Form 4: Twilio Director Miyuki Suzuki Reports Stock Transactions
SEC Form 4 Filing
Director Miyuki Suzuki reported the acquisition and disposal of Twilio Inc. Class A Common Stock related to vesting of Restricted Stock Units (RSUs).
Summary
- On June 5, 2024, Miyuki Suzuki, a director of Twilio Inc., reported transactions involving Class A Common Stock.
- Suzuki acquired 1,255 shares of Class A Common Stock through the vesting of Restricted Stock Units (RSUs) at a price of $0.
- Simultaneously, 283 shares were withheld by Twilio to cover tax obligations related to the RSU vesting at a price of $56.74.
- Following these transactions, Suzuki directly owns 13,628 shares of Twilio's Class A Common Stock, a portion of which are represented by RSUs.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to stock transactions. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information.
Positives
- The vesting of RSUs indicates that Suzuki is meeting performance or time-based milestones set by the company.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine compensation practices.
Key Dates
| Date | Description |
|---|---|
| 06/05/2024 | Date of stock transactions (acquisition and disposal related to RSU vesting). |
| 06/07/2024 | Date of signature on the Form 4 filing. |
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