Shopify Strategic Holdings 3 LLC - 29 Jan 2026 Form 4 Insider Report for Klaviyo, Inc. (KVYO)

Role
10%+ Owner
Signature
SHOPIFY STRATEGIC HOLDINGS 3 LLC, By: /s/ Jason Kilpela, Director
Issuer symbol
KVYO
Transactions as of
29 Jan 2026
Net transactions value
+$3,444
Form type
4
Filing time
30 Jan 2026, 16:30:36 UTC
Previous filing
14 Nov 2025
SEC
View on sec.gov

Reporting Owners (2)

Name Relationship Address Signature Signature date CIK
Shopify Strategic Holdings 3 LLC 10%+ Owner 103 FOULK ROAD, SUITE 218-A, WILMINGTON SHOPIFY STRATEGIC HOLDINGS 3 LLC, By: /s/ Jason Kilpela, Director 30 Jan 2026 0001993562
SHOPIFY INC. 10%+ Owner 151 O'CONNOR STREET, GROUND FLOOR, OTTAWA, ONTARIO, CANADA SHOPIFY INC, By: /s/ Michael L. Johnson, Corporate Secretary 30 Jan 2026 0001594805

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction KVYO Warrants to Purchase Series B Common Stock (Right to Buy) Exercise of in-the-money or at-the-money derivative security $0 -344,383 -14% $0.000000 2,066,293 29 Jan 2026 Series B Common Stock 344,383 $0.0100 Direct F1, F2
transaction KVYO Series B Common Stock Exercise of in-the-money or at-the-money derivative security $3,444 +344,383 +2.1% $0.0100 16,628,727 29 Jan 2026 Series A Common Stock 344,383 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 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.
F3 Each share of Series B Common Stock is convertible at any time at the option of the holder into one share of Series A Common Stock of the Issuer, and will automatically convert into Series A Common Stock upon the occurrence of certain events as set forth in the Issuer's certificate of incorporation. The Series B Common Stock has no expiration date.