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  4. [144] TWILIO INC SEC Filing

Sachem Head (TWLO) plans 500,000-share Rule 144 NYSE sale via Jones Trading

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

Rhea-AI Filing Summary

A shareholder associated with symbol TWLO filed a notice to sell 500,000 shares of common stock through Jones Trading Institutional Services LLC on or after August 12, 2026 on the NYSE. The shares have an aggregate market value of $123,538,400.00, while 153,575,220 shares of this class are outstanding.

The 500,000 shares were acquired on February 21, 2024 through open market purchases paid in cash. The filing also lists a prior sale of 1,000,000 common shares on May 27, 2026 by Sachem Head Capital Management LP for an aggregate value of $184,140,000.00.

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Planned shares to be sold 500,000 shares Common stock to be sold on or after August 12, 2026
Aggregate market value of planned sale $123,538,400.00 Value of 500,000 common shares covered by the notice
Shares outstanding 153,575,220 shares Outstanding common shares of the class listed
Acquisition date of shares 02/21/2024 Date 500,000 shares were acquired via open market purchases
Prior shares sold 1,000,000 shares Common shares sold on May 27, 2026 by Sachem Head Capital Management LP
Aggregate value of prior sale $184,140,000.00 Value of 1,000,000 common shares sold on May 27, 2026
Rule 144 regulatory
"144: Securities Information Common | Jones Trading Institutional Services"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
aggregate market value financial
"500000 | 123538400.00 | 153575220 | 08/12/2026 | NYSE"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
open market purchases market
"Common | 02/21/2024 | Open market purchases | N/A"
Open market purchases are buys of a company’s shares (or other securities) made on public exchanges at prevailing market prices rather than through private deals. For investors this matters because when a company buys back its own stock it reduces the number of shares available, which can boost per-share earnings and often signals management’s confidence; it also affects supply, demand and short-term liquidity much like someone quietly buying up items from a crowded marketplace.
Securities Sold During The Past 3 Months regulatory
"144: Securities Sold During The Past 3 Months"

FAQ

What size Rule 144 sale is being planned for TWLO?
The notice covers a planned sale of 500,000 shares of TWLO common stock. These shares have an aggregate market value of $123,538,400.00 and are expected to be sold on or after August 12, 2026 through the NYSE.

Who is involved in the planned TWLO share sale and which broker is named?
The filing identifies Jones Trading Institutional Services LLC as the broker for the planned sale of 500,000 TWLO common shares. The securities are intended to be sold on the NYSE beginning on or after August 12, 2026.

When and how were the TWLO shares to be sold under Rule 144 originally acquired?
The 500,000 TWLO common shares were acquired on February 21, 2024. The filing states they were obtained through open market purchases for cash, which is part of the background information required for the planned Rule 144 sale.

How many TWLO shares are outstanding relative to the planned 500,000-share sale?
The class of TWLO common stock listed has 153,575,220 shares outstanding. The planned Rule 144 sale of 500,000 shares represents a portion of this outstanding amount, providing context for the size of the proposed transaction.

What is the aggregate market value of the TWLO shares in the planned Rule 144 sale?
The 500,000 TWLO common shares covered by the notice have an aggregate market value of $123,538,400.00. This value is tied to the proposed sale on or after August 12, 2026 through Jones Trading on the NYSE.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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

Source: View Original Filing on SEC EDGAR