Bell Charles H 4

What Happened
Charles H. Bell, a director of Twilio Inc. (TWLO), received a grant of 688 restricted stock units (RSUs) on March 15, 2026. The RSUs were reported as acquired at $0.00 per unit (award/grant), and they vested immediately on the date of grant, meaning Bell has the contingent right to receive one share of Class A common stock per RSU.

Key Details

• Transaction date: 2026-03-15; Form 4 filed: 2026-03-17.
• Transaction type: Award/Grant (code A). Price reported: $0.00 per RSU.
• Number of RSUs: 688. Each RSU represents the right to one share when settled.
• Shares owned after transaction: Not specified in the Form 4 filing.
• Footnotes: F1 — RSUs represent the contingent right to one share and vested immediately on grant. F2 — Includes RSUs deferred by the reporting person.
• Timeliness: Filing date is Mar 17, 2026 for a Mar 15 transaction; the Form 4 does not indicate a late filing.

Context
RSU awards are a form of compensation rather than an open-market purchase or sale. Because these RSUs vested immediately, they typically convert into ordinary shares (or are otherwise settled) and may create a taxable event for the recipient—however, settlement details and tax withholding are not specified in this filing. Awards to directors are common and do not by themselves indicate the director is buying or selling stock on the open market.