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[Form 4] Twilio Inc. Insider Trading Activity

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Rhea-AI Filing Summary

VCI Global Limited (Nasdaq: VCIG) filed a Form 6-K announcing two board-level changes effective 7 July 2025.

  • Mr. Lee Tze Wee has been appointed as an independent director and will join the Audit, Nominating & Corporate Governance, and Compensation Committees. The Board confirmed that he satisfies Nasdaq and SEC Rule 10-A-3(b)(1) independence criteria.
  • Mr. Alex Chua Siong Kiat, previously an independent director, has been re-designated as an executive director. A related press release was furnished as Exhibit 99.1.

Mr. Lee brings 15+ years of senior finance experience, including interim Group CFO of an SGX-listed entity and former CFO of a Malaysia Airlines subsidiary. He is an FCPA (CPA Australia) and Chartered Accountant (Malaysia), fluent in English, Malay and Mandarin.

The filing is incorporated by reference into the company’s active F-3 registration statements (File Nos. 333-282353 & 333-279521).

VCI Global Limited (Nasdaq: VCIG) ha presentato un modulo Form 6-K annunciando due cambiamenti a livello di consiglio di amministrazione con effetto dal 7 luglio 2025.

  • Il Sig. Lee Tze Wee è stato nominato direttore indipendente e farà parte dei comitati di Revisione, Nomine e Governance Aziendale, e Compensi. Il Consiglio ha confermato che soddisfa i criteri di indipendenza stabiliti da Nasdaq e dalla regola SEC 10-A-3(b)(1).
  • Il Sig. Alex Chua Siong Kiat, precedentemente direttore indipendente, è stato ridenominato come direttore esecutivo. Un comunicato stampa correlato è stato fornito come Allegato 99.1.

Il Sig. Lee vanta oltre 15 anni di esperienza senior in ambito finanziario, incluso il ruolo di CFO ad interim di un’entità quotata alla SGX e di ex CFO di una controllata di Malaysia Airlines. È FCPA (CPA Australia) e Commercialista Certificato (Malesia), e parla fluentemente inglese, malese e mandarino.

La presentazione è incorporata per riferimento nelle dichiarazioni di registrazione F-3 attive della società (File Nos. 333-282353 & 333-279521).

VCI Global Limited (Nasdaq: VCIG) presentó un Formulario 6-K anunciando dos cambios a nivel de junta directiva con vigencia a partir del 7 de julio de 2025.

  • El Sr. Lee Tze Wee ha sido nombrado director independiente y se unirá a los Comités de Auditoría, Nominaciones y Gobernanza Corporativa, y Compensaciones. La Junta confirmó que cumple con los criterios de independencia de Nasdaq y la regla SEC 10-A-3(b)(1).
  • El Sr. Alex Chua Siong Kiat, anteriormente director independiente, ha sido reclasificado como director ejecutivo. Un comunicado de prensa relacionado fue proporcionado como Anexo 99.1.

El Sr. Lee aporta más de 15 años de experiencia senior en finanzas, incluyendo CFO interino de un entidad listada en SGX y ex CFO de una subsidiaria de Malaysia Airlines. Es FCPA (CPA Australia) y Contador Público Certificado (Malasia), y domina inglés, malayo y mandarín.

La presentación se incorpora por referencia en las declaraciones de registro F-3 activas de la compañía (Números de archivo 333-282353 y 333-279521).

VCI Global Limited (나스ë‹�: VCIG)ëŠ� 2025ë…� 7ì›� 7ì¼ë¶€í„� 효력ì� ë°œìƒí•˜ëŠ” ì´ì‚¬íš� 수준ì� ë‘� ê°¶Äì§€ ë³€ê²� 사항ì� 발표하는 Form 6-Kë¥� 제출했습니다.

  • ì´ìž¬ìœ�(Lee Tze Wee) ì”�ê°¶Ä ë…립 ì´ì‚¬ë¡� 임명ë˜ì–´ ê°ì‚¬ìœ„ì›íš�, ì§€ëª� ë°� 기업 지배구ì¡� 위ì›íš�, ë³´ìƒìœ„ì›íšŒì— 합류í•� 예정입니ë‹�. ì´ì‚¬íšŒëŠ” 그갶� 나스ë‹� ë°� SEC 규칙 10-A-3(b)(1)ì� ë…립ì„� 기준ì� 충족한다ê³� 확ì¸í–ˆìŠµë‹ˆë‹¤.
  • 알렉ìŠ� 추아 시옹 키앗(Alex Chua Siong Kiat) ì”�ëŠ� ì´ì „ì—� ë…립 ì´ì‚¬ì˜€ìœ¼ë‚˜ ì§‘í–‰ ì´ì‚¬ë¡� 재지정ë˜ì—ˆìŠµë‹ˆë‹¤. ê´€ë � ë³´ë„ìžë£ŒëŠ� Exhibit 99.1ë¡� 제출ë˜ì—ˆìŠµë‹ˆë‹�.

