IMMELT JEFFREY R 4
Research Summary
AI-generated summary
Twilio (TWLO) Director Jeffrey R. Immelt Receives RSU Award
What Happened
- Jeffrey R. Immelt, a director of Twilio Inc. (TWLO), was granted 703 Restricted Stock Units (RSUs) on 2026-03-15. The filing reports the award at $0.00 per share (total $0) and notes the RSUs vested immediately on the grant date. Each RSU represents a contingent right to one share of the issuer's Class A common stock.
Key Details
- Transaction type: Award/Grant (code A) — 703 RSUs
- Transaction date: 2026-03-15; Filing date: 2026-03-17 (filed within the typical two-business-day Form 4 window)
- Price reported: $0.00 per share; reported total value: $0
- Shares owned after transaction: Not specified in this filing
- Footnote: The RSUs vest immediately and each RSU equals the right to one Class A share
- No 10b5-1 plan, tax-withholding, or late-filing flags noted in the report
Context
- RSU grants are a form of compensation (not an open-market purchase or sale). Immediate vesting means Immelt acquired the right to receive the underlying shares on the grant date; tax consequences and actual share issuance/withholding may follow per company policy. Such awards are common for directors and do not by themselves indicate the insider is buying or selling based on a view of the company’s near-term prospects.