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TWILIO INC·4

Jun 3, 4:23 PM ET

ROTTENBERG ERIKA 4

Research Summary

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Twilio (TWLO) Director Erika Rottenberg Sells 2,000 Shares

What Happened
Erika Rottenberg, a director of Twilio Inc. (TWLO), sold 2,000 shares in an open-market transaction on 2026-06-01 for a weighted average price of $199.01, generating proceeds of approximately $398,015. This was a sale (not a purchase or award).

Key Details

  • Transaction date: 2026-06-01 (reported on Form 4 filed 2026-06-03). No late filing is indicated in the filing dates.
  • Shares sold: 2,000; weighted average price: $199.01; total proceeds: ~$398,015.
  • Price range: sales occurred at prices between $199.00 and $199.075 per share (weighted average reported). The filer can provide per-price breakdown on request (per footnote).
  • Plan/authorization: Executed under a 10b5-1 trading plan dated 12/10/2025 (pre-arranged trading plan).
  • Ownership after transaction: Not specified in the provided filing excerpt.
  • Shares held in: The Erika Rottenberg Revocable Trust (per footnote).

Context
The sale was carried out under a 10b5-1 plan, which is a pre-established trading arrangement that can schedule sales regardless of short-term market views. Shares are held in a revocable trust, and the filing does not by itself indicate the director’s current level of ownership or future intentions.