STOCK TITAN

Proposed resale of restricted TWLO shares via Charles Schwab (TWLO)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Twilio Inc. submitted a Form 144 notice for proposed resale of restricted common stock through Charles Schwab & Co., Inc. The filing lists proposed sales tied to restricted stock lapses: 1,554 shares (11/15/2018), 41 shares (08/15/2019), and 205 shares (06/15/2022). The broker listed is Charles Schwab & Co., Inc.

Positive

  • None.

Negative

  • None.
Proposed resale lot 1 1,554 shares Restricted stock lapse dated 11/15/2018
Proposed resale lot 2 41 shares Restricted stock lapse dated 08/15/2019
Proposed resale lot 3 205 shares Restricted stock lapse dated 06/15/2022
Form 144 regulatory
"Securities To Be Sold section lists proposed resale notice"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Restricted Stock Lapse financial
"Entries show 'Restricted Stock Lapse' with dates and share amounts"
Equity Compensation financial
"Each entry is labeled 'Equity Compensation' beside the lapse dates"
Equity compensation is pay given to employees, executives or contractors in the form of company ownership—such as stock, stock options or restricted shares—rather than just cash. It matters to investors because it can align workers' incentives with shareholders (like paying someone in slices of the same pie they help grow), but it also increases the number of shares outstanding and company expenses, affecting ownership percentages and earnings per share.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does Twilio's (TWLO) Form 144 mean?

A Form 144 is a notice of a proposed resale of restricted or control securities. The form shows proposed sales of restricted shares tied to past vesting/lapse events and names the broker handling the transactions.

How many Twilio shares are listed for proposed sale on this Form 144?

The filing lists three proposed resale lots: 1,554 shares, 41 shares, and 205 shares. Each lot is tied to a restricted stock lapse with the dates shown alongside each quantity.

Who is the broker handling the proposed TWLO sales?

The broker shown is Charles Schwab & Co., Inc. at 3000 Schwab Way, Westlake TX. The notice names Charles Schwab as the intermediary for the proposed resale transactions.

Are these sales already completed according to the Form 144?

No. Form 144 is a notice of proposed resale, not a confirmation of completed trades. The form lists the proposed quantities and lapse dates but does not report execution or settlement details.