU award lifts Klaviyo (KVYO) director Ceran’s holdings to 45,513
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ceran Jennifer reported acquisition or exercise transactions in this Form 4 filing.
Klaviyo, Inc. director Jennifer Ceran received a grant of 14,822 restricted stock units, each tied to one share of Series A Common Stock, at no cash cost per unit. These RSUs vest in full on the earlier of June 9, 2027 or Klaviyo’s next annual shareholder meeting, contingent on her continued board service. Following this award, Ceran’s stake comprises 30,691 shares of Series A Common Stock and 14,822 unvested RSUs, totaling 45,513 shares and share-equivalents.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ceran Jennifer
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Series A Common Stock | 14,822 | $0.00 | -- |
Holdings After Transaction:
Series A Common Stock — 45,513 shares (Direct, null)
Footnotes (1)
- Represents restricted stock units ("RSUs") awarded under the Issuer's 2023 Stock Option and Incentive Plan, each representing the contingent right to receive one share of the Issuer's Series A Common Stock, par value $0.001 per share ("Series A Common Stock"), upon vesting and settlement. The RSUs vest in full upon the earlier of (i) June 9, 2027 or (ii) the date of the Issuer's next annual meeting of stockholders, in each case subject to the Reporting Person's continued service as a member of the Issuer's board of directors through such vesting date. Consists of (i) 30,691 shares of Series A Common Stock and (ii) 14,822 unvested RSUs 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.
Key Figures
RSU grant size: 14,822 RSUs
Grant price per share: $0.0000 per RSU
Post-grant holdings: 45,513 shares/RSUs
+1 more
4 metrics
RSU grant size
14,822 RSUs
Equity award to director Jennifer Ceran on June 9, 2026
Grant price per share
$0.0000 per RSU
Non-cash equity compensation
Post-grant holdings
45,513 shares/RSUs
Total Series A Common Stock and unvested RSUs after transaction
Vesting date
June 9, 2027
RSUs vest earlier of June 9, 2027 or next annual meeting
Key Terms
restricted stock units ("RSUs"), 2023 Stock Option and Incentive Plan, Series A Common Stock, vesting and settlement
4 terms
restricted stock units ("RSUs") financial
"Represents restricted stock units ("RSUs") awarded under the Issuer's 2023 Stock Option and Incentive Plan"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
2023 Stock Option and Incentive Plan financial
"RSUs awarded under the Issuer's 2023 Stock Option and Incentive Plan"
Series A Common Stock financial
"each representing the contingent right to receive one share of the Issuer's Series A Common Stock"
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.
vesting and settlement financial
"each representing the contingent right to receive one share ... upon vesting and settlement"
FAQ
What insider transaction did Klaviyo (KVYO) report for director Jennifer Ceran?
Klaviyo reported that director Jennifer Ceran received 14,822 restricted stock units as an equity award. Each RSU represents one share of Series A Common Stock, granted at no cash cost, under the company’s 2023 Stock Option and Incentive Plan.
When do Jennifer Ceran’s new Klaviyo (KVYO) RSUs vest?
The 14,822 RSUs granted to Jennifer Ceran vest in full on the earlier of June 9, 2027 or the date of Klaviyo’s next annual meeting of stockholders. Vesting is conditioned on her continued service on the board through that date.
What plan governs the RSU award to Klaviyo (KVYO) director Jennifer Ceran?
The RSU award to Jennifer Ceran was granted under Klaviyo’s 2023 Stock Option and Incentive Plan. This plan provides equity-based compensation such as restricted stock units that settle into Series A Common Stock upon meeting vesting conditions.
Does Jennifer Ceran pay cash for the new Klaviyo (KVYO) RSUs?
Ceran does not pay cash for these RSUs; the reported transaction price per share is $0.0000. The award functions as non-cash equity compensation, delivering shares of Series A Common Stock once the vesting requirements are satisfied.