Summary by Futu AI
FMR LLC has filed an SC 13G form with the Securities and Exchange Commission (SEC), disclosing a 5.693% ownership stake in Twilio Inc. This form, filed on November 8, 2024, indicates that FMR LLC beneficially owns 9,144,488 shares of Twilio's Class A common stock. The filing was made under Rule 13d-1(b), suggesting that the investment is passive in nature and not intended to influence or change control of the company. Abigail P. Johnson, as a director, chairman, and CEO of FMR LLC, and through the Johnson family's voting agreement, may be deemed to have a controlling influence over FMR LLC. The filing includes a certification that the shares were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of Twilio Inc.