Twilio director logs RSU grant and share gifts

Twilio Inc. director Erika Rottenberg reported a mix of equity awards and gifts involving small amounts of Class A common stock.

Rhea-AI Filing Summary

Twilio Inc. director Erika Rottenberg reported a mix of equity awards and gifts involving small amounts of Class A common stock. She received 398 shares through a grant of Restricted Stock Units (RSUs) that vested immediately, with each RSU delivering one share of Class A stock. On the same date, she made bona fide gifts totaling 796 shares, with 398 shares contributed from her direct holdings to The Erika Rottenberg Revocable Trust and 398 shares reported as received by the trust. Following these transactions, one line shows 31,393 shares held indirectly by the revocable trust and another shows 398 shares held directly, indicating that most of her position remains intact.

Insider Trade Summary

796 shares gifted

Gift 3 txns

Insider ROTTENBERG ERIKA

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	398	$0.00	$0.00
Gift	Class A Common Stock	398	$0.00	$0.00
Gift	Class A Common Stock	398	$0.00	$0.00

Holdings After Transaction: Class A Common Stock — 0 shares (Direct); Class A Common Stock — 31,393 shares (Indirect, By Trust)

Footnotes (5)

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.
3. F3. Represents shares that were contributed by the Reporting Person to the Reporting Person's trust.
4. F4. Represents the shares received by the Reporting Person's trust.
5. F5. Shares are held by The Erika Rottenberg Revocable Trust.

Key Figures

RSU grant: 398 shares Gifted shares: 796 shares Indirect holdings: 31,393 shares +2 more

5 metrics

RSU grant 398 shares Immediately vesting RSUs, each for one Class A share

Gifted shares 796 shares Two bona fide gifts of 398 shares each on June 15, 2026

Indirect holdings 31,393 shares Class A shares held by The Erika Rottenberg Revocable Trust after transactions

Direct holdings 398 shares Class A shares held directly after RSU grant transaction

Transaction price $0.00 per share RSU grant and gifts reported at zero transaction price

Key Terms

Restricted Stock Units ("RSUs"), bona fide gift, Revocable Trust, indirect ownership

4 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.

bona fide gift financial

"transaction_code_description: "Bona fide gift" for both G-code transactions."

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.

Revocable Trust financial

"Shares are held by The Erika Rottenberg Revocable Trust."

A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.

indirect ownership financial

"direct_or_indirect: "I", nature_of_ownership: "By Trust"."

FAQ

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

What insider transactions did TWLO director Erika Rottenberg report?

Erika Rottenberg reported a small RSU grant and related gifts of Twilio Class A shares. She received 398 shares via immediately vesting RSUs and made bona fide gifts totaling 796 shares, largely shifting shares into The Erika Rottenberg Revocable Trust.

How many Twilio (TWLO) shares were granted to Erika Rottenberg?

She was granted 398 Restricted Stock Units, each representing one Twilio Class A share. The RSUs vested immediately on the grant date, providing 398 newly acquired shares treated as a compensation-related award rather than an open-market purchase.

What is the size of Erika Rottenberg’s indirect holdings in Twilio (TWLO)?

One transaction line reports 31,393 Twilio Class A shares held indirectly through The Erika Rottenberg Revocable Trust. This reflects her primary indirect position after the reported gifts, showing that most of her equity exposure remains with the revocable trust.

Were Erika Rottenberg’s recent Twilio (TWLO) transactions open-market buys or sells?

No, they were not open-market trades. The filing shows a compensation-related RSU grant of 398 shares and two bona fide gift dispositions totaling 796 shares, reflecting estate or personal planning rather than market-based buying or selling activity.

How did the gifts affect Erika Rottenberg’s direct Twilio (TWLO) holdings?

One gift transaction shows 398 shares disposed from her direct holdings, reducing that specific line to zero shares. However, a separate line after the RSU grant reports 398 shares held directly, indicating she still retains a modest direct position alongside larger trust holdings.

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

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Accepted by SEC EDGAR 06/17/2026 - 04:34 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^*

ROTTENBERG ERIKA

(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		398(1)	A	$0	398(2)	D
Class A Common Stock	06/15/2026		G(3)		398	D	$0	0	D
Class A Common Stock	06/15/2026		G(4)		398	A	$0	31,393(2)	I	By 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)
				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.

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. Shares are held by The Erika Rottenberg Revocable Trust.

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)