Edmond Landon 4
4 · Klaviyo, Inc. · Filed Feb 18, 2026
Research Summary
AI-generated summary of this filing
Klaviyo (KVYO) CLO Edmond Landon Withholds/Sells 24,561 Shares
What Happened
Edmond Landon, Klaviyo’s Chief Legal Officer, had derivative securities converted into common stock on Feb 15 and Feb 17, 2026, and the company withheld/disposed 24,561 shares to satisfy tax withholding obligations. The withholding disposition was recorded at $18.60 per share, producing proceeds of $456,835. The conversion entries (C) reflect conversion of Series B common into Series A common; the withholding (F) is a disposition to cover tax liabilities related to RSU vesting/settlement.
Key Details
- Transaction dates: conversions on 2026-02-15 (11,448 shares) and 2026-02-17 (11,052 shares); tax withholding/disposition reported 2026-02-15 for 24,561 shares.
- Price for withheld/disposed shares: $18.60 per share; total proceeds reported $456,835. Conversion entries show $0.00 as consideration (automatic/conversion events).
- Shares owned after transactions (per filing footnote): 113,414 shares of Series A Common Stock and 228,407 unvested RSUs (each RSU represents the contingent right to one share).
- Footnotes: conversions involve Series B → Series A automatic/optional conversion; the 24,561-share disposition is to satisfy tax withholding tied to RSU vesting. Codes: C = conversion of derivative security; F = payment of exercise price/tax liability (share withholding).
- Filing: Form 4 filed 2026-02-18. The filing does not indicate a late report.
Context
- This was a routine tax-withholding disposition tied to RSU settlement rather than an open-market sale that signals added bearishness—companies commonly withhold or sell shares to cover withholding taxes when RSUs vest.
- Conversion entries reflect the mechanics of converting Series B shares into Series A shares (no cash paid on conversion); the withholding/disposition generated cash proceeds to satisfy tax obligations.
Insider Transaction Report
Form 4
Klaviyo, Inc.KVYO
Edmond Landon
Chief Legal Officer
Transactions
- Conversion
Series A Common Stock
[F1][F2]2026-02-15+11,448→ 355,330 total - Tax Payment
Series A Common Stock
[F3]2026-02-15$18.60/sh−24,561$456,835→ 330,769 total - Conversion
Series A Common Stock
[F2][F4]2026-02-17+11,052→ 341,821 total - Conversion
Series B Common Stock
[F2][F1]2026-02-15−11,448→ 11,052 total→ Series A Common Stock (11,448 underlying) - Conversion
Series B Common Stock
[F2]2026-02-17−11,052→ 0 total→ Series A Common Stock (11,052 underlying)
Footnotes (4)
- [F1]Represents 11,448 shares of the Issuer's Series B Common Stock, par value $0.001 per share ("Series B Common Stock"), automatically converted into shares of the Issuer's Series A Common Stock, par value $0.001 per share ("Series A Common Stock"), in connection with tax withholding obligations related to the vesting and settlement of restricted stock units ("RSUs").
- [F2]Each share of Series B Common Stock is convertible at any time at the option of the holder into one share of Series A Common Stock and will automatically convert into one share of Series A Common Stock upon the occurrence of certain events as set forth in the Issuer's certificate of incorporation. The Series B Common Stock has no expiration date.
- [F3]Represents shares of Series A Common Stock withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting and settlement of RSUs.
- [F4]Consists of (i) 113,414 shares of Series A Common Stock and (ii) 228,407 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.
Signature
/s/ Landon Edmond|2026-02-18