Form 4: Twilio CFO Aidan Viggiano Sells Shares Under 10b5-1 Trading Plan

Twilio's Chief Financial Officer, Aidan Viggiano, executed multiple sales of Class A Common Stock on April 3, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

• On April 3, 2025, Aidan Viggiano, the Chief Financial Officer of Twilio Inc., sold shares of Class A Common Stock.
• The sales were executed under a 10b5-1 trading plan established on March 7, 2024.
• A total of 8,735 shares were sold in multiple transactions at varying prices.
• The prices ranged from $90.09 to $94.4 per share.
• Following these transactions, Viggiano directly owns 167,905 shares of Class A Common Stock, some of which are Restricted Stock Units (RSUs).

Sentiment

Score: 5

Explanation: The document is a routine SEC filing regarding stock sales by an executive, which is neither particularly positive nor negative. The sales were conducted under a pre-arranged plan, suggesting no immediate cause for concern.

Industry Context

Executive stock sales are a common occurrence and are often pre-planned to avoid accusations of insider trading. The use of a 10b5-1 trading plan allows insiders to sell shares at predetermined times and prices.

Stakeholder Impact

• The stock sales could have a minor impact on shareholders, potentially causing a slight decrease in stock price due to increased supply.

Key Dates

Keywords

Form 4, Twilio, TWLO, Aidan Viggiano, CFO, Stock Sale, 10b5-1 Trading Plan, Class A Common Stock, Restricted Stock Units, SEC Filing