Twilio (NYSE: TWLO) director Jeffrey Immelt receives 703-share RSU stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
IMMELT JEFFREY R reported acquisition or exercise transactions in this Form 4 filing.
Twilio Inc. director Jeffrey R. Immelt received an award of 703 shares of Class A common stock in the form of Restricted Stock Units. The RSUs vested immediately on the grant date, giving him full rights to the shares. Following this grant, he directly holds 34,114 shares of Twilio Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
IMMELT JEFFREY R
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 703 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 34,114 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Twilio (TWLO) report for Jeffrey R. Immelt?
Twilio reported that director Jeffrey R. Immelt received 703 shares of Class A common stock through a Restricted Stock Unit grant. The award vested immediately on the grant date, increasing his direct holdings to 34,114 shares after the transaction.
Was the Twilio (TWLO) Form 4 transaction a purchase or a grant?
The Form 4 shows a grant, not an open-market purchase. Jeffrey R. Immelt acquired 703 shares via a Restricted Stock Unit award with a transaction code “A,” indicating a grant or award rather than a cash purchase on the market.
What are the key details of the Restricted Stock Units granted by Twilio (TWLO)?
The reported transaction represents Restricted Stock Units, each equivalent to one share of Class A common stock. A total of 703 RSUs were granted to Jeffrey R. Immelt, and all of these RSUs vested immediately on the date of grant, delivering shares right away.
Does the Twilio (TWLO) Form 4 indicate any derivative securities for Jeffrey R. Immelt?
The Form 4 data show no derivative transactions or remaining derivative positions for Jeffrey R. Immelt in this filing. The reported activity is limited to a non-derivative award of 703 Restricted Stock Units that converted into Class A common stock upon immediate vesting.