Twilio Director Andrew Stafman Sells 500,000 Shares for $123.5 Million

Transaction summary

Transaction worth based connected SEC Form 4 weighted mean merchantability terms ($247.08); post-transaction worth based connected August 12, 2026 marketplace adjacent ($246.62).

Key questions

• What is the value of this 79% simplification successful holdings?
  The disposal of ~500,000 shares represents a important liquidation of the insider's equity position, though Andrew Stafman retains a remaining involvement of ~133,000 shares crossed some nonstop and indirect accounts.

• What are the details of the indirect ownership operation for these shares?
  The shares were held done a bid of entities including Sachem Head Capital Management LP, Uncas GP LLC, Sachem Head GP LLC, and the Sachem Head Funds, with Scott Ferguson and Andrew Stafman sharing imaginable beneficial ownership.

• How did the banal execute starring up to this transaction?
  The merchantability was executed astatine $247.08 per share, occurring aft the banal terms appreciated 159% implicit the 12-month play ending connected the August 12, 2026 transaction date.

• What is the existent insider ownership level aft this sale?
  Following this transaction, the full nonstop and indirect ownership reported by Andrew Stafman represents astir 0.0880% of the company's outstanding shares.

Company Overview

Company Snapshot

• Twilio provides a broad cloud-based communications level with a robust suite of exertion programming interfaces (APIs) that alteration developers to integrate voice, messaging, and different lawsuit engagement capabilities straight into their bundle applications.

• The institution generates gross done a consumption-based exemplary wherever customers wage for API usage and communications services, allowing enterprises and developers to standard their lawsuit engagement solutions without important upfront infrastructure investments.

• Twilio serves a divers lawsuit basal spanning startups, mid-market enterprises, and Fortune 500 companies crossed some U.S. and planetary markets who necessitate scalable, programmable communications infrastructure for lawsuit engagement.