Summary by Moomoo AI
On 12/15/2024, Andrew Stafman, an executive at Twilio, was granted 749 shares of Class A Common Stock at $0 per share. This transaction was reported as completed, increasing Stafman's direct ownership to 10,045 shares following the acquisition.In addition to his direct holdings, Stafman indirectly owns 3,295,000 shares of Twilio's Class A Common Stock. The nature of this indirect beneficial ownership is referenced in footnotes, which were not provided in the given announcement.This stock grant appears to be part of Twilio's executive compensation program, potentially aligning the executive's interests with those of the company's shareholders. The zero-dollar purchase price suggests this may be a restricted stock unit (RSU) grant or similar equity-based compensation.
