Shopify Strategic Holdings 3 LLC sold KVYO

January 29, 2026 · Form 4 insider transaction

Shopify Strategic Holdings 3 LLC sold 344,383 shares of Klaviyo, Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as exercise of in-the-money option and disclosed on an SEC Form 4, filed 1 day after the transaction.

Direction
Disposed (sell-side)
Shares
344,383
Price
$0.00
Total value
N/A
Role10% owner
SecurityWarrants to Purchase Series B Common Stock (Right to Buy)
Transaction codeX: Exercise of in-the-money option
Transaction dateJanuary 29, 2026
Filing dateJanuary 30, 2026
Shares owned after2,066,293
OwnershipDirect
10b5-1 planNo
AmendedNo

Footnotes

25% of the shares subject to the warrants vested on July 28, 2022, and the remaining shares vest quarterly in equal amounts through July 28, 2027. Notwithstanding the foregoing, in connection with the Issuer's initial public offering ("IPO"), 25% of the total number of shares subject to the warrants vested immediately prior to the completion of the IPO.; Reflects securities held directly by Shopify Strategic Holdings 3 LLC, a wholly-owned subsidiary of Shopify Inc. ("Shopify"). Shopify is an indirect beneficial owner and disclaims beneficial ownership except to the extent of its pecuniary interest therein.

View the original Form 4 on SEC EDGAR