PATRICK DEVAL L 4
4 · TWILIO INC · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
Twilio Director Deval Patrick Receives 673 RSU Award
What Happened
Deval Patrick, a director of Twilio Inc. (TWLO), was granted 673 restricted stock units (RSUs) on 2026-03-15. The Form 4 reports this as an award/acquisition (code A) with an acquisition price of $0.00; the filing notes the RSUs vested immediately on the grant date.
Key Details
- Transaction date: 2026-03-15; Form 4 filed 2026-03-17 (reports acquisition at $0.00).
- Shares involved: 673 RSUs granted and vested immediately.
- Shares owned after transaction: not specified in the provided filing.
- Footnotes: F1 — each RSU represents the contingent right to one share and vested immediately; F2 — includes RSUs the reporting person has elected to defer.
- Transaction type: Compensation award (not an open-market purchase or sale).
Context
RSUs are a form of equity compensation that convert to shares (or cash) based on company rules; because these RSUs vested immediately, the reporting person gained the right to the underlying shares subject to any deferral elections. Grants like this are routine compensation for insiders and do not necessarily signal a buy/sell decision in the open market.
Insider Transaction Report
Form 4
TWILIO INCTWLO
PATRICK DEVAL L
Director
Transactions
- Award
Class A Common Stock
[F1][F2]2026-03-15+673→ 18,327 total
Footnotes (2)
- [F1]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 vested immediately on the date of grant.
- [F2]Includes RSUs that have been deferred by the Reporting Person.
Signature
/s/ Juliana Chen as attorney-in-fact for Reporting Person|2026-03-17