144 ·Filed May 4, 2026

TWLO

TWILIO INC
NEUTRAL
Impact 2/10
Horizondays Processed5mo ago SEC0001921094-26-000437
Form 144 — notice of proposed sale of securities
Actionable Insight • Neutral

Monitor for any pattern of increased insider selling, but this single director sale appears routine and likely for personal diversification or tax planning. No immediate trading action warranted.

DirectionNeutral
Confidencemedium
Horizondays
Final — all horizons settled through T+60d
TWLO ▼ -1.85% at T+60d
NEUTRAL call ✗ call lost -1.85% · α vs SPY -4.33% · entry $194.54 → $190.94
Entry anchored
May 4, 2026
via day open
T+1d
-1.90%
call -1.90% · α -3.28%
$190.85
settled 5mo ago
T+5d
-1.37%
call -1.37% · α -3.35%
$191.88
settled 5mo ago
T+20d
+17.87%
call +17.87% · α +12.91%
$229.30
settled 4mo ago
T+60d
-1.85%
call -1.85% · α -4.33%
$190.94
settled 2mo ago

Price Chart

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Executive Summary

Director Erika Rottenberg filed a Form 144 to sell 1,500 shares of Twilio, valued at approximately $277,974. The shares were acquired via restricted stock lapses in 2022. This is a routine, small-scale sale by a director, representing a negligible portion of the company's $27.8B market cap.

Key Facts

  • Erika Rottenberg (Director) intends to sell 1,500 shares.
  • Approximate value of sale: $277,974.
  • Shares acquired through restricted stock lapses in June and September 2022.
  • Sale represents ~0.0001% of Twilio's market cap.
  • Prior sale by same insider on 04/21/2026: 1,800 shares for $268,239.

Financial Impact

$277,974 sale by director, negligible relative to market cap.

Risk Factors

  • Insider selling could accelerate if share price rises or lockup expires.
  • Additional insider filings may signal changing sentiment.

Market Snapshot

Exchange
NYSE
Sector
Services-Prepackaged Software
Analyst Consensus
75% bullish (36 analysts)

Investment Themes

Software & IT

Documents Analyzed

This report is based on 3 SEC documents filed with EDGAR.

DocumentAccession Number
144 Filing (Primary)0001921094-26-000437
Document: 0001921094-26-000437-index.html0001921094-26-000437
Document: 0001921094-26-000437.txt0001921094-26-000437
14 reports for TWLO
Performance horizon
100% Hit rate 3 of 3 directional calls best @ T+5▲ +12.22%Jun 3, 2026
Filters
Rows
Reports for TWLO — sortable, filterable
TypeNow
Aug 19, 2026
6w ago
Insider Cluster
NEUTRAL ★ 4/10
$221.87 $246.24▲ +10.98%▲ +12.94%$294.86 (+32.90%)
Aug 10, 2026
7w ago
144
NEUTRAL ★ 2/10
$255.95 $227.19▼ −11.24%▼ −10.18%$294.86 (+15.20%)
Jul 8, 2026
12w ago
Insider Cluster
NEUTRAL ★ 2/10
$215.50 $193.22▼ −10.34%▼ −13.61%$294.86 (+36.82%)
Jul 7, 2026
12w ago
Insider Cluster
NEUTRAL ★ 2/10
$211.97 $196.59▼ −7.26%▼ −8.59%$294.86 (+39.10%)
Jul 2, 2026
13w ago
Insider Cluster
NEUTRAL ★ 2/10
$209.31 $190.94▼ −8.78%▼ −8.36%$294.86 (+40.87%)
Jun 17, 2026
15w ago
8-K
NEUTRAL ★ 2/10
$186.17 $206.70▲ +11.03%▲ +10.49%$294.86 (+58.38%)
Jun 11, 2026
16w ago
Institutional Cluster
NEUTRAL ★ 3/10
$206.62 $218.60▲ +5.80%▲ +3.91%$294.86 (+42.70%)
Jun 3, 2026
17w ago
Insider Cluster
BEARISH ★ 5/10
$235.39 $209.31▲ +11.08%▲ +9.45%$294.86 (−25.26%)
Jun 1, 2026
17w ago
144
NEUTRAL ★ 2/10
$228.41 $209.28▼ −8.38%▼ −6.56%$294.86 (+29.09%)
May 21, 2026
19w ago
Insider Cluster
BEARISH ★ 4/10
$187.86 $183.64▲ +2.25%▲ +2.08%$294.86 (−56.95%)
Showing 10 of 14

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