Twilio (NYSE: TWLO) awards 3,526 RSUs to board director Robinson
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Twilio Inc. director Douglas A. Robinson received an equity award of 3,526 Class A shares in the form of restricted stock units (RSUs). The award was granted at no cash cost and represents his entire reported direct holding of Class A common stock after this transaction.
Each RSU converts into one share of Class A common stock as it vests. According to the vesting schedule, 9.8% of the RSUs will vest on June 10, 2026, with 45.1% vesting on the first anniversary of that date and the remaining 45.1% on the second anniversary, in each case contingent on his continued service as a director.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Robinson Douglas A.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 3,526 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 3,526 shares (Direct)
Footnotes (1)
- The shares reported in this transaction represent Restricted Stock Units ("RSUs"). Each RSU represents the contingent right to receive one share of the Issuer's Class A common stock. The RSUs shall vest as follows: 9.8% of the RSUs will vest on June 10, 2026, the one year anniversary of our last annual meeting of stockholders (the "Initial Vesting Date"), 45.1% of the RSUs will vest on the one year anniversary of the Initial Vesting Date and 45.1% of the RSUs will vest on the two year anniversary of the Initial Vesting Date, subject, in each case, to continued service as a director of the Issuer through each such vesting date. These shares represent RSUs. Each RSU represents a contingent right to receive one share of the Issuer's Class A common stock.
FAQ
What did Twilio (TWLO) director Douglas A. Robinson report on this Form 4?
Douglas A. Robinson reported an award of 3,526 restricted stock units representing Twilio Class A common stock. These RSUs were granted at no cash cost and constitute his reported direct holding of 3,526 Class A shares following the transaction.
What is the vesting schedule for Douglas A. Robinson’s Twilio (TWLO) RSUs?
The RSUs vest over three stages tied to Twilio’s 2025 annual meeting anniversary. 9.8% vest on June 10, 2026, then 45.1% on the first anniversary of that date and 45.1% on the second anniversary, subject to continued board service.
What conditions apply to vesting of Robinson’s Twilio (TWLO) RSUs?
Vesting is contingent on continued service as a director through each vesting date. Portions of the 3,526 RSUs vest in 2026 and on the first and second anniversaries of June 10, 2026, assuming Robinson remains on Twilio’s board.