CLO Dana Wagner sold 4,629 shares of TWLO at $110.00 (2024-12-04); retains 125,576 shares.
Dana Wagner, Chief Legal Officer and Secretary of Twilio, sold 4,629 shares for $509,190.00 on 2024-12-04, reducing holdings by 3.6% to 125,576 shares. The sale occurred at $110.00 per share, while the stock currently trades at $113.42 and has appreciated 95.2% over the past 90 days and 25.6% over the past 30 days, reaching its 52-week high of $113.42. Despite strong recent momentum, Twilio remains unprofitable with net income of $-9.7M in its most recent full fiscal year, though the company generated $1.1B in quarterly revenue with 8.6% annual growth. Wagner's retention of 125.6K shares indicates continued material exposure to the company, though the sale's modest scale relative to total holdings and the trade's timing relative to recent stock momentum do not suggest material risk signals at face value.