{
  "id": 719680,
  "title": "Twilio director Andrew Stafman sells $123.5 million in shares",
  "url": "https://urgent.news/2026/08/13/twilio-director-andrew-stafman-sells-123-5-million-in-shares",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-13T01:34:17.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/twilio-director-andrew-stafman-sells-1235-million-in-shares-93CH-4856517"
  },
  "original_language": "en",
  "account": "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.",
  "summary": null,
  "key_points": [
    "Twilio director Andrew Stafman sold $123.5 million in shares on August 12, 2026.",
    "Sold 500,000 shares at $247.08 per share.",
    "Stafman reduced his stake to 13,492 shares post-transaction."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}