Twilio director granted 3,526 restricted stock units
Twilio Inc. director Douglas A. Robinson received an equity award of 3,526 Class A shares in the form of restricted stock units (RSUs).
Rhea-AI Filing Summary
Twilio Inc. director Douglas A. Robinson received an equity award of 3,526 Class A shares in the form of restricted stock units (RSUs). The award was granted at no cash cost and represents his entire reported direct holding of Class A common stock after this transaction.
Each RSU converts into one share of Class A common stock as it vests. According to the vesting schedule, 9.8% of the RSUs will vest on June 10, 2026, with 45.1% vesting on the first anniversary of that date and the remaining 45.1% on the second anniversary, in each case contingent on his continued service as a director.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 3,526 | $0.00 | $0.00 |
Footnotes (2)
- F1. The shares reported in this transaction represent Restricted Stock Units ("RSUs"). Each RSU represents the contingent right to receive one share of the Issuer's Class A common stock. The RSUs shall vest as follows: 9.8% of the RSUs will vest on June 10, 2026, the one year anniversary of our last annual meeting of stockholders (the "Initial Vesting Date"), 45.1% of the RSUs will vest on the one year anniversary of the Initial Vesting Date and 45.1% of the RSUs will vest on the two year anniversary of the Initial Vesting Date, subject, in each case, to continued service as a director of the Issuer through each such vesting date.
- F2. These shares represent RSUs. Each RSU represents a contingent right to receive one share of the Issuer's Class A common stock.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Twilio (TWLO) director Douglas A. Robinson report on this Form 4?
What is the vesting schedule for Douglas A. Robinson’s Twilio (TWLO) RSUs?
What conditions apply to vesting of Robinson’s Twilio (TWLO) RSUs?
AI-generated analysis. How Rhea-AI works. Not financial advice.