ì� 씨는 SGX ìƒìž¥ 기업ì� 임시 그룹 CFO ë°� ë§ë ˆì´ì‹œì•� í•­ê³µ ìžíšŒì‚¬ì˜ ì � CFO ë“� 15ë…� ì´ìƒì� 고위 재무 경험ì� 보유하고 있습니다. 그는 FCPA(CPA 오스트레ì¼ë¦¬ì•�) ë°� ê³µì¸íšŒê³„ì‚�(ë§ë ˆì´ì‹œì•�) ìžê²©ì� 갖추었으ë©� ì˜ì–´, ë§ë ˆì´ì–´, 중국ì–�(만다ë¦�)ì—� 능통합니ë‹�.

ì� 제출 서류ëŠ� 회사ì� 활성 F-3 ë“±ë¡ ëª…ì„¸ì„�(File Nos. 333-282353 ë°� 333-279521)ì—� 참조ë¡� í¬í•¨ë©ë‹ˆë‹�.

VCI Global Limited (Nasdaq : VCIG) a déposé un formulaire 6-K annonçant deux changements au niveau du conseil d'administration, effectifs à partir du 7 juillet 2025.

  • M. Lee Tze Wee a été nommé administrateur indépendant et rejoindra les comités d'audit, de nomination et de gouvernance d'entreprise, ainsi que de rémunération. Le conseil a confirmé qu'il répond aux critères d'indépendance de Nasdaq et de la règle SEC 10-A-3(b)(1).
  • M. Alex Chua Siong Kiat, auparavant administrateur indépendant, a été requalifié en administrateur exécutif. Un communiqué de presse associé a été fourni en tant que pièce 99.1.

M. Lee apporte plus de 15 ans d'expérience financière senior, notamment en tant que directeur financier par intérim d'une entité cotée au SGX et ancien directeur financier d'une filiale de Malaysia Airlines. Il est FCPA (CPA Australie) et expert-comptable agréé (Malaisie), et maîtrise l'anglais, le malais et le mandarin.

Le dépôt est incorporé par référence dans les déclarations d'enregistrement F-3 actives de la société (numéros de dossier 333-282353 et 333-279521).

VCI Global Limited (Nasdaq: VCIG) hat ein Formular 6-K eingereicht, in dem zwei Änderungen auf Vorstandsebene mit Wirkung zum 7. Juli 2025 angekündigt werden.

  • Herr Lee Tze Wee wurde als unabhängiges Vorstandsmitglied ernannt und wird den Ausschüssen für Prüfung, Nominierung & Corporate Governance sowie Vergütung beitreten. Der Vorstand bestätigte, dass er die Unabhängigkeitskriterien von Nasdaq und der SEC-Regel 10-A-3(b)(1) erfüllt.
  • Herr Alex Chua Siong Kiat, zuvor unabhängiges Vorstandsmitglied, wurde als geschäftsführendes Vorstandsmitglied neu eingestuft. Eine zugehörige Pressemitteilung wurde als Anlage 99.1 beigefügt.

Herr Lee verfügt über mehr als 15 Jahre Führungserfahrung im Finanzbereich, darunter als Interims-Gruppen-CFO eines an der SGX gelisteten Unternehmens und ehemaliger CFO einer Tochtergesellschaft von Malaysia Airlines. Er ist FCPA (CPA Australien) und Chartered Accountant (Malaysia) und spricht fließend Englisch, Malaiisch und Mandarin.

Die Einreichung wird durch Verweis in den aktiven F-3-Registrierungserklärungen des Unternehmens (Aktenzeichen 333-282353 & 333-279521) aufgenommen.

Positive
  • Addition of a highly experienced finance executive improves board financial expertise
  • Continued compliance with Nasdaq and SEC independence requirements confirmed
Negative
  • Re-designation of a former independent director to executive role reduces independent representation
  • No accompanying strategic or financial guidance provided, limiting transparency on potential impact

Insights

TL;DR: Board adds seasoned finance professional as independent director but loses one independent seat as Mr. Chua becomes executive; overall governance impact neutral-to-slightly positive.

The addition of Mr. Lee strengthens the Board’s financial acumen and satisfies Nasdaq independence standards, which is beneficial ahead of any future capital-market activity linked to the F-3 shelf. However, re-designating Mr. Chua from independent to executive diminishes the ratio of independent directors and may require further appointments to maintain majority independence, depending on the Board’s size. No financial metrics or strategy changes were disclosed, so the immediate valuation impact is limited.

