Summary by Moomoo AI
Twilio's Chief Legal Officer and Secretary, Dana Wagner, is set to sell 4,248 shares of Class A Common Stock on 12/31/2024. The planned transaction will be executed in two parts: 4,148 shares at $107.3181 per share and 100 shares at $107.74 per share.The total value of the disposed shares is estimated at $455,929.48. Following the transaction, Wagner's direct ownership of Twilio's Class A Common Stock will decrease to 32,590 shares. This planned sale represents a reduction in Wagner's stake in the company.The transaction is classified as an open market or private sale, indicating a standard stock disposition by an executive. As the sale is scheduled for a future date, it may be part of a pre-planned trading program designed to comply with insider trading regulations.