Twilio (TWLO) stock slides as CEO share-sale filing lands; February earnings loom
NEW YORK, Jan 9, 2026, 15:07 EST — Regular session Twilio shares fell on Friday after a regulatory filing showed Chief Executive Khozema Shipchandler sold stock under a pre-arranged trading plan. The stock was down 3.9% at $132.13, after earlier trading as high as $138.39. The disclosure matters now because Twilio has become a crowded, rate-sensitive software trade again, and investors are quick to react to any signal around insider activity. With the next earnings report weeks away, traders are trying to separate routine selling from a shift in tone ahead of 2026 guidance. The broader market was firmer after
