Fernandez Gomez Luciano 4

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.