TWLOTwilio
We envision a world in which every digital interaction is amazing. 10-K, Item 1
- Employees
- 5,587
- Headquarters
- San Francisco, CA
- CEO
- Khozema Shipchandler
- Next results
- around Feb 11, 2027
What TWLO's directors and officers said they would sell, before they sold: trading plans the company reports each quarter, and the Form 144 notices sellers file on the day of a planned sale. Facts only; most of these sales are routine, such as selling shares from vesting stock awards.
Trading plans adopted or ended
3 plans still running: Aidan Viggiano, Khozema Shipchandler, Erika Rottenberg.
| Insider | What | Date | Shares | Runs to | Reported in |
|---|---|---|---|---|---|
| Aidan Viggiano Chief Financial Officer |
Adopted 10b5-1 plan | Sep 1, 2026 | up to 117,944 | Sep 7, 2027 | 10-Q Oct 30, 2026 |
The company's descriptionOn September 1, 2026, Aidan Viggiano, our Chief Financial Officer, adopted a Rule 10b5-1 trading plan providing for (i) the sale of shares of our common stock issuable upon the vesting and settlement of 66,760 RSUs outstanding prior to the adoption of the plan, in addition to certain shares Ms. Viggiano acquires upon the vesting and settlement of any RSUs that may be granted after the adoption of the plan, in each case, net of shares sold in mandatory transactions to cover withholding taxes, plus (ii) the sale of up to 58,972 shares at target (or 117,944 shares at maximum, representing the maximum number of shares issuable under the PSUs) of our common stock upon the vesting of performance stock units (“PSUs”), the precise number of shares to vest and settle to be determined based on the Company’s achievement against certain performance conditions, net of shares sold in mandatory transactions to cover withholding taxes. The number of shares listed above for Ms. Viggiano includes shares subject to limit orders that may or may not execute. Trading will not commence under Ms. Viggiano’s new Rule 10b5-1 trading plan until her previous Rule 10b5-1 trading plan terminates by its terms. The duration of the new plan is until September 7, 2027 or earlier if all transactions under the plan have been completed. | |||||
| Khozema Shipchandler Chief Executive Officer and a member of our board of directors |
Adopted 10b5-1 plan | Feb 18, 2026 | up to 108,007 | Apr 9, 2027 | 10-Q May 1, 2026 |
The company's descriptionOn February 18, 2026, Khozema Shipchandler, our Chief Executive Officer and a member of our board of directors, adopted a Rule 10b5-1 trading plan providing for (i) the sale of shares of our common stock issuable upon the vesting and settlement of 104,754 RSUs outstanding prior to the adoption of the plan, in addition to certain shares Mr. Shipchandler acquires upon the vesting and settlement of any RSUs that may be granted after the adoption of the plan, in each case, net of shares sold in mandatory transactions to cover withholding taxes, plus (ii) the sale of up to 245,716 shares at target (or 491,432 shares at maximum, representing the maximum number of shares issuable under the PSUs) of our common stock upon the vesting of performance stock units (“PSUs”), which are expected to vest and settle in February 2027, the precise number of shares to vest and settle to be determined based on the Company’s achievement against certain performance conditions, net of shares sold in mandatory transactions to cover withholding taxes, plus (iii) the exercise and sale of up to an aggregate of 108,007 shares of common stock subject to vested stock options. The number of shares listed above for Mr. Shipchandler includes shares subject to limit orders that may or may not execute. Trading will not commence under Mr. Shipchandler’s new Rule 10b5-1 trading plan until his previous Rule 10b5-1 trading plan terminates by its terms. The duration of the new plan is until April 9, 2027 or earlier if all transactions under the plan have been completed. | |||||
| Erika Rottenberg member of our board of directors |
Adopted 10b5-1 plan | Dec 10, 2025 | up to 9,800 | 386 days | 10-K Feb 24, 2026 |
