Twilio director Andrew Stafman sells $123.5 million in shares

Director Andrew Stafman of TWILIO INC (NASDAQ:TWLO) recently disposed of a significant portion of his Class A Common Stock shares, amounting to $123,540,000, on August 12, 2026. The shares were sold at a single price of $247.08 per share, representing a total of 500,000 shares. This sale occurred as Twilio stock flirted with its 52-week pinnacle of $258.35, following an impressive 142% surge in value over the preceding year.

However, InvestingPro's analysis suggests the stock is currently overvalued relative to its intrinsic value, a factor investors should weigh when assessing this insider transaction. Mr. Stafman, who also serves as a partner at Sachem Head Capital Management LP, found himself owning 13,492 shares directly post-transaction and an additional 120,000 shares, indirectly, through various Sachem Head entities. These transactions have led to a reduced stake of 13,492 shares for Mr. Stafman.