Bell Charles H 4
Research Summary
AI-generated summary
TWLO Director Charles H. Bell Receives 399 RSU Award
What Happened
- Charles H. Bell, a director of Twilio Inc. (TWLO), was granted 399 Restricted Stock Units (RSUs) on 2026-06-15. The filing reports an acquisition at $0.00 per share, for a reported transaction value of $0. These RSUs vested immediately on the grant date.
Key Details
- Transaction date: 2026-06-15; Form 4 filed: 2026-06-17 (2 days after the transaction).
- Transaction type: Award/Grant of RSUs (code A); reported price $0.00.
- Shares acquired: 399 RSUs (each RSU represents the contingent right to one share).
- Shares owned after transaction: Not specified in the provided filing.
- Footnotes: F1 — RSUs represent the right to one share and vested immediately. F2 — the total includes RSUs the reporting person has elected to defer.
- Timeliness: Filing date is two days after the transaction (consistent with the typical 2-business-day Form 4 window).
Context
- RSU awards are compensation and not an open-market purchase or sale; they don't necessarily signal a buy/sell decision by the insider. Because these RSUs vested immediately, they convert into the right to receive shares (subject to any deferral elections noted in the filing).