Fernandez Gomez Luciano 4
4 · Klaviyo, Inc. · Filed Jun 11, 2026
Research Summary
AI-generated summary of this filing
Klaviyo (KVYO) CEO Luciano Fernandez Gomez Withholds 1,746 Shares
What Happened Luciano Fernandez Gomez, CEO of Klaviyo (KVYO), had 1,746 shares of Series A Common Stock withheld by the company to satisfy tax withholding in connection with the vesting and settlement of RSUs. The shares were valued at $14.78 each for a total of $25,806 on 2026-06-09. This was a tax-withholding disposition (code F), not an open-market sale.
Key Details
- Transaction date: 2026-06-09; Form 4 filed: 2026-06-11 (appears timely).
- Transaction type: F — shares withheld to satisfy tax withholding on RSU vesting.
- Shares withheld/disposed: 1,746 at $14.78 per share; aggregate value $25,806.
- Shares owned after transaction (per filing footnote): 218,966 shares of Series A Common Stock beneficially owned; plus 911,501 unvested RSUs and 1,193,238 unvested performance stock units.
- Footnote F1: Withheld shares represent Series A shares retained by the issuer to meet tax withholding obligations on RSU vesting/settlement.
- No 10b5-1 plan or gift/charitable disposition noted.
Context Share withholding to cover taxes on vested RSUs is routine and reflects a company withholding process (often called a cashless or net settlement) rather than an active sale into the market by the insider. Such transactions are administrative and generally provide less signal about insider sentiment than open-market purchases or discretionary sales.
Insider Transaction Report
- Tax Payment
Series A Common Stock
[F1][F2]2026-06-09$14.78/sh−1,746$25,806→ 2,323,705 total
Footnotes (2)
- [F1]Represents shares of the Issuer's Series A Common Stock, par value $0.001 per share ("Series A Common Stock"), withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting and settlement of restricted stock units ("RSUs").
- [F2]Consists of (i) 218,966 shares of Series A Common Stock; (ii) 911,501 unvested RSUs awarded under the Issuer's 2023 Stock Option and Incentive Plan (the "Plan"), each representing the contingent right to receive one share of Series A Common Stock upon vesting and settlement; and (iii) 1,193,238 unvested performance stock units awarded under the Plan, each representing the contingent right to receive one share of Series A Common Stock upon vesting and settlement.