Suzuki Miyuki 4

What Happened

Suzuki Miyuki, a director of Twilio Inc. (TWLO), was granted 682 Restricted Stock Units (RSUs) on 2026-03-15. The Form 4 reports this as an award/acquisition (code A) with an acquisition price of $0.00 — a standard equity grant rather than a cash purchase. According to the filing, the RSUs vested immediately on the grant date.

Key Details

• Transaction date: 2026-03-15; Filing date: 2026-03-17 (appears timely under SEC Rule 16a-3).
• Shares acquired: 682 RSUs; reported acquisition price: $0.00 (grant).
• Shares owned after the transaction: not specified in the provided filing details.
• Footnotes: F1 — each RSU equals the contingent right to one share and the RSUs vested immediately. F2 — the reported amount includes RSUs that the reporting person has deferred.
• Transaction type: Award/Grant (not a market purchase or sale).

Context

RSUs represent a promise to deliver shares (typically subject to vesting/tax rules); because these RSUs vested immediately, they convert to the right to receive shares (subject to any deferral elections noted). Awards like this are routine compensation or board-director equity grants and are not an outright market buy or sell, so they should be interpreted as compensation-related rather than a direct signal of insider sentiment about near-term stock moves.