VCI Global Limited (Nasdaq: VCIG) ha presentato un modulo Form 6-K annunciando due cambiamenti a livello di consiglio di amministrazione con effetto dal 7 luglio 2025.

  • Il Sig. Lee Tze Wee è stato nominato direttore indipendente e farà parte dei comitati di Revisione, Nomine e Governance Aziendale, e Compensi. Il Consiglio ha confermato che soddisfa i criteri di indipendenza stabiliti da Nasdaq e dalla regola SEC 10-A-3(b)(1).
  • Il Sig. Alex Chua Siong Kiat, precedentemente direttore indipendente, è stato ridenominato come direttore esecutivo. Un comunicato stampa correlato è stato fornito come Allegato 99.1.

Il Sig. Lee vanta oltre 15 anni di esperienza senior in ambito finanziario, incluso il ruolo di CFO ad interim di un’entità quotata alla SGX e di ex CFO di una controllata di Malaysia Airlines. È FCPA (CPA Australia) e Commercialista Certificato (Malesia), e parla fluentemente inglese, malese e mandarino.

La presentazione è incorporata per riferimento nelle dichiarazioni di registrazione F-3 attive della società (File Nos. 333-282353 & 333-279521).

VCI Global Limited (Nasdaq: VCIG) presentó un Formulario 6-K anunciando dos cambios a nivel de junta directiva con vigencia a partir del 7 de julio de 2025.

  • El Sr. Lee Tze Wee ha sido nombrado director independiente y se unirá a los Comités de Auditoría, Nominaciones y Gobernanza Corporativa, y Compensaciones. La Junta confirmó que cumple con los criterios de independencia de Nasdaq y la regla SEC 10-A-3(b)(1).
  • El Sr. Alex Chua Siong Kiat, anteriormente director independiente, ha sido reclasificado como director ejecutivo. Un comunicado de prensa relacionado fue proporcionado como Anexo 99.1.

El Sr. Lee aporta más de 15 años de experiencia senior en finanzas, incluyendo CFO interino de un entidad listada en SGX y ex CFO de una subsidiaria de Malaysia Airlines. Es FCPA (CPA Australia) y Contador Público Certificado (Malasia), y domina inglés, malayo y mandarín.

La presentación se incorpora por referencia en las declaraciones de registro F-3 activas de la compañía (Números de archivo 333-282353 y 333-279521).

VCI Global Limited (나스ë‹�: VCIG)ëŠ� 2025ë…� 7ì›� 7ì¼ë¶€í„� 효력ì� ë°œìƒí•˜ëŠ” ì´ì‚¬íš� 수준ì� ë‘� ê°¶Äì§€ ë³€ê²� 사항ì� 발표하는 Form 6-Kë¥� 제출했습니다.

  • ì´ìž¬ìœ�(Lee Tze Wee) ì”�ê°¶Ä ë…립 ì´ì‚¬ë¡� 임명ë˜ì–´ ê°ì‚¬ìœ„ì›íš�, ì§€ëª� ë°� 기업 지배구ì¡� 위ì›íš�, ë³´ìƒìœ„ì›íšŒì— 합류í•� 예정입니ë‹�. ì´ì‚¬íšŒëŠ” 그갶� 나스ë‹� ë°� SEC 규칙 10-A-3(b)(1)ì� ë…립ì„� 기준ì� 충족한다ê³� 확ì¸í–ˆìŠµë‹ˆë‹¤.
  • 알렉ìŠ� 추아 시옹 키앗(Alex Chua Siong Kiat) ì”�ëŠ� ì´ì „ì—� ë…립 ì´ì‚¬ì˜€ìœ¼ë‚˜ ì§‘í–‰ ì´ì‚¬ë¡� 재지정ë˜ì—ˆìŠµë‹ˆë‹¤. ê´€ë � ë³´ë„ìžë£ŒëŠ� Exhibit 99.1ë¡� 제출ë˜ì—ˆìŠµë‹ˆë‹�.

ì� 씨는 SGX ìƒìž¥ 기업ì� 임시 그룹 CFO ë°� ë§ë ˆì´ì‹œì•� í•­ê³µ ìžíšŒì‚¬ì˜ ì � CFO ë“� 15ë…� ì´ìƒì� 고위 재무 경험ì� 보유하고 있습니다. 그는 FCPA(CPA 오스트레ì¼ë¦¬ì•�) ë°� ê³µì¸íšŒê³„ì‚�(ë§ë ˆì´ì‹œì•�) ìžê²©ì� 갖추었으ë©� ì˜ì–´, ë§ë ˆì´ì–´, 중국ì–�(만다ë¦�)ì—� 능통합니ë‹�.

