Form 4: Klaviyo CFO Amanda Whalen Executes Stock Transactions

Klaviyo CFO Amanda Whalen reported the conversion and sale of Series B common stock into Series A common stock pursuant to a pre-established Rule 10b5-1 trading plan.

Summary

• CFO Amanda Whalen converted 14,000 shares of Series B common stock to Series A common stock on May 14, 2026, and subsequently sold them at a weighted average price of $14.26.
• On May 15, 2026, an additional 13,527 shares of Series B were converted to Series A to satisfy tax withholding obligations related to RSU vesting.
• The transactions were executed under a Rule 10b5-1 trading plan adopted on August 21, 2025.
• Following these transactions, the reporting person holds 866,192 shares of Series A common stock and 269,585 shares of Series B common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the transactions were executed under a pre-existing, automated trading plan.

Positives

• Transactions were conducted under a pre-planned Rule 10b5-1 trading plan, indicating systematic rather than discretionary selling.

Negatives

• The reporting person reduced their direct beneficial ownership of Series A common stock through the sale of 14,000 shares.

Risks

• Future tax withholding obligations may require further conversion or sale of shares.
• Reliance on Rule 10b5-1 plans does not eliminate market risk associated with share price volatility.

Future Outlook

No specific forward-looking guidance regarding company performance was provided; the filing relates strictly to executive equity transactions.

Industry Context

StockSavvy.ai notes that executive stock sales under 10b5-1 plans are standard corporate practice for liquidity and tax management and generally do not signal a change in management's outlook on the company's long-term prospects.

Comparison to Industry Standards

• The use of Rule 10b5-1 plans is a standard governance practice for C-suite executives in the SaaS and technology sector to avoid potential insider trading concerns.

Stakeholder Impact

• Minimal impact expected as the transactions were pre-planned and represent a small portion of the executive's total holdings.

Next Steps

• Continued monitoring of future Form 4 filings for further insider activity.

Key Dates

Keywords

Klaviyo, KVYO, Insider Trading, Form 4, CFO, Equity Compensation, Rule 10b5-1