Form 4: Klaviyo CFO Amanda Whalen Reports Stock Transactions
SEC Form 4 Filing
Amanda Whalen, CFO of Klaviyo, Inc., reports the acquisition and disposition of Series A Common Stock and Series B Common Stock on August 9, 2024, including sales executed under a Rule 10b5-1 trading plan.
Summary
- On August 9, 2024, Amanda Whalen, the Chief Financial Officer of Klaviyo, Inc., reported transactions involving the company's stock.
- Whalen acquired 42,000 shares of Series A Common Stock.
- She also sold 60,000 shares of Series A Common Stock at a weighted average price of $30.23, with prices ranging from $30.00 to $30.63 per share.
- These sales were executed under a pre-arranged Rule 10b5-1 trading plan adopted on November 16, 2023.
- Following these transactions, Whalen beneficially owns 435,993 shares of Series A Common Stock and 643,974 shares of Series B Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock transactions by a company insider. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
Form 4 filings are standard practice for corporate insiders to report their transactions in company stock, providing transparency to the market.
Stakeholder Impact
- Shareholders are informed about the CFO's stock transactions, which can influence investor sentiment.
Key Dates
| Date | Description |
|---|---|
| November 16, 2023 | Date of adoption of Rule 10b5-1 trading plan |
| August 09, 2024 | Date of stock transactions (acquisition and disposition) |
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