Form 4: Klaviyo President Stephen Eric Rowland Reports Stock Transaction
SEC Form 4 Filing
Stephen Eric Rowland, President of Klaviyo, Inc., reports a transaction involving the withholding of shares to cover tax obligations related to vested restricted stock units.
Summary
- On May 15, 2024, Stephen Eric Rowland, President of Klaviyo, Inc., had 5,715 shares of Series A Common Stock withheld by the issuer to cover tax obligations.
- This transaction occurred in connection with the vesting and settlement of restricted stock units (RSUs).
- Following the transaction, Rowland directly owns 198,203 shares of Series A Common Stock, which includes 7,029 shares and 191,174 unvested RSUs.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a routine transaction related to tax obligations, indicating a neutral sentiment.
Industry Context
This is a routine Form 4 filing related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders as it relates to internal tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of transaction: 5,715 shares of Series A Common Stock withheld for tax obligations. |
| 05/17/2024 | Date of signature by Attorney-in-Fact. |
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