Viggiano Aidan 4

What Happened Aidan Viggiano, Chief Financial Officer of Twilio Inc. (TWLO), sold 8,528 shares on July 2, 2026 in an open-market/private sale. The shares were sold at $205.43 each for total proceeds of $1,751,907. The filing indicates the sales were executed under a pre-established 10b5-1 trading plan. A portion of the shares sold represent Restricted Stock Units (RSUs), each of which is a contingent right to receive one share of the company's Class A common stock. This was a sale (not a purchase), which is often routine for executives.

Key Details

• Transaction date: 2026-07-02; Filing date (Accession): 2026-07-07 (reported five days after the trade date).
• Price per share: $205.43; Shares sold: 8,528; Total proceeds: $1,751,907.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes: Sale executed under the reporting person’s 10b5-1 plan dated 6/6/2025 (F1). A portion of the shares sold were RSUs—each RSU converts to one share subject to vesting/settlement terms (F2).
• Transaction code: S = Sale (open market or private sale).

Context Sales under a 10b5-1 plan are pre-planned and generally reduce the informational value of the trade as a signal of the insider’s current view. RSUs sold were contingent awards that convert to shares; such sales can reflect vesting, tax needs, or plan-managed disposition rather than a discretionary decision to sell. This filing appears to have been submitted more than two business days after the trade (Form 4s are typically due within two business days), so check the full filing for any explanations regarding timing.