1 unchanged sentence
Market Information for Common Stock
−Removed: Our Class A common stock (“common stock”) is traded on the New York Stock Exchange under the symbol “TWLO.” Our Class B common stock is neither listed nor traded, and no Class B common stock is currently issued or outstanding.
+Added: Our Class A common stock (“common stock”) is traded on the New York Stock Exchange under the symbol “TWLO.”
Holders of Record
As of January 31, 2026, we had 195 holders of record of our Class A common stock.
−Removed: There are no holders of record of our Class B common stock.
The actual number of stockholders is greater than this number of holders of record and includes stockholders who are beneficial owners but whose shares are held in street name by brokers and other nominees.
27 unchanged sentences
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−Removed: (1) In February 2023, our board of directors authorized the repurchase of up to $1.0 billion in aggregate value of our Class A common stock.
−Removed: In March 2024, our board of directors authorized the repurchase of an additional $2.0 billion in aggregate value of our Class A common stock.
−Removed: As of December 31, 2024, we repurchased $3.0 billion of outstanding shares of our Class A common stock under these prior authorizations, which expired on December 31, 2024.
(1) In January 2025, our board of directors authorized a new program to repurchase up to $2.0 billion in aggregate value of our Class A common stock, which expires on December 31, 2027.
4 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.