Klaviyo (NYSE: KVYO) CLO gets RSUs, PSUs tied to stock goals

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Edmond Landon reported acquisition or exercise transactions in this Form 4 filing.

Klaviyo, Inc. reported that Chief Legal Officer Edmond Landon received equity awards of Series A Common Stock in the form of restricted and performance stock units. He was granted 151,515 restricted stock units (RSUs) and 129,870 performance stock units (PSUs), each settling into one share upon vesting.

The RSUs vest over quarterly installments, with 50% vesting in eight equal quarterly tranches starting on May 15, 2026 and the remaining 50% vesting in four quarterly installments afterward, subject to continued service. The PSUs can vest in up to three tranches over a two-year measurement period if specified stock price targets are met.

Those PSU tranches require the average closing price of Klaviyo’s Series A Common Stock to reach $30.00, $50.00, and $75.00 per share, each sustained for at least sixty consecutive calendar days, and also depend on Landon’s continued service. After these grants, his holdings consist of 83,955 shares of Series A Common Stock, 379,922 unvested RSUs, and 129,870 unvested PSUs.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Edmond Landon

Role Chief Legal Officer

Type	Security	Shares	Price	Value
Grant/Award	Series A Common Stock	151,515	$0.00	--
Grant/Award	Series A Common Stock	129,870	$0.00	--

Holdings After Transaction: Series A Common Stock — 463,877 shares (Direct)

Footnotes (1)

Represents restricted stock units ("RSUs") awarded under the Issuer's 2023 Stock Option and Incentive Plan (the "Plan"), each representing the contingent right to receive one share of the Issuer's Series A Common Stock, par value $0.001 per share ("Series A Common Stock"), upon vesting and settlement. The RSUs vest as follows: (i) 50% of the RSUs will vest in eight equal quarterly installments, with the first such installment vesting on May 15, 2026, and (ii) thereafter the remaining 50% of the RSUs will vest in four equal quarterly installments, subject to the Reporting Person's continued service on each such vesting date. Represents performance stock units ("PSUs") awarded under the Plan, each representing the contingent right to receive one share of Series A Common Stock upon vesting and settlement. The PSUs will vest in up to three tranches over a two-year measurement period, subject to the achievement of specified performance targets tied to the trading price of the Series A Common Stock and the Reporting Person's continued service in the same or substantially equivalent position as the Reporting Person held as of the grant date through the applicable vesting date. Each tranche of PSUs will vest only if the average closing price of the Series A Common Stock for a period of at least sixty consecutive calendar days is at or above a specified dollar value during the applicable measurement period. (continued) The stock price targets for tranches 1 through 3 are $30.00, $50.00, and $75.00 per share, respectively, subject to proportionate adjustment in the event of any stock split or other similar change in the Issuer's capital stock. Consists of (i) 83,955 shares of Series A Common Stock; (ii) 379,922 unvested RSUs awarded under the Plan, each representing the contingent right to receive one share of Series A Common Stock upon vesting and settlement; and (iii) 129,870 unvested PSUs awarded under the Plan, each representing the contingent right to receive one share of Series A Common Stock upon vesting and settlement.

Key Figures

RSU grant: 151,515 units PSU grant: 129,870 units Shares held: 83,955 shares +5 more

8 metrics

RSU grant 151,515 units Time-based RSUs granted on April 15, 2026

PSU grant 129,870 units Performance stock units granted on April 15, 2026

Shares held 83,955 shares Series A Common Stock held after the awards

Unvested RSUs 379,922 units Unvested RSUs outstanding after these grants

Unvested PSUs 129,870 units Unvested PSUs outstanding after these grants

PSU price target tranche 1 <money>$30.00</money> per share Average closing price hurdle for first PSU tranche

PSU price target tranche 2 <money>$50.00</money> per share Average closing price hurdle for second PSU tranche

PSU price target tranche 3 <money>$75.00</money> per share Average closing price hurdle for third PSU tranche

Key Terms

restricted stock units ("RSUs"), performance stock units ("PSUs"), 2023 Stock Option and Incentive Plan, measurement period, +2 more

6 terms

restricted stock units ("RSUs") financial

"Represents restricted stock units ("RSUs") awarded under the Issuer's 2023 Stock Option and Incentive Plan"

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

performance stock units ("PSUs") financial

"Represents performance stock units ("PSUs") awarded under the Plan, each representing the contingent right"

2023 Stock Option and Incentive Plan financial

"awarded under the Issuer's 2023 Stock Option and Incentive Plan (the "Plan")"

measurement period financial

"The PSUs will vest in up to three tranches over a two-year measurement period"

average closing price financial

"only if the average closing price of the Series A Common Stock for a period of at least sixty consecutive"

stock price targets financial

"The stock price targets for tranches 1 through 3 are $30.00, $50.00, and $75.00 per share"

Form 4 Insider Transactions: What Each Field Means →

04/17/2026 - 08:14 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Edmond Landon

(Last)

(First)

(Middle)

C/O KLAVIYO, INC.

