Ceran Jennifer 4

What Happened

• Jennifer Ceran, a member of Klaviyo's board of directors, received an award of 14,822 restricted stock units (RSUs) on June 9, 2026. The RSUs were granted at $0.00 per unit (no cash paid) and therefore have no purchase price recorded.
• Per the filing, Ceran’s total reported holdings after the grant consist of 30,691 shares of Series A Common Stock plus 14,822 unvested RSUs. The RSUs convert to one share each upon vesting.

Key Details

• Transaction date: 2026-06-09. Filing date: 2026-06-11 (filed within the typical 2-business-day window; not late).
• Transaction type/code: Award/Grant (A).
• Award size and price: 14,822 RSUs granted at $0.00 (no cash paid).
• Shares beneficially owned after transaction: 30,691 shares + 14,822 unvested RSUs (per footnote F2).
• Vesting: RSUs vest in full upon the earlier of (i) June 9, 2027 or (ii) the issuer’s next annual meeting, subject to continued board service (see footnote F1).
• No 10b5-1 plan, tax-withholding sale, or sale-of-shares reported in this filing.

Context

• RSUs are a common form of director compensation; each RSU represents a contingent right to receive one share upon vesting. Such awards compensate and retain directors and do not necessarily signal personal market views.
• Unlike open-market purchases or sales, grants are routine and do not involve immediate cash exchange or indicative buying/selling pressure.