Ceran Jennifer 4
Research Summary
AI-generated summary
Klaviyo Director Jennifer Ceran Buys 16,339 Shares
What Happened
Jennifer Ceran, a director of Klaviyo, purchased 16,339 shares of Klaviyo common stock in open-market transactions on February 12, 2026. The reported weighted-average price was $18.38 per share, for total consideration of $300,311. This was a purchase (as opposed to a sale).
Key Details
- Transaction date: 2026-02-12
- Transaction type: Open-market purchase (Code P)
- Price: Weighted average $18.38; transactions ranged $18.36–$18.38 per share (Footnote F1)
- Shares acquired: 16,339; total value ≈ $300,311
- Shares owned after transaction (per filing footnote F2): 24,871 shares of Series A common stock plus 5,820 unvested restricted stock units = 30,691 total attributable shares/units
- Footnotes: F1 explains the reported price is a weighted average and the filer can provide per-transaction prices on request; F2 details composition of holdings (common shares + unvested RSUs).
- Filing timeliness: Transaction reported on a Form 4 filed 2026-02-17 (five days after the transaction), which appears later than the usual two-business-day reporting window.
Context
An open-market purchase by a director adds to their direct ownership and is often watched by investors as a potentially positive signal, though it does not prove intent. The filing includes unvested RSUs (contingent rights to future shares), and no options exercise or immediate resale was reported.