Twilio (TWLO) CEO Khozema Shipchandler logs Jan. 6, 2026 stock sales

Rhea-AI Filing Summary

Twilio Inc.’s chief executive officer and director Khozema Shipchandler reported open-market sales of the company’s Class A common stock. On January 6, 2026, he sold 2,181 shares at a weighted average price of $133.1823 per share, 11,123 shares at a weighted average price of $134.4954 per share, and 32 shares at $134.86 per share. After these transactions, he directly beneficially owned 193,781 Class A shares, a portion of which are restricted stock units that each represent a right to receive one share. The sales were executed under a pre-established Rule 10b5‑1 trading plan dated February 24, 2025.

Insider Trade Summary

Net Seller: 13,336 shares ($1,790,778)

Net Sell 3 txns

Insider Shipchandler Khozema

Role Chief Executive Officer

Sold 13,336 shs ($1.79M)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	2,181	$133.1823	$290K
Sale	Class A Common Stock	11,123	$134.4954	$1.50M
Sale	Class A Common Stock	32	$134.86	$4K

Holdings After Transaction: Class A Common Stock — 204,936 shares (Direct)

Footnotes (1)

1. The sales reported were executed under the Reporting Person's 10b5-1 trading plan, dated as of 2/24/2025. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $132.82 to $133.60 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. A portion of these shares represent Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share of Issuer's Class A common stock. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $133.86 to $134.85 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Form 4 Insider Transactions: What Each Field Means →

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).

X

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^*

Shipchandler Khozema

(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
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
01/06/2026

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	01/06/2026		S(1)		2,181	D	$133.1823(2)	204,936(3)	D
Class A Common Stock	01/06/2026		S(1)		11,123	D	$134.4954(4)	193,813(3)	D
Class A Common Stock	01/06/2026		S(1)		32	D	$134.86	193,781(3)	D

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 sales reported were executed under the Reporting Person's 10b5-1 trading plan, dated as of 2/24/2025.

2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $132.82 to $133.60 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

3. A portion of these shares represent Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share of Issuer's Class A common stock.

4. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $133.86 to $134.85 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Remarks:

	/s/ Juliana Chen as attorney-in-fact for Reporting Person	01/08/2026
	** 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 activity did Twilio (TWLO) report in this Form 4?

Twilio reported that Chief Executive Officer and director Khozema Shipchandler sold shares of the company’s Class A common stock in open-market transactions on January 6, 2026.

How many Twilio (TWLO) shares did CEO Khozema Shipchandler sell and at what prices?

On January 6, 2026, he sold 2,181 Class A shares at a weighted average price of $133.1823, 11,123 shares at a weighted average price of $134.4954, and 32 shares at $134.86 per share.

How many Twilio (TWLO) shares does the CEO hold after these transactions?

Following the reported sales, Khozema Shipchandler directly beneficially owned 193,781 shares of Twilio’s Class A common stock.

Were the Twilio (TWLO) CEO’s stock sales made under a Rule 10b5-1 trading plan?

Yes. The filing states that the sales were executed under the Reporting Person’s 10b5‑1 trading plan dated as of February 24, 2025.

What do the weighted average prices in the Twilio (TWLO) Form 4 represent?

The reported prices are weighted average prices for multiple trades. The filing notes price ranges of $132.82 to $133.60 per share and $133.86 to $134.85 per share for the relevant transactions.

Does the Twilio (TWLO) CEO’s reported ownership include restricted stock units (RSUs)?

Yes. The filing explains that a portion of the reported holdings represent restricted stock units (RSUs), and each RSU represents a contingent right to receive one share of Twilio’s Class A common stock.

Are the Twilio (TWLO) CEO’s reported holdings direct or indirect?

The Form 4 shows the reported shares as held with direct (D) ownership, with no nature of indirect beneficial ownership listed for these transactions.