Viggiano Aidan 4
4 · TWILIO INC · Filed Apr 6, 2026
Research Summary
AI-generated summary of this filing
Twilio (TWLO) CFO Aidan Viggiano Sells Shares
What Happened Aidan Viggiano, Chief Financial Officer of Twilio (TWLO), sold a total of 9,389 shares in two open-market transactions on April 2, 2026, generating approximately $1,197,215 in proceeds. The first sale was 4,342 shares at a weighted average price of $127.02 (prices in that block ranged $126.50–$127.44). The second sale was 5,047 shares at a weighted average price of $127.93 (prices in that block ranged $127.50–$128.11). A portion of the shares sold represented vested RSUs.
Key Details
- Transaction date: April 2, 2026 (reported on Form 4 filed April 6, 2026).
- Total shares sold: 9,389; total proceeds: ~$1,197,215.
- Price details: weighted averages shown; individual sale prices ranged $126.50–$128.11 per share (see footnotes for ranges).
- Trading plan: sales were executed under a 10b5-1 trading plan dated June 6, 2025.
- Award/RSU note: part of the shares sold were from vested RSUs (each RSU equals one share).
- Filing timeliness: Form 4 was filed four days after the transactions (typically due within two business days), so this filing was late.
- Shares owned after the transaction: not disclosed in the supplied filing.
Context These were sales (not purchases) and were executed under a pre-established 10b5-1 plan, which is commonly used to schedule insider trades and can make sales more routine rather than signaling a change in view. RSU-related sales reflect disposition of previously granted compensation. Retail investors should view scheduled sales differently than opportunistic insider buys; purchases are generally considered a stronger signal of insider conviction.
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2][F3]2026-04-02$127.02/sh−4,342$551,533→ 135,388 total - Sale
Class A Common Stock
[F1][F4][F3]2026-04-02$127.93/sh−5,047$645,682→ 130,341 total
Footnotes (4)
- [F1]The sale reported was executed under the Reporting Person's 10b5-1 trading plan, dated as of 6/6/2025.
- [F2]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $126.50 to $127.44 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F3]A portion of these shares represent RSUs. Each RSU represents a contingent right to receive one share of the Issuer's Class A common stock.
- [F4]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $127.50 to $128.11 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.