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Klaviyo(KVYO.US) 10% Shareholder Sells US$3.62 Million in Common Stock

Moomoo News ·  Aug 23 16:10

$Klaviyo (KVYO.US)$ 10% Shareholder SUMMIT PARTNERS L P sold 113.85K shares of common stock on Aug 21, 2024 at an average price of $31.76 for a total value of $3.62 million.

This transaction involves other related parties: Summit Partners Growth Equity Fund IX-A, L.P., Summit Partners Growth Equity Fund IX-B, L.P., Summit Partners Co-Invest (Kiwi), LP, SUMMIT INVESTORS GE IX/VC IV, LLC and SUMMIT INVESTORS GE IX/VC IV (UK), L.P..

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What is statement of changes in beneficial ownership of securities?

It is a requirement under federal securities laws that mandates individuals, including officers, directors, and those who hold more than 10% of any class of a company's securities (collectively known as "insiders"), to report their purchases, sales, and holdings of their company's securities by submitting Forms 3, 4, and 5.

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