secwatch.observer — SEC 8-K summary
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Issuer:     TWILIO INC (TWLO)
CIK:        0001447669
Form:       8-K
Filed at:   2025-06-11T23:59:59+00:00
Accession:  0001193125-25-139163
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.03, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Twilio shareholders approve declassification of board and elimination of supermajority voting
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- Stockholders voted to declassify the board (103.3M for, 5.96M against) and eliminate supermajority voting (103.1M for, 6.09M against).
- Declassification, supermajority removal, and removal of inoperative Class B references filed as Amended Charter on June 10, 2025.
- Three Class III directors elected: Donna Dubinsky, Deval Patrick, and Miyuki Suzuki (each >98.6M votes for).
- Non-binding say-on-pay approved with 92.4M for, 16.8M against; KPMG ratified as auditor for FY2025.
- All six proposals passed; quorum of 123.3M shares (80.76% of voting power) present.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1447669/000119312525139163/0001193125-25-139163-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1447669/000119312525139163/d898551d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-139163

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer