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NASDAQ:CLBT 13 November 2025

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  • Klaviyo Director Sells 9,334 Shares Amid Share Price Decline
    May 23, 2026, 3:02 PM EDT. Susan St. Ledger, Klaviyo board member, sold 9,334 shares of Series A Common Stock worth about $133,000, as per SEC Form 4. This sale is larger than some past transactions but aligns with her average selling pattern, reflecting a shrinking holding rather than a shift in trading frequency. Shares were converted from derivatives before sale, signaling a liquidity-driven move. Post-sale, St. Ledger holds 10,939 shares, down 46.04%. The transaction occurred near the stock's $14.27 average price, close to the $14.61 close on May 18, 2026, after a 55.88% one-year price decline. Klaviyo, a SaaS marketing automation firm, reported $1.31 billion in trailing revenue and a $4.45 billion market cap. The sale followed a Rule 10b5-1 plan, mitigating insider trading concerns and maintaining investor confidence.

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