The company's descriptionOn December 10, 2025, Erika Rottenberg, a member of our board of directors, as trustee of the Erika Rottenberg Revocable Trust dated 1/28/2016 (the “Trust”), adopted a Rule 10b5-1 trading plan providing for the sale of (i) up to an aggregate of 9,800 shares of common stock held by the Trust, plus (ii) a number of additional shares corresponding to a portion of equity awards granted after the adoption of the plan. Trading will not commence under Ms. Rottenberg's new Rule 10b5-1 trading plan until her previous Rule 10b5-1 trading plan terminates by its terms. The number of shares listed above for Ms. Rottenberg includes shares subject to limit orders that may or may not execute. The duration of the plan is until December 31, 2026, or earlier if all transactions under the plan have been completed. | |||||
| Aidan Viggiano Chief Financial Officer |
Adopted 10b5-1 plan | Jun 6, 2025 | up to 68,226 | Jul 31, 2026 | 10-Q Aug 8, 2025 |
The company's descriptionOn June 6, 2025, Aidan Viggiano, our Chief Financial Officer, adopted a Rule 10b5-1 trading plan providing for the sale of (i) shares of our common stock issuable upon the vesting and settlement of up to 68,226 RSUs outstanding prior to the adoption of the plan and (ii) certain shares of our common stock that Ms. Viggiano will acquire upon the vesting and settlement of any RSUs that may be granted after the adoption of the plan, and in each case, net of shares sold in mandatory transactions to cover withholding taxes. The shares listed above for Ms. Viggiano include shares subject to limit orders that may or may not execute. The duration of the plan is until July 31, 2026 or earlier if all transactions under the plan have been completed. | |||||
| Erika Rottenberg member of our board of directors |
Adopted 10b5-1 plan | Feb 27, 2025 | up to 10,600 | Feb 27, 2026 | 10-Q May 2, 2025 |
The company's descriptionOn February 27, 2025, Erika Rottenberg, a member of our board of directors, as trustee of the Erika Rottenberg Revocable Trust dated 1/28/2016 (the “Trust”), adopted a Rule 10b5-1 trading plan providing for the sale of (i) up to an aggregate of 10,600 shares of common stock held by the Trust, plus (ii) a number of additional shares corresponding to a portion of equity awards granted after the adoption of the plan. The number of shares listed above for Ms. Rottenberg includes shares subject to limit orders that may or may not execute. The duration of the plan is until February 27, 2026 or earlier if all transactions under the plan have been completed. | |||||
| Khozema Shipchandler Chief Executive Officer and a member of our board of directors |
Adopted 10b5-1 plan | Feb 24, 2025 | up to 76,316 | Apr 10, 2026 | 10-Q May 2, 2025 |
The company's descriptionOn February 24, 2025, Khozema Shipchandler, our Chief Executive Officer and a member of our board of directors, adopted a Rule 10b5-1 trading plan providing for the sale of (i) up to an aggregate of 7,000 shares of our common stock held by Mr. Shipchandler, plus (ii) shares of our common stock issuable upon the vesting and settlement of 102,306 RSUs outstanding prior to the adoption of the plan, in addition to certain shares Mr. Shipchandler acquires upon the vesting and settlement of any RSUs that may be granted after the adoption of the plan, in each case, net of shares sold in mandatory transactions to cover withholding taxes, plus (iii) the exercise and sale of up to an aggregate of 76,316 shares of common stock subject to vested stock options. The number of shares listed above for Mr. Shipchandler includes shares subject to limit orders that may or may not execute. The duration of the plan is until April 10, 2026 or earlier if all transactions under the plan have been completed. | |||||
| Dana Wagner Chief Legal Officer |
Adopted 10b5-1 plan | May 21, 2024 | up to 104,525 | Aug 15, 2025 | 10-Q Aug 1, 2024 |
The company's descriptionOn May 21, 2024, Dana Wagner our Chief Legal Officer, adopted a Rule 10b5-1 trading plan providing for the sale of up to an aggregate of 104,525 shares of common stock held by Mr. Wagner, plus any shares acquired pursuant to equity awards granted after the adoption of the plan or purchased under our employee stock purchase plan prior to the termination of the plan. The number of shares listed above for Mr. Wagner includes performance-based awards presented at their target amounts and shares subject to limit orders that may or may not execute. The number of shares eligible for sale will also be reduced by shares sold in mandatory transactions to cover withholding taxes. The duration of the plan is until August 15, 2025 or earlier if all transactions under the plan have been completed. | |||||
| Aidan Viggiano Chief Financial Officer |
Adopted 10b5-1 plan | Mar 7, 2024 | up to 121,675 | 511 days | 10-Q May 8, 2024 |
