Form 4: Klaviyo Director Susan St. Ledger Receives RSU Grant

Director Susan St. Ledger was granted 14,822 restricted stock units as part of the company's 2023 equity incentive plan.

Summary

• Director Susan St. Ledger acquired 14,822 restricted stock units (RSUs) on June 9, 2026.
• The RSUs represent a contingent right to receive shares of Series A Common Stock upon vesting.
• The total beneficial ownership following the transaction is 25,761 shares, which includes 10,939 shares of common stock and 14,822 unvested RSUs.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral administrative filing regarding standard director compensation.

Positives

• Alignment of director interests with long-term shareholder value through equity-based compensation.

Negatives

• None identified; this is a standard equity grant for a board member.

Risks

• Vesting is subject to the director's continued service on the board through the vesting date.

Future Outlook

The RSUs are scheduled to vest in full on June 9, 2027, or upon the date of the next annual meeting of stockholders, provided the director remains in service.

Industry Context

StockSavvy.ai notes that equity grants to independent directors are standard corporate governance practice to ensure board members maintain a vested interest in the company's long-term performance.

Comparison to Industry Standards

• The grant of RSUs to directors is consistent with standard compensation practices for publicly traded technology companies.
• The vesting schedule tied to annual meetings is a common mechanism to ensure director retention and alignment with the annual shareholder cycle.

Stakeholder Impact

• Minimal impact on shareholders as this is a routine equity grant.

Next Steps

• Vesting of the 14,822 RSUs on June 9, 2027, or the date of the next annual meeting.

Key Dates

Keywords

Klaviyo, KVYO, Form 4, Insider Transaction, Equity Compensation, Director Compensation