Twilio (TWLO) Form 144 Filed for 1,807 Restricted Shares Lapse

Rhea-AI Filing Summary

Twilio Inc. (TWLO) Form 144 notice reports a proposed sale of 1,807 shares of Twilio common stock through Charles Schwab & Co., Inc. with an aggregate market value of $191,433, and lists the approximate sale date as 08/15/2025 on the NYSE. The shares are described as the lapse of restricted stock acquired from Twilio, with payment characterized as equity compensation. The filing also discloses recent sales by the same person totaling 20,341 shares across four trades between 05/15/2025 and 07/03/2025 with gross proceeds shown for each trade. The filer asserts no undisclosed material adverse information in connection with this notice.

Positive

• Compliance filing completed under Rule 144 with broker, share counts, market value, and sale date specified
• Source of shares disclosed as restricted stock lapse and payment method noted as equity compensation

Negative

• None.

Insights

Securities Analyst

TL;DR: Insider plans a small sale of restricted shares; recent prior sales were modest relative to total outstanding shares.

This Form 144 documents a proposed sale of 1,807 Twilio common shares arising from the lapse of restricted stock, valued at $191,433, with an approximate sale date of 08/15/2025 on the NYSE. The filing also itemizes four prior dispositions by the same person totaling 20,341 shares between mid-May and early July 2025 with reported gross proceeds for each trade. Relative to the reported outstanding share count of 153,433,606, the amounts disclosed represent an immaterial fraction of total equity, indicating limited direct market impact. The filing is principally a compliance notice rather than a material corporate development.

Corporate Governance Expert

TL;DR: This is a routine Rule 144 disclosure showing insider compliance after restricted stock vests; no governance red flags evident.

The notice states the shares to be sold resulted from a restricted stock lapse and were acquired from Twilio, with payment characterized as equity compensation. The signer represents no undisclosed material adverse information, and the filing follows Rule 144 procedural requirements by specifying broker, share counts, market value, and recent sales history. Given the small size of the proposed sale versus outstanding shares and the disclosure of prior sales, this filing reads as standard insider liquidity activity rather than a corporate governance concern.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Charles Schwab & Co., Inc. 3000 Schwab Way Westlake TX 76262	1807	191433.00	153433606	08/15/2025	NYSE

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	08/15/2025	Restricted Stock Lapse - See Remarks	TWILIO INC.			1807	08/15/2025	Equity Compensation

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
AIDAN VIGGIANO 101 Spear Street, Suite 500 San Francisco CA 94105	TWILIO INC	05/15/2025	1924	216925.00
AIDAN VIGGIANO 101 Spear Street, Suite 500 San Francisco CA 94105	TWILIO INC	05/20/2025	2156	249794.00
AIDAN VIGGIANO 101 Spear Street, Suite 500 San Francisco CA 94105	TWILIO INC	06/30/2025	7964	990137.00
AIDAN VIGGIANO 101 Spear Street, Suite 500 San Francisco CA 94105	TWILIO INC	07/03/2025	8297	971177.00

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the TWLO Form 144 disclose?

The filing discloses a proposed sale of 1,807 Twilio common shares valued at $191,433, to be sold approximately on 08/15/2025 on the NYSE by Charles Schwab & Co.

Where did the shares come from on the TWLO Form 144?

The shares are identified as acquired on 08/15/2025 from Twilio Inc. via a restricted stock lapse and payment is noted as equity compensation.

How many shares did the filer sell in the prior three months?

The filing lists four prior sales totaling 20,341 shares between 05/15/2025 and 07/03/2025 with gross proceeds shown for each trade.

Will this Form 144 filing move TWLO stock materially?

Based on the disclosed figures, the proposed sale and recent disposals represent a very small fraction of the reported 153,433,606 outstanding shares, suggesting limited direct market impact.

Which broker is handling the proposed TWLO sale?

The notice lists Charles Schwab & Co., Inc., 3000 Schwab Way, Westlake, TX 76262 as the broker of record for the proposed sale.