The company's descriptionOn March 7, 2024, Aidan Viggiano, our Chief Financial Officer, entered into a Rule 10b5-1 trading plan providing for the sale of up to an aggregate of 121,675 shares of common stock held by Ms. Viggiano, plus any shares acquired pursuant to equity awards granted after the adoption of the plan or purchased under our employee stock purchase plan prior to the termination of the plan. The number of shares listed above for Ms. Viggiano includes performance-based awards presented at their target amounts and shares subject to limit orders that may or may not execute. The number of shares eligible for sale will also be reduced by shares sold in mandatory transactions to cover withholding taxes. The duration of the plan is until July 31, 2025 or earlier if all transactions under the plan have been completed. | |||||
| Khozema Shipchandler Chief Executive Officer and a member of our board of directors |
Adopted 10b5-1 plan | Mar 6, 2024 | up to 123,388 | 394 days | 10-Q May 8, 2024 |
The company's descriptionOn March 6, 2024, Khozema Shipchandler, our Chief Executive Officer and a member of our board of directors, adopted a Rule 10b5-1 trading plan providing for the sale of up to an aggregate of 123,388 shares of common stock held by Mr. Shipchandler, plus any shares acquired pursuant to equity awards granted after the adoption of the plan or purchased under our employee stock purchase plan prior to the termination of the plan. The number of shares listed above for Mr. Shipchandler includes performance-based awards presented at their target amounts and shares subject to limit orders that may or may not execute. The number of shares eligible for sale will also be reduced by shares sold in mandatory transactions to cover withholding taxes. The duration of the plan is until April 4, 2025 or earlier if all transactions under the plan have been completed. | |||||
| Richard Dalzell member of our Board of Directors |
Ended 10b5-1 plan | Jun 13, 2023 | up to 18,000 | 370 days | 10-Q Aug 9, 2023 |
The company's descriptionOn May 11, 2023, Richard Dalzell, a former member of our Board of Directors who did not stand for re-election at our annual meeting of stockholders on June 13, 2023, terminated a Rule 10b5-1 trading plan in connection with the termination of his service as a director. The terminated trading plan was effective until May 15, 2024 and provided for the sale of up to 18,000 shares of our Class A common stock. | |||||
| Mr. Wagner Chief Legal Officer |
Ended 10b5-1 plan | Jun 1, 2023 | up to 94,379 | 435 days | 10-Q Aug 9, 2023 |
The company's descriptionOn May 23, 2023, Dana Wagner, our Chief Legal Officer, adopted a Rule 10b5-1 trading plan (the “prior plan”) providing for the sale of shares of our Class A common stock. Due to clerical errors, prior to any sale being made pursuant to the prior plan, the prior plan was terminated on June 1, 2023. Mr. Wagner adopted a new Rule 10b5-1 trading plan (the “updated plan”) on June 5, 2023, to be effective until August 13, 2024, which provides for the sale of up to 94,379 shares of our Class A common stock, plus any shares acquired pursuant to equity awards granted after the adoption of the updated plan or purchased under our employee stock purchase plan prior to the termination of the updated plan. The number of shares listed above for Mr. Wagner includes performance-based awards presented at their target amounts and shares subject to limit orders that may or may not execute. The number of shares eligible for sale will also be reduced by shares sold in mandatory transactions to cover withholding taxes. | |||||
From the XBRL of the company's 10-Qs and 10-Ks (Regulation S-K Item 408, reported since 2023): 15 filings checked since May 10, 2023.
Form 144 notices of planned sales
| Filed | Seller | Shares | Value | Shares came from | 10b5-1 plan | Form 4 sales after |
|---|---|---|---|---|---|---|
| Oct 5, 2026 | Shipchandler Khozema Officer, Director |
14,442 | $4,203,120 | Restricted Stock Lapse | adopted Feb 18, 2026 | 14,442 shares from Oct 5, 2026 |
| Sep 30, 2026 | Viggiano Aidan Officer |
9,084 | $2,676,624 | Restricted Stock Lapse - See Remarks | none given | 9,084 shares from Sep 30, 2026 |
| Sep 30, 2026 | Shipchandler Khozema Officer, Director |
13,898 | $4,087,133 | Restricted Stock Lapse - See Remarks | none given | 28,340 shares from Sep 30, 2026 |
| Aug 17, 2026 | Viggiano Aidan Officer |
1,394 | $326,863 | Restricted Stock Lapse - See Remarks | none given | 1,394 shares from Aug 17, 2026 |
