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Twilio director gets 344 RSUs, gifts shares

Twilio director Erika Rottenberg reported a small RSU grant and same-day transfer of 344 shares to her revocable trust, which now holds 28,237 shares indirectly.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

TWILIO INC (TWLO) director Erika Rottenberg reported equity compensation and related gifts involving the company’s Class A common stock. On September 15, 2026, she received a grant of 344 Restricted Stock Units (RSUs), which vested immediately. That same day, she contributed 344 shares to The Erika Rottenberg Revocable Trust, which in turn received 344 shares and held 28,237 shares indirectly after the transactions. No Rule 10b5-1 trading plan is indicated.

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Insider ROTTENBERG ERIKA
Role Director
Type Security Shares Price Value
Grant/Award Class A Common Stock F1, F2 344 $0.00 $0.00
Gift Class A Common Stock F3 344 $0.00 $0.00
Gift Class A Common Stock F4, F2, F5 344 $0.00 $0.00
Holdings After Transaction: Class A Common Stock — 0 shares (Direct); Class A Common Stock — 28,237 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.
RSUs granted 344 shares Restricted Stock Units granted to Erika Rottenberg on September 15, 2026, vesting immediately
Shares gifted to trust 344 shares Shares contributed by Erika Rottenberg to her trust as a bona fide gift on September 15, 2026
Shares received by trust 344 shares Shares received by The Erika Rottenberg Revocable Trust in the corresponding gift transaction
Indirect holdings after transaction 28,237 shares Twilio Class A common stock held indirectly by The Erika Rottenberg Revocable Trust after the gift
Gifted shares total 688 shares Total shares involved in bona fide gift code G transactions reported in this Form 4
Price per share for RSU grant $0.00 per share Reported price for the grant of 344 RSUs on September 15, 2026
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"
bona fide gift financial
"transaction code description: Bona fide gift"
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.

FAQ

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

What insider transactions did TWLO director Erika Rottenberg report on September 15, 2026?

She reported a grant of 344 RSUs of Twilio Class A common stock that vested immediately and a transfer of 344 shares to The Erika Rottenberg Revocable Trust, which then held 28,237 shares indirectly after the transactions.

How many Twilio (TWLO) shares did Erika Rottenberg’s trust hold after these transactions?

After the reported bona fide gift, The Erika Rottenberg Revocable Trust held 28,237 shares of Twilio Class A common stock indirectly attributable to Erika Rottenberg.

Were Erika Rottenberg’s September 15, 2026 TWLO transactions part of a Rule 10b5-1 plan?

No. The filing’s Rule 10b5-1 checkbox is not affirmed, and there is no footnote indicating that the September 15, 2026 transactions were made under a Rule 10b5-1 trading plan.

What is the nature of the 344-share award reported by Erika Rottenberg for TWLO?

The 344-share award is in the form of Restricted Stock Units (RSUs), each representing a contingent right to receive one share of Twilio’s Class A common stock. The RSUs vested immediately on the grant date.

Did Erika Rottenberg buy or sell Twilio (TWLO) shares for cash in this Form 4?

No cash purchases or sales are reported. The Form 4 shows a RSU grant of 344 units at $0.00 per share and share transfers as bona fide gifts involving 344 shares to and from her revocable trust.

How many Twilio (TWLO) shares were transferred as gifts by Erika Rottenberg?

In total, 688 shares are reported as involved in bona fide gift transactions on September 15, 2026, including 344 shares contributed by Erika Rottenberg and 344 shares received by The Erika Rottenberg Revocable Trust.

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*
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)
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 Stock09/15/2026A344(1)A$0344(2)D
Class A Common Stock09/15/2026G(3)344D$00D
Class A Common Stock09/15/2026G(4)344A$028,237(2)IBy 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. Shares are held by The Erika Rottenberg Revocable Trust.
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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