Summary by Futu AI
Twilio Inc., a leading cloud communications platform, has filed a Registration Statement on Form S-8 with the U.S. Securities and Exchange Commission (SEC) on February 27, 2024. The filing is intended to register additional shares for the company's employee stock plans. Specifically, Twilio is registering an additional 9,097,289 shares of Class A common stock under its Amended and Restated 2016 Stock Option and Incentive Plan, and 1,800,000 shares under its Amended and Restated 2016 Employee Stock Purchase Plan. These registrations are pursuant to the automatic annual increase provisions of the respective plans. The filing includes references to prior registration statements and incorporates by reference the contents of those documents. The Form S-8 filing also includes exhibits such as the opinion of Wilson Sonsini Goodrich & Rosati, P.C., consent from KPMG LLP, and the filing fee table. Twilio, headquartered in San Francisco, California, is recognized as a large accelerated filer under SEC definitions.