CLO Edmond Landon sold 40,000 KVYO shares across 2 transactions for $1,671,900.64 at $41.80 blended average (Jan 7)
Edmond Landon, Chief Legal Officer at Klaviyo, executed two separate sales totaling 40,000 shares (40.0K shares) for $1,671,900.64 on January 7, 2025, reducing his holdings by 11.8% to 298,607 shares post-transaction. The blended average transaction price of $41.80 sits above the current price of $39.41, placing this sale at a nominal premium to today's market. Klaviyo posted $235,094,000.00 in latest quarterly revenue and experienced +47.7% annual revenue growth, but remains unprofitable (net income $-1,345,000.00 for the most recent full year). In timing context, Landon's prior trades at this ticker show mixed patterns: his most recent prior sell on 2024-11-18 was followed by +21.5% gains in 30 days, while his 2024-08-26 and 2024-08-09 sales were both followed by positive 90-day returns (+14.3% and +12.5% respectively), meaning those prior sales occurred before subsequent rallies—outcomes inconsistent with favorable exit timing. The current sale at elevated price levels occurs as the stock trades 10.6% below its 52-week high of $44.08.