Form 4: Klaviyo Director Tony Weisman Awarded 5,820 Restricted Stock Units

Klaviyo, Inc. Director Tony Weisman was granted 5,820 restricted stock units (RSUs) on June 10, 2025, as part of the company's 2023 Stock Option and Incentive Plan.

Summary

• Tony Weisman, a Director of Klaviyo, Inc. (KVYO), was awarded 5,820 restricted stock units (RSUs) on June 10, 2025.
• These RSUs were granted under the Issuer's 2023 Stock Option and Incentive Plan.
• Each RSU represents the contingent right to receive one share of Klaviyo's Series A Common Stock upon vesting and settlement.
• The RSUs vest in full upon the earlier of June 10, 2026, or the date of the Issuer's next annual meeting of stockholders, contingent on Mr. Weisman's continued service as a board member.
• Following this transaction, Mr. Weisman beneficially owns a total of 89,352 securities, comprising 83,532 shares of Series A Common Stock and 5,820 unvested RSUs.
• Additionally, 20,833 shares of Series A Common Stock are indirectly held by a trust for which Mr. Weisman serves as trustee.

Sentiment

Score: 7

Explanation: The RSU award to a director is a positive sign of continued alignment of interests and commitment, though it's a routine compensation event rather than a major strategic announcement.

Positives

• The award of 5,820 restricted stock units (RSUs) to Director Tony Weisman aligns his interests with long-term shareholder value.
• The grant demonstrates the company's commitment to compensating its board members through equity, fostering retention and performance.

Negatives

• The issuance of new RSUs, upon vesting, will result in a minor dilution of existing shareholder equity.

Future Outlook

NA

Industry Context

This Form 4 filing is a routine disclosure of an insider equity transaction, common across publicly traded companies as part of director compensation packages. It reflects standard corporate governance practices where directors receive equity awards to align their interests with long-term company performance.

Related Party Transactions

• The award of 5,820 restricted stock units to Tony Weisman, a director of Klaviyo, Inc., represents a transaction between the company and a related party (an insider).

Stakeholder Impact

• Shareholders: Minor potential for dilution upon RSU vesting; positive signal of director commitment.
• Employees: No direct impact mentioned.
• Customers: No direct impact mentioned.
• Suppliers: No direct impact mentioned.
• Creditors: No direct impact mentioned.

Next Steps

• Vesting of the 5,820 restricted stock units (RSUs) upon the earlier of June 10, 2026, or the date of Klaviyo's next annual meeting of stockholders, subject to Tony Weisman's continued service.

Key Dates

Keywords

Klaviyo, KVYO, SEC Form 4, Insider Transaction, Restricted Stock Units, RSU, Equity Compensation, Director Compensation, Stock Award, Beneficial Ownership