Twilio (TWLO) director Erika Rottenberg reports RSU grant and bona fide share gifts
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
796 shares gifted
Mixed
3 txns
Insider
ROTTENBERG ERIKA
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 398 | $0.00 | -- |
| Gift | Class A Common Stock | 398 | $0.00 | -- |
| Gift | Class A Common Stock | 398 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 398 shares (Direct, null);
Class A Common Stock — 31,393 shares (Indirect, By Trust)
Footnotes (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. 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
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.
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.