Twilio (NYSE: TWLO) insider details RSU grant and transfer to revocable trust

Rhea-AI Filing Summary

Twilio Inc reported that one of its directors completed equity transactions involving Class A common stock on December 15, 2025. The director received 639 restricted stock units (RSUs), each representing the right to receive one Class A share, and the RSUs vested immediately at a reported price of $0 per share.

On the same date, the director contributed 639 Class A shares to The Erika Rottenberg Revocable Trust, and the trust received the same number of shares at a reported price of $0. After these transactions, 35,609 Class A shares were beneficially owned indirectly through the trust.

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

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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 CA 94105

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
12/15/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	12/15/2025		A		639(1)	A	$0	639	D
Class A Common Stock	12/15/2025		G(2)		639	D	$0	0	D
Class A Common Stock	12/15/2025		G(3)		639	A	$0	35,609	I	By Trust(4)

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. Represents shares that were contributed by the Reporting Person to the Reporting Person's trust.

3. Represents the shares received by the Reporting Person's trust.

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

Remarks:

	/s/ Juliana Chen as attorney-in-fact for Reporting Person	12/17/2025
	** 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.
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FAQ

What insider equity transactions did Twilio (TWLO) report for December 15, 2025?

A Twilio director reported receiving 639 restricted stock units (RSUs) for Class A common stock and contributing 639 Class A shares to a revocable trust on December 15, 2025.

How many RSUs were granted to the Twilio (TWLO) director and when did they vest?

The director was granted 639 RSUs, each convertible into one Class A share, and the RSUs vested immediately on the grant date of December 15, 2025.

What transfer was made to The Erika Rottenberg Revocable Trust in this Twilio (TWLO) report?

The report shows that 639 Class A shares were contributed by the director to The Erika Rottenberg Revocable Trust, and the trust received the same number of shares at a reported price of $0.

How many Twilio (TWLO) Class A shares are beneficially owned after these transactions?

Following the reported transactions, a total of 35,609 Class A shares were beneficially owned indirectly through The Erika Rottenberg Revocable Trust.

Are the Twilio (TWLO) shares held directly or indirectly by the reporting person?

After the contribution of shares to the trust, the report shows 0 directly held Class A shares and 35,609 Class A shares held indirectly through The Erika Rottenberg Revocable Trust.

What does the reported price of $0 mean for the Twilio (TWLO) RSUs and share transfer?

Both the grant of 639 RSUs and the contribution and receipt of 639 Class A shares were reported with a price of $0 per share, indicating no cash purchase price was paid in these transactions.