Andrew Bialecki, Co-CEO of Klaviyo (NASDAQ:KVYO), sold 200,000 shares of Series A common stock on May 19, 2026, totaling $2.976 million.
The shares were sold at a weighted average price of $14.88, with individual prices ranging from $14.68 to $15.41. The stock currently trades at $15.11, down 54% over the past year and 45% in the last six months, near its 52-week low of $13.53.
The sales were executed under a Rule 10b5-1 trading plan adopted on May 20, 2025.
Prior to the sale, Bialecki acquired 200,000 shares through conversion of Series B stock. There is no expiration on the conversion rights.
Despite the price decline, Bond.az analysis suggests the stock may be undervalued. For deeper insights, access Klaviyo's Pro Research Report on Bond.az.
Bialecki now directly holds 66,944,118 shares of Series B common stock, convertible into Series A on a one-to-one basis. He also holds indirect interests through trusts and his spouse.
Klaviyo recently reported Q1 2026 earnings above expectations, with EPS of $0.22 and revenue of $358 million. However, analysts have lowered price targets: Stifel to $28 from $35, and Piper Sandler to $26 from $30.
