Klaviyo, Inc. has reported a significant stock sale by one of its directors, Roxanne Oulman. This event is noteworthy as it reflects ongoing changes within the company and the broader prepackaged software industry.
Background
Klaviyo, Inc., classified under SIC 7372, specializes in prepackaged software solutions. The company trades on the New York Stock Exchange under the ticker KVYO. Klaviyo is a large accelerated filer and has been active in the market, as evidenced by its recent filings.
What the Filing Says
According to the recent filing dated November 6, 2026, Oulman sold 13,989 shares of Series A stock. The aggregate market value of this sale was approximately $284,825.08. The shares sold were acquired through restricted stock vesting on two occasions earlier in the year.
Impact
This sale may affect Klaviyo's stock dynamics and investor perceptions. As a director, Oulman's decisions can influence stakeholder confidence and market behavior. The filing indicates that there were no other significant securities sold in the past three months, suggesting a focused transaction.
What's Next
The filing does not say what happens next.
Details of the Sale
Roxanne Oulman’s sale of 13,989 shares of Series A stock was executed through Fidelity Brokerage Services LLC, which served as the broker for this transaction. The shares sold were part of a larger pool of outstanding shares, with a total of 130,150,680 Series A shares reported as outstanding at the time of the sale.
Acquisition Background
The shares sold by Oulman were acquired through restricted stock vesting on two separate occasions earlier in 2026. Specifically, she acquired 8,169 shares on May 15, 2026, and an additional 5,820 shares on June 9, 2026. Both transactions were categorized as compensation-related acquisitions.
Regulatory Context
This filing is made under Form 144, which is used for the sale of restricted and control securities. It indicates that the sale was conducted in compliance with SEC regulations, ensuring transparency in the trading activities of company insiders.
Company Information
Klaviyo, Inc. is incorporated in Delaware and has its business address at 125 Summer Street, Floor 6, Boston, MA 02110. The company operates in the prepackaged software sector and is classified under the Standard Industrial Classification (SIC) code 7372.
Missing Information
The filing does not provide insights into Oulman's future plans regarding her remaining shares or any potential impact on her role within the company following this sale.
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