Susan St. Ledger, a member of the Board of Directors at Klaviyo, disclosed the sale of 9,334 shares of Series A Common Stock for a transaction value of approximately $133,000, as reported in the SEC Form 4 filing.
Transaction summary
|
Metric |
Value |
|---|---|
|
Shares sold (direct) |
9,334 |
|
Transaction value |
~$133,000 |
|
Post-transaction shares (direct) |
10,939 |
|
Post-transaction value (direct ownership) |
~$156,000 |
Transaction and post-transaction values based on SEC Form 4 weighted average price ($14.27).
Key questions
-
How does this sale compare to St. Ledger’s historical trading patterns?
The 9,334-share disposition is larger than her previous direct sales (such as the 3,413-share sale on Sept. 10, 2025), but in line with her historical average sell size of approximately 7,749 shares; the scale reflects a declining available holdings base rather than a change in cadence. -
What is the significance of the derivative context in this transaction?
The shares sold were converted from derivative securities into Series A Common Stock immediately prior to sale, indicating the transaction was structured for liquidity. -
How does this transaction affect St. Ledger’s overall ownership and control?
While her direct Series A stake decreased by 46.04%, her remaining direct Series A holdings total 10,939 shares after the transaction. -
What is the market context for this sale?
The transaction occurred at prices around $14.27 per share, near the May 18, 2026 close of $14.61 and after a one-year price decline of 55.88%.
Company overview
|
Metric |
Value |
|---|---|
|
Price (as of market close May 18, 2026) |
$14.61 |
|
Market capitalization |
$4.45 billion |
|
Revenue (TTM) |
$1.31 billion |
|
1-year price change |
-55.88% |
* 1-year performance calculated using May 18, 2026 as the reference date.
Company snapshot
-
Klaviyo offers a software-as-a-service platform for marketing automation, including email, SMS, push notifications, product reviews, and a customer data platform.
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It generates revenue through subscription fees for its cloud-based marketing solutions, targeting scalable usage by businesses of various sizes.
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The company serves individuals, small and medium enterprises, and businesses primarily in North America, Western Europe, Canada, the UK, Australia, and New Zealand.
Klaviyo operates at scale as a leading provider of data-driven marketing automation tools, enabling clients to deliver personalized communications across multiple digital channels. The company leverages a robust SaaS model that supports recurring revenue and high customer retention. Its competitive edge lies in its integrated platform and focus on actionable customer insights for e-commerce and digital-first businesses.