Twilio Director Andrew Stafman Receives Quarterly RSU Grant

Executive Summary

On September 17, 2026, a Form 4 was filed jointly by Andrew Stafman, Sachem Head Capital Management LP, and affiliated entities regarding Twilio Inc. ($TWLO). The filing reports an acquisition of 345 shares of Class A Common Stock via an immediately vesting Restricted Stock Unit (RSU) award on September 15, 2026, granted as director compensation at a transaction price of $0.00.

Transaction Details

• Reporting Insider: Andrew Stafman (Director)
• Joint Filers: Sachem Head Capital Management LP, Uncas GP LLC, Sachem Head GP LLC, and Scott D. Ferguson
• Transaction Code: A (Award/Grant)
• Security: Class A Common Stock
• Shares Acquired: 345 shares
• Price Per Share: $0.00
• Beneficial Ownership Post-Transaction:
  • Direct: 14,236 shares (RSUs, including 4,191 deferred units; economic interest transferred to Sachem Head under partnership arrangement)
  • Indirect: 120,000 shares held directly by Sachem Head Funds

Market Significance

This transaction is evaluated as Low significance. The acquisition represents standard, routine equity compensation for board service rather than an open-market purchase or sale. Per footnote disclosures, the economic interest in the granted units is assigned to Sachem Head Capital Management LP.