Klaviyo President Rowland Stephen Eric sells 36,710 shares for $1,287,929.29 as stock falls 29.9% in 30 days
Rowland Stephen Eric executed four separate sales totaling 36,710 shares for $1,287,929.29 on March 7, 2025, reducing his holdings by 13.0% from 282,964 shares to 246,254 shares. The transactions were executed across a range of prices from $34.24 to $37.18 per share, with a blended average of $35.08—notably above the current price of $34.08. The timing of this sale occurs within a steep drawdown: the stock is -29.9% over the prior 30 days and -30.7% from its 52-week high of $49.19, reflecting significant downward momentum. At the same ticker, Eric's prior four sales (October, September, and August 2024) showed mixed post-sale performance, with 0 of 4 producing negative 90-day returns; his cross-ticker track record of four prior sells averaged +13.4% 90-day returns with a 0.00% well-timed rate, indicating his prior sales have generally been preceded by subsequent stock appreciation rather than declines. The company remains unprofitable on a full-year basis (net income of $-1,345,000 in the latest quarter) despite strong revenue growth of +34.3% year-over-year, adding context to the recent stock deterioration.