$TWLO · TWILIO INC
Twilio CFO Aidan Viggiano reported seven open-market sales totaling 9,084 shares for $2,676,624 at prices between $289.68 and $296.34. No 10b5-1 trading plan was indicated. Post-sale, Viggiano holds 99,246 shares.
- CFO Aidan Viggiano sold 9,084 shares for $2,676,624 total across seven transactions at prices ranging from $289.68 to $296.34.
- No 10b5-1 trading plan was indicated — the sales were discretionary.
- Post-transaction, Viggiano retains 99,246 shares.
- The sales represent approximately 8.4% of the CFO's total position (9,084 of ~108,330 pre-sale shares).
- Transaction sizes varied from 100 to 3,504 shares, with the largest block at $294.53 fetching $1,032,017.
Markets closed — no regular-session reaction yet; extended-hours move not captured here. Insider sales by C-suite officers without a 10b5-1 plan can weigh on sentiment, though the 8.4% position reduction is modest.
A CFO's discretionary stock sale without a 10b5-1 plan draws attention, though the modest 8.4% position reduction and large retained stake limit the signal.
_Not applicable._
Discretionary CFO sale without a 10b5-1 plan may signal reduced confidence, though the retained stake of 99,246 shares tempers that signal.
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