| Aug 12, 2026 | Sachem Head Capital Management LP Director, Affiliate of Director |
500,000 | $123,538,400 | Open market purchases | none given | 500,000 shares from Aug 12, 2026 |
| Aug 10, 2026 | ROTTENBERG ERIKA Director |
3,500 | $881,378 | Restricted Stock Lapse | adopted Dec 10, 2025 | 3,500 shares from Aug 10, 2026 |
| Jul 6, 2026 | Shipchandler Khozema Officer, Director |
14,458 | $3,042,343 | Restricted Stock Lapse | adopted Feb 18, 2026 | 14,458 shares from Jul 6, 2026 |
| Jul 2, 2026 | Viggiano Aidan Officer |
8,528 | $1,751,907 | Restricted Stock Lapse | adopted Jun 6, 2025 | 8,528 shares from Jul 2, 2026 |
| Jun 30, 2026 | Viggiano Aidan Officer |
9,093 | $1,829,978 | Restricted Stock Lapse - See Remarks | none given | 17,621 shares from Jun 30, 2026 |
| Jun 30, 2026 | Shipchandler Khozema Officer, Director |
13,881 | $2,793,699 | Restricted Stock Lapse - See Remarks | none given | 28,339 shares from Jun 30, 2026 |
| Jun 4, 2026 | Shipchandler Khozema Officer, Director |
44,158 | $10,416,150 | Employee Stock Option Exercise | adopted Feb 18, 2026 | 58,039 shares from Jun 4, 2026 |
| Jun 1, 2026 | ROTTENBERG ERIKA Director |
2,000 | $398,015 | Restricted Stock Lapse | adopted Dec 10, 2025 | 2,000 shares from Jun 1, 2026 |
| May 27, 2026 | Sachem Head Capital Management LP Affiliate of Director |
1,000,000 | $184,140,000 | Open market purchases | none given | 1,000,000 shares from May 27, 2026 |
| May 26, 2026 | Shipchandler Khozema Officer, Director |
32,158 | $5,971,687 | Employee Stock Option Exercise | adopted Feb 18, 2026 | 76,316 shares from May 26, 2026 |
| May 19, 2026 | Viggiano Aidan Officer |
1,828 | $365,600 | Restricted Stock Lapse | adopted Jun 6, 2025 | 1,828 shares from May 19, 2026 |
| May 15, 2026 | Viggiano Aidan Officer |
1,376 | $271,676 | Restricted Stock Lapse - See Remarks | none given | 3,204 shares from May 15, 2026 |
| May 12, 2026 | Sachem Head Capital Management LP Director, Affiliate of Director |
675,000 | $130,637,745 | Open market purchases | none given | 1,675,000 shares from May 12, 2026 |
| May 4, 2026 | ROTTENBERG ERIKA Director |
1,500 | $277,974 | Restricted Stock Lapse | adopted Dec 10, 2025 | 3,500 shares from May 4, 2026 |
| Apr 21, 2026 | ROTTENBERG ERIKA Director |
1,800 | $268,239 | Restricted Stock Lapse | adopted Dec 10, 2025 | 1,500 shares from May 4, 2026 |
| Apr 6, 2026 | Shipchandler Khozema Officer, Director |
15,715 | $2,096,193 | Restricted Stock Lapse | adopted Feb 24, 2025 | none found |
| Apr 2, 2026 | Viggiano Aidan Officer |
9,389 | $1,197,216 | Restricted Stock Lapse | adopted Jun 6, 2025 | none found |
| Mar 31, 2026 | Viggiano Aidan Officer |
8,231 | $1,010,653 | Restricted Stock Lapse - See Remarks | none given | none found |
| Mar 31, 2026 | Shipchandler Khozema Officer, Director |
12,624 | $1,550,337 | Restricted Stock Lapse - See Remarks | none given | none found |
| Mar 2, 2026 | Viggiano Aidan Officer |
806 | $100,750 | Restricted Stock Lapse | adopted Jun 6, 2025 | none found |
| Feb 17, 2026 | Viggiano Aidan Officer |
1,023 | $113,205 | Restricted Stock Lapse - See Remarks | none given | none found |
| Jan 6, 2026 | Shipchandler Khozema Officer, Director |
13,336 | $1,790,778 | Restricted Stock Lapse | adopted Feb 24, 2025 | none found |
| Jan 5, 2026 | Viggiano Aidan Officer |
7,213 | $980,752 | Restricted Stock Lapse | adopted Jun 6, 2025 | none found |
| Dec 31, 2025 | Viggiano Aidan Officer |
8,109 | $1,162,670 | Restricted Stock Lapse - See Remarks | none given | none found |
| Dec 31, 2025 | Shipchandler Khozema Officer, Director |
13,266 | $1,901,948 | Restricted Stock Lapse - See Remarks | none given | none found |
| Dec 2, 2025 | Sachem Head Capital Management LP Director, Affiliate of Director |
1,000,000 | $129,000,000 | Open market purchases | none given | none found |
| Nov 19, 2025 | Viggiano Aidan Officer |
546 | $65,902 | Restricted Stock Lapse | adopted Jun 6, 2025 | none found |
| Nov 17, 2025 | Viggiano Aidan Officer |
1,514 | $186,642 | Restricted Stock Lapse - See Remarks | none given | none found |
From the Form 144 XML filed with the SEC, since Nov 17, 2025. The value is the seller's estimate on the notice. "Form 4 sales after" matches the seller's Form 4 sales in the 30 days after the notice, by name; Form 4s go back 180 days.
Work on TWLO in a spreadsheet:
Excel workbook (a sheet per section, ten years by column, charts, links to the filings) ·
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