Twilio CEO Sells Company Shares Worth 3 Billion Won

Twilio Inc. (NASDAQ: TWLO) CEO Khozema Shipchandler, pursuant to a pre-arranged Rule 10b5-1 trading plan, sold roughly 15,000 shares of Class A common stock on the open market on April 6, 2026, realizing approximately $2.1 million (about ₩3 billion). The shares changed hands at prices between $132 and $135 per share. Following the sale, Shipchandler reported direct ownership of around 235,000 shares. According to the filing, a significant portion of his stake is derived from restricted stock units (RSUs), which, at current share prices, are valued at an estimated $31 million to $32 million (roughly ₩40 billion).

In its first-quarter 2026 results, Twilio delivered its highest revenue and gross-margin growth rates in three years, surpassing analysts’ expectations. The company also raised its full-year revenue-growth outlook from 11.5–12.5% to 14–15%. Fueled by strong demand for its AI-powered customer-engagement solutions, Twilio’s stock jumped about 20% immediately after the earnings release, drawing heightened investor interest.

Headquartered in San Francisco, Twilio is a cloud-communications and customer-engagement platform that offers voice calls, SMS messaging and authentication services via APIs. Shipchandler succeeded founder Jeff Lawson as CEO in 2024, having previously served as Twilio’s chief financial officer and head of its core business units.