Form 4: Klaviyo CFO Amanda Whalen Reports Stock Transactions

Amanda Whalen, CFO of Klaviyo, Inc., reports the conversion and disposal of Series A and B Common Stock to cover tax obligations related to vesting restricted stock units.

Summary

• On February 15, 2025, Amanda Whalen, the Chief Financial Officer of Klaviyo, Inc., reported transactions involving the company's Series A and Series B Common Stock.
• 18,944 shares of Series B Common Stock were automatically converted into Series A Common Stock to cover tax withholding obligations related to the vesting of restricted stock units (RSUs).
• Additionally, 31,141 shares of Series A Common Stock were withheld by the issuer to satisfy tax obligations related to the vesting and settlement of RSUs.
• Following these transactions, Whalen directly owns 364,623 shares of Series A Common Stock and indirectly owns 516,114 shares of Series B Common Stock.
• These holdings include both vested shares and unvested RSUs.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions related to executive compensation. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common for publicly traded companies. It provides transparency into the transactions of company insiders.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they primarily relate to internal compensation and tax obligations.

Key Dates

Keywords

Klaviyo, Amanda Whalen, Form 4, Stock Transactions, Series A Common Stock, Series B Common Stock, Restricted Stock Units, RSUs, Tax Withholding, Beneficial Ownership