Edmond Landon 4
4 · Klaviyo, Inc. · Filed Mar 13, 2026
Research Summary
AI-generated summary of this filing
Klaviyo (KVYO) CLO Edmond Landon Sells 14,366 Shares
What Happened
Edmond Landon, Chief Legal Officer of Klaviyo (KVYO), sold 14,366 shares on March 12, 2026, for a total of approximately $289,475. The reported weighted-average price was $20.15 per share (sales occurred at prices ranging from $20.00 to $20.45). This was a sale (not a purchase) and was executed pursuant to a pre-established Rule 10b5-1 trading plan.
Key Details
- Transaction date: 2026-03-12 (reported on Form 4 filed 2026-03-13 — timely filing).
- Transaction type: Sale (open market/private sale), disposed 14,366 shares.
- Price: Weighted average $20.15; individual sales ranged $20.00–$20.45. The filer can provide a breakdown of shares sold at each price on request (per footnote).
- Proceeds: Approximately $289,475.
- Shares owned after the transaction (per filing): 83,955 shares of Series A Common Stock and 228,407 unvested restricted stock units (RSUs) that may convert to common shares upon vesting.
- Notable footnote: Transaction executed under a Rule 10b5-1 plan adopted August 21, 2025.
Context
Sales under 10b5-1 plans are prearranged and typically routine portfolio-management transactions; they do not by themselves indicate insider sentiment about the company. The filing shows a reduction in sold shares but the reporting person retains both vested shares and a substantial number of unvested RSUs.
Insider Transaction Report
- Sale
Series A Common Stock
[F1][F2][F3]2026-03-12$20.15/sh−14,366$289,475→ 312,362 total
Footnotes (3)
- [F1]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.
- [F2]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $20.00 to $20.45 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.
- [F3]Consists of (i) 83,955 shares of the Issuer's Series A Common Stock, par value $0.001 per share ("Series A Common Stock"), and (ii) 228,407 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.