Robinson Douglas A. 4
Research Summary
AI-generated summary
TWLO Director Douglas A. Robinson Receives 3,526 RSU Award
What Happened
- Douglas A. Robinson, a director of Twilio Inc. (TWLO), was granted 3,526 restricted stock units (RSUs) on 2026-03-24. The reported acquisition price is $0.00 (transaction code A — award/grant), so no cash changed hands in this transaction. Each RSU represents the contingent right to receive one share of the company's Class A common stock upon vesting.
Key Details
- Transaction date: 2026-03-24; Form 4 filed: 2026-03-26 (timely, within the normal two-business-day window).
- Award: 3,526 RSUs; reported acquisition price: $0.00; total reported value: $0 (award).
- Vesting schedule (per filing): 9.8% vest on June 10, 2026 (Initial Vesting Date); 45.1% vest on the one-year anniversary of the Initial Vesting Date; and 45.1% vest on the two-year anniversary of the Initial Vesting Date — all subject to continued service as a director.
- Shares owned after transaction: not specified in this filing.
- Footnotes: RSUs convert to one share each upon vesting; grant is subject to service-based vesting conditions.
Context
- This was a compensation award, not an open‑market purchase or sale. Awards of RSUs are common for directors and reflect compensation/retention practices rather than an immediate bullish or bearish market signal. The RSUs will only result in actual shares (and potential selling or holding) if and when they vest.