CEO Khozema Shipchandler sold 44,158 shares of TWLO at $235.88 ($10.4M) under pre-arranged 10b5-1 plan; retains 235,542 shares post-sale.
CEO Khozema Shipchandler executed a scheduled sale of 44,158 shares at $235.88, totaling $10,416,148.01, under a pre-arranged 10b5-1 trading plan. The current price of $212.54 is -10.9% from the 52-week high of $238.48, and the stock has returned +5.4% over 30 days and +69.8% over 90 days. This represents the CEO's sixth documented trade at TWLO in recent days, following five prior sales on 2026-05-26; his cross-ticker track record across 20 prior open-market sales shows an average 90-day return of +38.5%, while his five prior TWLO-specific trades returned +20.2% to +22.4% over 90 days. The scheduled nature of this sale under a 10b5-1 plan indicates the transaction was pre-determined rather than discretionary. Post-sale, Shipchandler holds 235,542 shares, down from the pre-transaction 279,700 shares, a reduction of -15.8% of his prior holdings.