IMMELT JEFFREY R 4

What Happened Jeffrey R. Immelt, a director of Twilio Inc. (TWLO), was granted 408 restricted stock units (RSUs) on 2026-06-15. The RSUs vested immediately on the grant date and were reported with an acquisition price of $0.00 (total reported value $0). The shares underlying the RSUs are held by the Jeffrey R. Immelt February 2026 Twilio GRAT.

Key Details

• Transaction date: 2026-06-15; Form 4 filed: 2026-06-17 (appears timely).
• Transaction type/code: Award/Grant (A); 408 RSUs @ $0.00.
• Shares owned after transaction: Not specified in the filing; reported as held by the Jeffrey R. Immelt February 2026 Twilio GRAT (per footnote).
• Footnotes: F1 — each RSU equals the contingent right to one Class A common share and vested immediately. F2 — shares are held in the referenced GRAT (dated March 4, 2026).
• No indication of a sale, open-market purchase, or 10b5-1 plan in this filing.

Context This was an award/vesting event, not a market purchase or sale. RSU grants and transfers into family trusts or GRATs are commonly used for compensation and estate-planning purposes and do not on their own indicate insider buying or selling sentiment. The immediate vesting means the recipient has the right to the shares, subject to how the GRAT holds or distributes them.