[Form 4] TWILIO INC Insider Trading Activity

Rhea-AI Filing Summary

Jeffrey R. Immelt, a director of Twilio Inc. (TWLO), reported the acquisition of 797 Restricted Stock Units (RSUs) that vested immediately on 09/15/2025. Each RSU represents the contingent right to receive one share of the issuer's Class A common stock, and the reported transaction shows an acquisition price of $0 per RSU. Following this transaction, the reporting person beneficially owns 32,756 shares. The Form 4 was signed on behalf of the reporting person by an attorney-in-fact, Juliana Chen, on 09/17/2025.

Positive

• Immediate vesting of 797 RSUs was disclosed explicitly, showing the award converted to the right to receive shares on 09/15/2025
• Clear increase in beneficial ownership to 32,756 Class A common shares is reported
• Form 4 was executed and filed promptly (signature via attorney-in-fact dated 09/17/2025)

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: A director received 797 vested RSUs, increasing reported beneficial ownership to 32,756 shares; disclosure is routine.

This Form 4 documents a routine equity grant settlement for a director, with RSUs vesting immediately on grant and being reported as acquired at $0, consistent with standard compensation equity awards converting to share rights. The filing accurately discloses the transaction date, number of RSUs, and resulting beneficial ownership. There is no additional context in the filing about the grant's rationale, plan, or tax treatment, so materiality is limited to the incremental ownership disclosed.

Securities Analyst

TL;DR: Disclosure shows an immediate vest of 797 RSUs for a director; impact on outstanding share count is not provided here.

The Form 4 provides clear, specific data: 797 RSUs vested on 09/15/2025 at $0 and the reporting person now beneficially owns 32,756 Class A shares. This is a standard insider reporting event. The filing does not include information on total outstanding shares, dilution, or whether shares have been delivered, so investor impact cannot be quantified from this document alone.

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
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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^*

IMMELT JEFFREY R

(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)
09/15/2025

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	09/15/2025		A		797(1)	A	$0	32,756	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 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.

Remarks:

	/s/ Juliana Chen as attorney-in-fact for Reporting Person	09/17/2025
	** 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 transaction did Jeffrey R. Immelt report on Form 4 for TWLO?

He reported the acquisition of 797 Restricted Stock Units (RSUs) that vested immediately on 09/15/2025.

How many TWLO shares does the reporting person beneficially own after the transaction?

32,756 shares of Class A common stock are reported as beneficially owned following the transaction.

What was the reported price for the RSUs acquired by the reporting person?

The transaction price is reported as $0, consistent with RSUs that vest into the right to receive shares.

When was the Form 4 filed or signed?

The filing includes a signature by attorney-in-fact Juliana Chen dated 09/17/2025.

What type of security was involved in this transaction?

Restricted Stock Units (RSUs) representing the contingent right to receive one share each of Class A common stock.