Fernandez Gomez Luciano 4

What Happened

• Luciano Fernandez Gomez, CEO of Klaviyo (KVYO), had 23,308 shares of Series A common stock withheld by the company on Feb 15, 2026 to satisfy tax withholding obligations tied to the vesting/settlement of RSUs. The withholding price was $18.60 per share, for a total value of $433,529. This was a tax-withholding disposition (transaction code F), not an open-market sale.

Key Details

• Transaction date: 2026-02-15; Filing date: 2026-02-18 (filed three days after the transaction; appears one business day late).
• Price: $18.60 per share; Shares withheld/disposed: 23,308; Total value: $433,529.
• Shares owned after transaction: 145,874 shares of Series A Common Stock (directly owned), plus 1,008,471 unvested RSUs and 1,193,238 unvested performance stock units per footnote disclosures.
• Footnote: Withheld shares represent Series A Common Stock retained by the issuer to satisfy tax withholding related to RSU vesting (F1). Footnote F2 lists the CEO's current holdings and unvested awards.
• Transaction type: F = tax withholding (routine cashless settlement to cover taxes).

Context

• Tax-withholding disposals are routine when restricted stock units vest; they do not represent a discretionary open-market sale and are generally administrative rather than a signal of insider sentiment. Purchases or open-market sales are typically more informative about an insider's market view.