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Twilio (NYSE: TWLO) director reports grant of 885 RSUs

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Twilio Inc. disclosed that one of its directors received a grant of 885 Restricted Stock Units (RSUs) for Class A common stock on 12/15/2025. Each RSU represents the right to receive one share of Class A common stock, and the RSUs vested immediately on the grant date. Following this grant, the director beneficially owns 38,411 Class A shares directly, which include RSUs that have been deferred, and an additional 26,484 Class A shares held indirectly through the Epstein Family Revocable Trust.

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Epstein Jeff

(Last) (First) (Middle)
101 SPEAR STREET, FIFTH FLOOR

(Street)
SAN FRANCISCO CA 94105

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
TWILIO INC [ TWLO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
12/15/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 12/15/2025 A 885(1) A $0 38,411(2) D
Class A Common Stock 26,484 I See Footnote(3)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. 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 vested immediately on the date of grant.
2. Includes RSUs that have been deferred by the Reporting Person.
3. These shares are held by the Epstein Family Revocable Trust.
Remarks:
/s/ Juliana Chen as attorney-in-fact for Reporting Person 12/17/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Twilio (TWLO) report for its director?

A Twilio director received a grant of 885 Restricted Stock Units (RSUs) for the company’s Class A common stock on 12/15/2025.

How many Twilio (TWLO) shares does the director own after this RSU grant?

After the grant, the director beneficially owns 38,411 Class A shares directly and 26,484 Class A shares indirectly through the Epstein Family Revocable Trust.

What are the terms of the RSUs granted to the Twilio director?

The 885 RSUs each represent the contingent right to receive one share of Twilio Class A common stock and vested immediately on the grant date.

Does the director’s reported Twilio holding include deferred RSUs?

Yes. The reported 38,411 directly owned Class A shares include RSUs that have been deferred by the director.

How are some of the Twilio (TWLO) shares held indirectly by the director?

An indirect holding of 26,484 Twilio Class A shares is reported as being held by the Epstein Family Revocable Trust.

What type of security was involved in this Twilio insider transaction?

The transaction involved Class A common stock of Twilio Inc., delivered through a grant of Restricted Stock Units (RSUs).
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