Form 4: Twilio Director Miyuki Suzuki Reports Tax-Related Stock Disposal
SEC Form 4 Filing
Director Miyuki Suzuki of Twilio Inc. reports the disposal of 496 shares of Class A common stock to cover tax obligations related to vesting Restricted Stock Units (RSUs).
Summary
- On June 12, 2024, Miyuki Suzuki, a director of Twilio Inc., disposed of 496 shares of Class A common stock.
- The transaction was executed to satisfy tax withholding obligations related to the vesting of Restricted Stock Units (RSUs).
- The shares were sold at a price of $57.65 per share.
- Following the transaction, Suzuki directly owns 13,132 shares of Class A common stock, a portion of which are RSUs.
Sentiment
Score: 5
Explanation: The document describes a routine transaction related to tax obligations, which is neither particularly positive nor negative.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders. This transaction is related to tax obligations, which is a common reason for stock disposals by executives and directors.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 06/12/2024 | Date of transaction: Disposal of 496 shares of Class A common stock. |
| 06/14/2024 | Date of signature on the Form 4 filing. |
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