Form 4: Twilio Director Erika Rottenberg Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Erika Rottenberg reports acquisition and disposal of Twilio Class A Common Stock, including transactions involving a revocable trust.
Summary
- On September 15, 2024, Erika Rottenberg, a director of Twilio Inc., reported changes in her beneficial ownership of the company's Class A Common Stock.
- Rottenberg acquired 1,283 shares of Class A Common Stock through Restricted Stock Units (RSUs) that vested immediately.
- She also contributed 1,283 shares to her revocable trust and the trust received 1,283 shares.
- Following these transactions, Rottenberg directly owns 0 shares and indirectly owns 36,212 shares through The Erika Rottenberg Revocable Trust.
Sentiment
Score: 5
Explanation: This is a neutral regulatory filing, so the sentiment is neither positive nor negative.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 09/15/2024 | Date of transactions involving Class A Common Stock and RSUs. |
| 09/17/2024 | Date of signature on the Form 4 filing. |
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