Twilio Director Andrew Stafman Sells 500,000 Shares for $123.5 Million
Stafman liquidated 79% of his equity position through indirect entities after the stock surged 159% over the past year. He retains ~133,000 shares worth approximately $32.9 million.
Overview
Andrew Stafman, Director at Twilio Inc. (NYSE:TWLO), sold ~500,000 shares of Class A Common Stock on August 12, 2026. SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($247.08); post-transaction value based on August 12, 2026 market close ($246.62).
Details
Twilio is a market-leading provider of cloud communications infrastructure, serving over 5,500 employees and commanding a $39.3 billion market capitalization. The company has demonstrated significant growth momentum, with TTM revenue of $5.6 billion and net income of $1.1 billion, reflecting strong profitability and operational leverage. Twilio's competitive advantage derives from its developer-centric platform architecture, extensive API ecosystem, and global scale, positioning it as a critical infrastructure provider for enterprises seeking to embed sophisticated communications capabilities into their customer engagement strategies.
Source
Originally published at www.fool.com.