Summary by Futu AI
Twilio Inc. officer Dana Wagner plans to sell 4,248 shares of common stock on 12/31/2024, with an estimated market value of $455,929. The shares are part of a Restricted Stock Unit (RSU) grant that will vest on the same date, acquired as equity compensation from the company.Over the past three months, Wagner has sold a total of 26,987 shares for gross proceeds of $2,421,208. This includes multiple transactions between October and December 2024, with the largest single sale being 4,629 shares for $509,190 on 12/04/2024.The consistent pattern of share sales by Wagner suggests a predetermined trading plan, possibly for diversification or liquidity purposes. Investors should note that insider sales can occur for various reasons and may not necessarily indicate a lack of confidence in the company's prospects.