Summary by Moomoo AI
Twilio's Chief Executive Officer, Khozema Shipchandler, is set to sell 11,285 shares of Class A Common Stock on December 31, 2024. The planned transaction will be executed at a price of $107.2106 per share, totaling approximately $1.21 million.The sale represents a portion of Shipchandler's direct holdings in the company. Following the transaction, the CEO will retain ownership of 255,805 shares of Twilio's Class A Common Stock. This planned disposal is categorized as an open market or private sale.It's important to note that this transaction is scheduled for the future and may be subject to change. The information provided is based on a regulatory filing and reflects the company's disclosure of insider trading activity.