Here are the DEF 14A proxy statements from Twilio Inc. (TWLO) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A DEF 14A covers the proxy statement, with executive pay and the shareholder votes, so if you follow TWLO and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full TWLO filings page.
Twilio Inc. is asking stockholders to vote at its virtual 2026 annual meeting on June 16, 2026 to elect four directors, ratify KPMG as auditor, approve say‑on‑pay, and update its 2016 equity and employee stock purchase plans.
The board highlights recent governance changes, including moving to a one‑share, one‑vote structure, eliminating supermajority voting, declassifying the board by 2028, and separating the CEO and independent chair roles. Ten directors serve on the board, nine of whom are independent.
Twilio emphasizes pay‑for‑performance, noting no base salary increases for named executives for two years, more than 15% lower 2025 equity grant targets, a 2025 stock‑based compensation level of 12% of revenue with a 2027 goal of about 10%, and a 2025 net burn rate of 1.5% versus a 2027 target of under 3%. The company also outlines extensive stockholder engagement and adjustments to compensation and governance in response to investor feedback.