Viggiano Aidan 4

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.