125 SUMMER STREET, 6TH FLOOR

(Street)

BOSTON

MASSACHUSETTS

02110

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Klaviyo, Inc. [ KVYO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Legal Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Series A Common Stock	04/15/2026		A		151,515⁽¹⁾	A	$0	463,877	D
Series A Common Stock	04/15/2026		A		129,870⁽²⁾⁽³⁾	A	$0	593,747⁽⁴⁾	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents restricted stock units ("RSUs") awarded under the Issuer's 2023 Stock Option and Incentive Plan (the "Plan"), each representing the contingent right to receive one share of the Issuer's Series A Common Stock, par value $0.001 per share ("Series A Common Stock"), upon vesting and settlement. The RSUs vest as follows: (i) 50% of the RSUs will vest in eight equal quarterly installments, with the first such installment vesting on May 15, 2026, and (ii) thereafter the remaining 50% of the RSUs will vest in four equal quarterly installments, subject to the Reporting Person's continued service on each such vesting date.

2. Represents performance stock units ("PSUs") awarded under the Plan, each representing the contingent right to receive one share of Series A Common Stock upon vesting and settlement. The PSUs will vest in up to three tranches over a two-year measurement period, subject to the achievement of specified performance targets tied to the trading price of the Series A Common Stock and the Reporting Person's continued service in the same or substantially equivalent position as the Reporting Person held as of the grant date through the applicable vesting date. Each tranche of PSUs will vest only if the average closing price of the Series A Common Stock for a period of at least sixty consecutive calendar days is at or above a specified dollar value during the applicable measurement period.

3. (continued) The stock price targets for tranches 1 through 3 are $30.00, $50.00, and $75.00 per share, respectively, subject to proportionate adjustment in the event of any stock split or other similar change in the Issuer's capital stock.

4. Consists of (i) 83,955 shares of Series A Common Stock; (ii) 379,922 unvested RSUs awarded under the Plan, each representing the contingent right to receive one share of Series A Common Stock upon vesting and settlement; and (iii) 129,870 unvested PSUs awarded under the Plan, each representing the contingent right to receive one share of Series A Common Stock upon vesting and settlement.

Remarks:

	/s/ Landon Edmond	04/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Klaviyo (KVYO) report for Edmond Landon?

Klaviyo reported equity grants to Chief Legal Officer Edmond Landon. He received 151,515 restricted stock units and 129,870 performance stock units of Series A Common Stock, each convertible into one share upon vesting and settlement, subject to time-based and performance-based vesting conditions.

How do Edmond Landon’s new RSUs at Klaviyo (KVYO) vest?

Landon’s RSUs vest in time-based quarterly installments. Half of the RSUs vest in eight equal quarterly tranches starting May 15, 2026, and the remaining half vest in four subsequent quarterly installments, all conditioned on his continued service with Klaviyo on each vesting date.

What conditions apply to Edmond Landon’s PSUs at Klaviyo (KVYO)?

The PSUs vest only if stock price targets are met. They can vest in up to three tranches over a two-year measurement period, tied to average closing prices of $30.00, $50.00 and $75.00 per share for at least sixty consecutive days, plus continued service requirements.

What is Edmond Landon’s Klaviyo (KVYO) equity position after these grants?

After the grants, Landon’s reported position includes 83,955 shares of Series A Common Stock, 379,922 unvested RSUs and 129,870 unvested PSUs. These awards were made under Klaviyo’s 2023 Stock Option and Incentive Plan and vest over time or upon meeting performance targets.

Under which plan were Edmond Landon’s new Klaviyo (KVYO) awards granted?

The RSUs and PSUs were granted under Klaviyo’s 2023 Stock Option and Incentive Plan. This plan provides for equity awards such as restricted stock units and performance stock units, each representing the contingent right to receive one share of Series A Common Stock upon vesting and settlement.