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Twilio (TWLO) director Jeff Epstein receives 540 RSUs and updates holdings

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

Rhea-AI Filing Summary

Epstein Jeff reported acquisition or exercise transactions in this Form 4 filing.

Twilio Inc. director Jeff Epstein reported a new equity award and updated holdings. He received a grant of 540 Restricted Stock Units (RSUs), each representing one share of Twilio Class A common stock, which vested immediately on the grant date.

Following this award, Epstein directly holds 39,902 shares of Class A common stock. In addition, 26,484 shares are held indirectly through the Epstein Family Revocable Trust, which also includes RSUs that he has deferred.

Positive

  • None.

Negative

  • None.
Insider Epstein Jeff
Role null
Type Security Shares Price Value
Grant/Award Class A Common Stock 540 $0.00 --
holding Class A Common Stock -- -- --
Holdings After Transaction: Class A Common Stock — 39,902 shares (Direct, null); Class A Common Stock — 26,484 shares (Indirect, See Footnote)
Footnotes (1)
  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. Includes RSUs that have been deferred by the Reporting Person. These shares are held by the Epstein Family Revocable Trust.
RSUs granted 540 shares Restricted Stock Units vested immediately on grant date
Direct holdings after grant 39,902 shares Class A Common Stock directly owned after reported transaction
Indirect holdings via trust 26,484 shares Class A Common Stock held by the Epstein Family Revocable Trust
RSU-to-share ratio 1 share per RSU Each RSU represents the right to receive one Class A share
RSU grant price $0.0000 per share Equity compensation with no cash purchase price reported
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.
contingent right financial
"Each RSU represents the contingent right to receive one share of the Issuer's Class A common stock."
Epstein Family Revocable Trust financial
"These shares are held by the Epstein Family Revocable Trust."
deferred financial
"Includes RSUs that have been deferred by the Reporting Person."
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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 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)
XDirector10% 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)
XForm 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)
CodeVAmount(A) or (D)Price
Class A Common Stock06/15/2026A540(1)A$039,902(2)D
Class A Common Stock26,484ISee 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 Person06/17/2026
** Signature of Reporting PersonDate
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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Twilio (TWLO) director Jeff Epstein report?

Jeff Epstein reported receiving 540 Restricted Stock Units of Twilio Class A common stock. These RSUs vested immediately on the grant date and represent a compensation-related equity award rather than an open-market stock purchase or sale.

How many Twilio (TWLO) shares does Jeff Epstein hold directly after this Form 4?

After the reported RSU grant, Jeff Epstein directly holds 39,902 shares of Twilio Class A common stock. This figure reflects his direct ownership position as updated by the latest Form 4 insider filing with the SEC.

What does the RSU grant to Twilio (TWLO) director Jeff Epstein represent?

The grant of 540 Restricted Stock Units to Jeff Epstein represents equity compensation for his role as a director. Each RSU equals one share of Class A common stock, and all units vested immediately on the date they were granted.

Does Jeff Epstein have indirect ownership of Twilio (TWLO) shares?

Yes. In addition to his direct holdings, 26,484 Twilio Class A shares are held indirectly through the Epstein Family Revocable Trust. The filing notes these indirect holdings and that they include RSUs that have been deferred.

Were Jeff Epstein’s Twilio (TWLO) RSUs subject to vesting conditions?

The 540 Restricted Stock Units granted to Jeff Epstein vested immediately on the date of grant. This means he obtained the full underlying share entitlement at once rather than over a future vesting schedule.