Epstein Jeff 4
Research Summary
AI-generated summary
Twilio (TWLO) Director Jeff Epstein Receives 951-Share RSU Award
What Happened Jeff Epstein, a director of Twilio Inc. (TWLO), was granted 951 Restricted Stock Units (RSUs) on 2026-03-15. The Form 4 reports the acquisition at $0.00 because these were RSUs (a compensation award), and the units vested immediately on the grant date per the filing. The filing does not state a market dollar value for the shares received.
Key Details
- Transaction date: 2026-03-15; Form 4 filed: 2026-03-17 (timely filing).
- Transaction type/code: Award/Grant (A).
- Amount: 951 RSUs reported as acquired at $0.00 (each RSU represents the contingent right to one share).
- Shares owned after transaction: Not specified in the provided filing details.
- Footnotes: F1 — RSUs represent contingent right to one share and vested immediately; F2 — includes RSUs deferred by the reporting person; F3 — these shares are held by the Epstein Family Revocable Trust.
- No indication of a sale or open-market purchase in this filing.
Context RSUs are a form of equity compensation; they represent the right to receive shares (or their cash value) subject to vesting and other conditions. Because these RSUs vested immediately and were granted as compensation, this is not a market purchase (which some investors view as a stronger bullish signal) nor a sale. The filing shows the award was reported promptly to the SEC.