Twilio (NYSE: TWLO) CFO sells 8,528 shares under pre-set 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Twilio Inc. Chief Financial Officer Aidan Viggiano reported an open-market sale of 8,528 shares of Class A common stock at an average price of $205.43 per share. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan dated June 6, 2025, and Viggiano continues to hold 109,724 shares directly. A portion of the sold and remaining shares represents Restricted Stock Units, each convertible into one share of Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 8,528 shares ($1,751,907)
Net Sell
1 txn
Insider
Viggiano Aidan
Role
Chief Financial Officer
Sold
8,528 shs ($1.75M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 8,528 | $205.43 | $1.75M |
Holdings After Transaction:
Class A Common Stock — 109,724 shares (Direct, null)
Footnotes (1)
- The sales reported were executed under the Reporting Person's 10b5-1 trading plan, dated as of 6/6/2025. 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.
Key Figures
Shares sold: 8,528 shares
Sale price: $205.43 per share
Shares held after transaction: 109,724 shares
+1 more
4 metrics
Shares sold
8,528 shares
Open-market sale on July 2, 2026
Sale price
$205.43 per share
Average price for Class A common stock
Shares held after transaction
109,724 shares
Direct ownership following the sale
Trading plan date
June 6, 2025
Date of Rule 10b5-1 plan covering the sale
Key Terms
Rule 10b5-1 trading plan, Restricted Stock Units ("RSUs"), Class A Common Stock
3 terms
Rule 10b5-1 trading plan regulatory
"The sales reported were executed under the Reporting Person's 10b5-1 trading plan, dated as of 6/6/2025."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Restricted Stock Units ("RSUs") financial
"A portion of these shares 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
"security_title: 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.
FAQ
What insider transaction did Twilio (TWLO) report for CFO Aidan Viggiano?
Twilio reported that CFO Aidan Viggiano sold 8,528 shares of Class A common stock. The shares were sold in an open-market transaction at an average price of $205.43 per share, according to a recent Form 4 insider trading report.
Do the Twilio CFO’s holdings include Restricted Stock Units (RSUs)?
Yes, a portion of the CFO’s reported holdings and the transacted shares consists of Restricted Stock Units. Each RSU represents a contingent right to receive one share of Twilio’s Class A common stock upon satisfaction of applicable vesting conditions.