ì� 제출 서류ëŠ� 회사ì� 활성 F-3 ë“±ë¡ ëª…ì„¸ì„�(File Nos. 333-282353 ë°� 333-279521)ì—� 참조ë¡� í¬í•¨ë©ë‹ˆë‹�.

VCI Global Limited (Nasdaq : VCIG) a déposé un formulaire 6-K annonçant deux changements au niveau du conseil d'administration, effectifs à partir du 7 juillet 2025.

  • M. Lee Tze Wee a été nommé administrateur indépendant et rejoindra les comités d'audit, de nomination et de gouvernance d'entreprise, ainsi que de rémunération. Le conseil a confirmé qu'il répond aux critères d'indépendance de Nasdaq et de la règle SEC 10-A-3(b)(1).
  • M. Alex Chua Siong Kiat, auparavant administrateur indépendant, a été requalifié en administrateur exécutif. Un communiqué de presse associé a été fourni en tant que pièce 99.1.

M. Lee apporte plus de 15 ans d'expérience financière senior, notamment en tant que directeur financier par intérim d'une entité cotée au SGX et ancien directeur financier d'une filiale de Malaysia Airlines. Il est FCPA (CPA Australie) et expert-comptable agréé (Malaisie), et maîtrise l'anglais, le malais et le mandarin.

Le dépôt est incorporé par référence dans les déclarations d'enregistrement F-3 actives de la société (numéros de dossier 333-282353 et 333-279521).

VCI Global Limited (Nasdaq: VCIG) hat ein Formular 6-K eingereicht, in dem zwei Änderungen auf Vorstandsebene mit Wirkung zum 7. Juli 2025 angekündigt werden.

  • Herr Lee Tze Wee wurde als unabhängiges Vorstandsmitglied ernannt und wird den Ausschüssen für Prüfung, Nominierung & Corporate Governance sowie Vergütung beitreten. Der Vorstand bestätigte, dass er die Unabhängigkeitskriterien von Nasdaq und der SEC-Regel 10-A-3(b)(1) erfüllt.
  • Herr Alex Chua Siong Kiat, zuvor unabhängiges Vorstandsmitglied, wurde als geschäftsführendes Vorstandsmitglied neu eingestuft. Eine zugehörige Pressemitteilung wurde als Anlage 99.1 beigefügt.

Herr Lee verfügt über mehr als 15 Jahre Führungserfahrung im Finanzbereich, darunter als Interims-Gruppen-CFO eines an der SGX gelisteten Unternehmens und ehemaliger CFO einer Tochtergesellschaft von Malaysia Airlines. Er ist FCPA (CPA Australien) und Chartered Accountant (Malaysia) und spricht fließend Englisch, Malaiisch und Mandarin.

Die Einreichung wird durch Verweis in den aktiven F-3-Registrierungserklärungen des Unternehmens (Aktenzeichen 333-282353 & 333-279521) aufgenommen.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Shipchandler Khozema

(Last) (First) (Middle)
101 SPEAR STREET, FIFTH FLOOR

(Street)
SAN FRANCISCO CA 94105

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
TWILIO INC [ TWLO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Officer
3. Date of Earliest Transaction (Month/Day/Year)
07/03/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 07/03/2025 S(1) 8,993 D $116.6925(2) 251,588(3) D
Class A Common Stock 07/03/2025 S(1) 4,568 D $117.7621(4) 247,020(3) D
Class A Common Stock 07/03/2025 S(1) 34 D $118.3344(5) 246,986(3) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. The sales reported were executed under the Reporting Person's 10b5-1 trading plan, dated as of 2/24/2025.
2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $116.24 to $117.22 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
3. A portion of these shares represent Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share of Issuer's Class A common stock.
4. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $117.2727 to $118.27 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
5. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $118.30 to $118.43 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Remarks:
/s/ Juliana Chen as attorney-in-fact for Reporting Person 07/08/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

Who was appointed as an independent director at VCIG in July 2025?

VCI Global appointed Mr. Lee Tze Wee as an independent director effective 7 July 2025.

What committees will Mr. Lee Tze Wee join at VCI Global?

He will serve on the Audit Committee, Nominating & Corporate Governance Committee, and Compensation Committee.

Did VCIG confirm Mr. Lee’s independence under Nasdaq rules?

Yes. The Board determined he meets Nasdaq listing standards and SEC Rule 10-A-3(b)(1) for independence.

What change occurred with director Alex Chua Siong Kiat?

Mr. Chua was re-designated from independent director to executive director on 7 July 2025.

Does this 6-K affect VCIG’s existing registration statements?

Yes. The report is incorporated by reference into the company’s F-3 registration statements (File Nos. 333-282353 & 333-279521).
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