secwatch.observer — SEC 8-K summary
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Issuer:     Klaviyo, Inc. (KVYO)
CIK:        0001835830
Form:       8-K
Filed at:   2025-08-05T23:59:59+00:00
Accession:  0001835830-25-000082
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Klaviyo President Steve Rowland to retire Dec 31, 2025; transition agreement in place
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- Steve Rowland informed Klaviyo on July 30, 2025 of his retirement as President, effective Dec 31, 2025.
- Rowland will remain an employee through Dec 31, 2025 in a transitional role; equity continues vesting.
- After employment ends, Rowland will receive 12 months base salary plus 100% of 2025 target bonus as severance.
- Rowland to provide consulting services through March 31, 2026 with equity vesting as sole compensation.
- Separation Agreement includes non-disclosure, non-solicitation, non-disparagement obligations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1835830/000183583025000082/0001835830-25-000082-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1835830/000183583025000082/kvyo-20250730.htm
  HTML page:      https://secwatch.observer/filing/0001835830-25-000082

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