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Twilio director granted 337 RSUs in stock award

Twilio director Patrick Deval received an immediately vesting RSU grant, increasing his direct holdings to 19,055 Class A shares including deferred RSUs.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Twilio Inc. (TWLO) director Patrick Deval reported an acquisition of 337 shares of Class A Common Stock on September 15, 2026 through a grant of Restricted Stock Units (RSUs). Each RSU represents the contingent right to receive one share and vested immediately on the grant date. Following this grant, Deval directly holds 19,055 shares, which include RSUs that have been deferred.

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Negative

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Insider PATRICK DEVAL L
Role Director
Type Security Shares Price Value
Grant/Award Class A Common Stock F1, F2 337 $0.00 $0.00
Holdings After Transaction: Class A Common Stock — 19,055 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.
RSUs granted 337 shares Class A Common Stock RSU grant to director on September 15, 2026
Reported price per share $0.0000 per share RSU grant of 337 shares classified as a grant/award acquisition
Shares held after transaction 19,055 shares Direct holdings of Patrick Deval after RSU grant, including deferred RSUs
Transaction date September 15, 2026 Date RSU grant to Patrick Deval was 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"
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 TWLO director Patrick Deval report?

Patrick Deval reported an acquisition of 337 shares of Twilio Class A Common Stock on September 15, 2026 via a grant of Restricted Stock Units (RSUs) that vested immediately.

How many TWLO shares does Patrick Deval hold after this Form 4 transaction?

After the reported RSU grant, Patrick Deval directly holds 19,055 shares of Twilio Class A Common Stock, including RSUs that have been deferred by him.

What are the terms of the RSUs granted to the TWLO director?

The filing states the 337 RSUs each represent the contingent right to receive one share of Twilio Class A common stock, and that the RSUs vested immediately on the date of grant.

Did Patrick Deval pay a purchase price for the 337 TWLO RSUs?

No cash purchase price is reported. The transaction lists 337 shares acquired at a reported price of $0.0000 per share, consistent with a grant or award of RSUs rather than an open-market purchase.

Was this TWLO insider transaction made under a Rule 10b5-1 trading plan?

The Form 4 indicates no Rule 10b5-1 trading plan for this transaction, as the document-level 10b5-1 checkbox is reported as unchecked.

Do Patrick Deval’s reported TWLO holdings include deferred RSUs?

Yes. A footnote explains that the 19,055 shares reported after the transaction include RSUs that have been deferred by the reporting person.

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

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Learn about SEC filing dates
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*
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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/15/2026
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 Stock09/15/2026A337(1)A$019,055(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)
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.
Remarks:
/s/ Juliana Chen as attorney-in-fact for Reporting Person09/17/2026
** 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)

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