Form 4: Klaviyo Director's RSU Vesting & Tax Withholding

Klaviyo Director Luciano Fernandez Gomez reported the automatic conversion of Series B to Series A common stock and subsequent sale of shares for tax obligations related to RSU vesting.

Summary

• Luciano Fernandez Gomez, a Director at Klaviyo, Inc. (KVYO), reported transactions on August 15, 2025.
• 7,000 shares of Series B Common Stock were automatically converted into Series A Common Stock.
• This conversion was in connection with tax withholding obligations related to the vesting and settlement of restricted stock units (RSUs).
• Concurrently, 7,000 shares of Series A Common Stock were disposed of at a price of $31.43 per share to satisfy these tax withholding obligations.
• Following these transactions, Mr. Fernandez Gomez beneficially owns 26,788 shares of Series A Common Stock (including 5,820 unvested RSUs) and 56,000 shares of Series B Common Stock (including 23,334 unvested RSUs).

Sentiment

Score: 5

Explanation: The filing reports a routine insider transaction related to RSU vesting and tax withholding, which is a neutral event and does not indicate positive or negative sentiment regarding the company's performance or outlook.

Future Outlook

No forward-looking statements or guidance were provided in this filing, as it is a report of past insider transactions.

Industry Context

This filing is a routine insider transaction report related to executive compensation and does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders: The transaction represents a routine, non-discretionary sale of shares by a director to cover tax obligations from RSU vesting, which is a common occurrence and generally has minimal direct impact on other shareholders.

Key Dates

Keywords

Klaviyo, KVYO, SEC Form 4, Insider Transaction, RSU Vesting, Stock Conversion, Tax Withholding, Director Stock Ownership