Twilio Director Erika Rottenberg Receives RSU Award, Gifts Shares

What Happened

• Erika Rottenberg, a director of Twilio Inc. (TWLO), received an award of 344 Restricted Stock Units (RSUs) that vested immediately on 2026-09-15 and were reported at $0.00 per share. The same 344 shares were then recorded as a gift/transfer to her revocable trust on the same date (reported $0.00). The filing shows the shares are held by The Erika Rottenberg Revocable Trust.

Key Details

• Transaction date: 2026-09-15; Form 4 filed: 2026-09-17 (appears timely).
• Transactions reported: Award/Grant (A) — 344 RSUs acquired @ $0.00; Gift/Transfer (G) — 344 shares disposed @ $0.00; Gift/Transfer (G) — 344 shares acquired by the trust @ $0.00.
• Reported dollar amount: $0 (these entries reflect RSU vesting and an in-kind transfer, not an open-market cash transaction).
• Shares after transaction: Not specified in the report; footnotes indicate the shares are held by The Erika Rottenberg Revocable Trust.
• Footnotes of note:
  • RSUs represent the contingent right to one share each and vested immediately on grant.
  • Some RSUs were deferred by the reporting person.
  • The reporting person contributed the shares to her trust; the trust received and holds the shares.

Context

• These entries describe an award (vested RSUs) and a subsequent gift/transfer to a revocable trust. Gifts and transfers into trusts are not market purchases or sales and do not by themselves indicate insider sentiment about the company stock.