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.