TWLO.NYSETwilio INC

Form 4: Twilio Director Andrew Stafman Receives and Transfers Restricted Stock Units

Sentiment:

SEC Form 4 Filing

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Andrew Stafman, a director at Twilio, received restricted stock units (RSUs) which vested immediately and were then transferred to Sachem Head Capital Management LP.

Summary

  • On March 15, 2025, Andrew Stafman, a director of Twilio Inc., received 632 Restricted Stock Units (RSUs) that vested immediately.
  • These RSUs represent the contingent right to receive one share of Twilio's Class A common stock each.
  • Stafman then transferred all rights to these RSUs to Sachem Head Capital Management LP for no consideration.
  • The filing also reports Sachem Head's ownership of 3,295,000 shares of Twilio's Class A common stock.
  • The report is jointly filed by Stafman, Sachem Head Capital Management LP, Uncas GP LLC, Sachem Head GP LLC, and Scott D. Ferguson.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, so the sentiment is neutral.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Related Party Transactions

  • Andrew Stafman transferred RSUs to Sachem Head Capital Management LP, indicating a relationship between the director and the investment firm.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding insider transactions and ownership.

Key Dates

DateDescription
03/15/2025Date of transaction: Andrew Stafman received and transferred RSUs.
03/17/2025Date of Power of Attorney document.
03/18/2025Date of signatures for the Form 4 filing.

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