Klaviyo (KVYO) CLO Edmond Landon Sells 9,623 Shares

What Happened Edmond Landon, Chief Legal Officer of Klaviyo (KVYO), sold 9,623 shares of the company's Series A common stock on April 20, 2026. The shares were disposed at $20.00 per share for a total transaction value of $192,460. This was a sale (not a purchase or option exercise).

Key Details

• Transaction date and price: 2026-04-20 at $20.00 per share (total $192,460).
• Transaction type: Sale (open market/private sale; Form 4 code S).
• Shares owned after transaction: 74,332 shares of Series A common stock reported as owned, plus 379,922 unvested restricted stock units and 129,870 unvested performance stock units (contingent on vesting) per the filing.
• Notable footnote: The sale was effected under a Rule 10b5-1 trading plan adopted by Landon on August 21, 2025 (pre-set trading plan).
• Filing timely: Report filed April 22, 2026 for a transaction on April 20, 2026 (no late filing indicated).

Context Sales executed under 10b5-1 plans are pre-established and scheduled, so they often reflect plan terms rather than a new view on the company. For retail investors, purchases generally convey clearer insider conviction than routine plan-based sales. The filing also shows substantial unvested equity awards that may vest in the future but do not represent current marketable shares.