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Twilio (TWLO) director Donna Dubinsky reports RSU grant and stock gifts

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

Rhea-AI Filing Summary

Twilio Inc. director Donna Dubinsky reported a mix of equity awards and gifts of Class A common stock. She received 391 shares through a grant of Restricted Stock Units, which vested immediately and are now held directly. On the same date, she made two bona fide gift transfers of 391 shares each: one from her direct holdings and one involving the Shustek-Dubinsky Family Trust. Following these transactions, she holds 391 shares directly, and the Shustek-Dubinsky Family Trust holds 22,361 shares indirectly.

Positive

  • None.

Negative

  • None.
Insider Dubinsky Donna
Role null
Type Security Shares Price Value
Grant/Award Class A Common Stock 391 $0.00 --
Gift Class A Common Stock 391 $0.00 --
Gift Class A Common Stock 391 $0.00 --
Holdings After Transaction: Class A Common Stock — 391 shares (Direct, null); Class A Common Stock — 22,361 shares (Indirect, Shustek-Dubinsky Family Trust)
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. Represents shares that were contributed by the Reporting Person to the Reporting Person's trust. Represents the shares received by the Reporting Person's trust. Leonard Shustek & Donna Dubinsky, Trustees, Shustek-Dubinsky Family Trust Dated 8/1/04.
RSU grant size 391 shares Restricted Stock Units vesting immediately on grant date
Gifted shares (direct) 391 shares Bona fide gift from direct Class A holdings on June 15, 2026
Gifted shares (trust-related) 391 shares Bona fide gift involving Shustek-Dubinsky Family Trust on June 15, 2026
Trust holdings after transaction 22,361 shares Class A common stock held indirectly by Shustek-Dubinsky Family Trust
Direct holdings after transaction 391 shares Class A common stock held directly by Donna Dubinsky
Total gifted shares 782 shares Sum of two bona fide gift transactions 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.
bona fide gift financial
"transaction_code_description: "Bona fide gift" for two stock transfers."
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
indirect ownership financial
"ownership_type: "indirect" and nature_of_ownership: "Shustek-Dubinsky Family Trust"."
Shustek-Dubinsky Family Trust financial
"Leonard Shustek & Donna Dubinsky, Trustees, Shustek-Dubinsky Family Trust Dated 8/1/04."
grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition" for the RSU grant."
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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*
Dubinsky Donna

(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 Stock06/15/2026A391(1)A$0391(2)D
Class A Common Stock06/15/2026G(3)391D$00D
Class A Common Stock06/15/2026G(4)391A$022,361(2)IShustek-Dubinsky Family Trust(5)
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. Represents shares that were contributed by the Reporting Person to the Reporting Person's trust.
4. Represents the shares received by the Reporting Person's trust.
5. Leonard Shustek & Donna Dubinsky, Trustees, Shustek-Dubinsky Family Trust Dated 8/1/04.
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)

FAQ

What insider transactions did Twilio (TWLO) director Donna Dubinsky report?

Donna Dubinsky reported a grant of 391 Restricted Stock Units and two bona fide gifts of 391 Class A common shares each, involving her direct holdings and the Shustek-Dubinsky Family Trust, all dated June 15, 2026.

How many Twilio (TWLO) shares did Donna Dubinsky receive in the latest Form 4?

She received 391 shares of Twilio Class A common stock via a Restricted Stock Unit grant. Each RSU represents one share, and the RSUs vested immediately on the grant date, increasing her directly held position by that amount.

What gifts of Twilio (TWLO) stock did Donna Dubinsky report?

She reported two bona fide gifts of 391 Twilio Class A shares each. One transaction reflects shares contributed from her direct holdings, and the other reflects shares received by the Shustek-Dubinsky Family Trust associated with her, both dated June 15, 2026.

How many Twilio (TWLO) shares does Donna Dubinsky hold after these transactions?

After the reported transactions, Donna Dubinsky holds 391 Twilio Class A shares directly. The Shustek-Dubinsky Family Trust, associated with her as trustee, holds 22,361 shares indirectly according to the post-transaction reported balances.

What are the terms of Donna Dubinsky’s Twilio (TWLO) RSU grant?

The RSU grant covers 391 units, each equal to one Twilio Class A share. The filing states these Restricted Stock Units vested immediately on the grant date, making the corresponding shares fully owned at that time.

What role does the Shustek-Dubinsky Family Trust play in Twilio (TWLO) holdings?

The Shustek-Dubinsky Family Trust holds Twilio Class A shares indirectly for Donna Dubinsky. After the transactions, the trust’s reported balance is 22,361 shares, reflecting shares contributed by her and received by the trust on June 15, 2026.