Twilio director awarded 391 RSUs on June 15

PATRICK DEVAL L reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

PATRICK DEVAL L reported acquisition or exercise transactions in this Form 4 filing.

Twilio Inc. director Patrick Deval received an equity grant of 391 Restricted Stock Units (RSUs) of Class A common stock. Each RSU represents the right to receive one share and vested immediately on the grant date, making this a fully vested stock award rather than a future promise.

After this grant, Deval directly holds 18,718 shares of Twilio Class A common stock, which includes RSUs that he has deferred. The transaction reflects routine director compensation and does not involve any open-market buying or selling.

Insider Trade Summary

Grant/Award: 391 shares

Grant/Award 1 txn

Insider PATRICK DEVAL L

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	391	$0.00	$0.00

Holdings After Transaction: Class A Common Stock — 18,718 shares (Direct)

Footnotes (2)

1. 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 vested immediately on the date of grant.
2. F2. Includes RSUs that have been deferred by the Reporting Person.

Key Figures

RSU grant size: 391 shares Transaction price per share: $0.00 per share Shares held after transaction: 18,718 shares

3 metrics

RSU grant size 391 shares Restricted Stock Units of Class A Common Stock granted to director

Transaction price per share $0.00 per share RSU grant treated as compensation, not market purchase

Shares held after transaction 18,718 shares Patrick Deval’s direct Class A holdings following the RSU grant

Key Terms

Restricted Stock Units ("RSUs"), Class A common stock, deferred

3 terms

Restricted Stock Units ("RSUs") financial

"The shares reported in this transaction represent Restricted Stock Units ("RSUs")."

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

Class A common stock financial

"Each RSU represents the contingent right to receive one share of the Issuer's Class A common stock."

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

deferred financial

"Includes RSUs that have been deferred by the Reporting Person."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Twilio (TWLO) report for Patrick Deval?

Twilio reported that director Patrick Deval received 391 Restricted Stock Units (RSUs) of Class A common stock. These RSUs vested immediately on the grant date, reflecting a stock-based compensation award rather than an open-market purchase or sale of existing shares.

How many Twilio (TWLO) shares does Patrick Deval hold after this Form 4?

Following the RSU grant, Patrick Deval holds 18,718 shares of Twilio Class A common stock directly. This figure includes RSUs that have been deferred by Deval, as noted in the filing’s footnotes, providing a snapshot of his total reported direct equity stake.

Were Patrick Deval’s new Twilio (TWLO) RSUs immediately vested?

Yes. The filing states that the 391 RSUs granted to Patrick Deval vested immediately on the date of grant. Because they are fully vested, each RSU now represents an earned right to receive one share of Twilio Class A common stock, rather than a future-vesting award.

Did Patrick Deval buy or sell Twilio (TWLO) shares on the market?

No open-market trade occurred. The Form 4 describes a grant of 391 RSUs to Patrick Deval with a per-share transaction price of $0.00, indicating stock-based compensation. There were no reported purchases or sales at a market price in this transaction.

What does the RSU footnote in the Twilio (TWLO) Form 4 explain?

The footnote explains that the reported shares are RSUs, each representing a contingent right to receive one Twilio Class A share, and that they vested immediately. A second footnote adds that Deval’s reported total includes RSUs he has deferred, clarifying the composition of his holdings.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/17/2026 - 04:31 PM Learn about SEC filing dates

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^*

PATRICK DEVAL L

(Last) (First) (Middle)

101 SPEAR STREET, FIFTH FLOOR

(Street)

SAN FRANCISCO CALIFORNIA 94105

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	06/15/2026		A		391(1)	A	$0	18,718(2)	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.

2. Includes RSUs that have been deferred by the Reporting Person.

Remarks:

	/s/ Juliana Chen as attorney-in-fact for Reporting Person	06/17/2026
	** 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.
* Form 4: SEC 1474 (03-26)