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Twist Bioscience officer plans $1.52M share sale

The notice links the planned sale to a vested equity award and says an amount is included to cover a related tax obligation.

(Neutral)

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Form Type
144

Rhea-AI Filing Summary

Twist Bioscience Corp (TWST) reported that officer Adam Laponis plans to sell 8,057 common shares, with an aggregate market value of $1,521,836.78 and an approximate sale date of October 2, 2026. The shares are associated with restricted stock vesting on October 1, 2026; the sale includes an amount necessary to cover a tax obligation resulting from settlement of a vested equity award distribution.

Shares listed for sale 8,057 shares Approximate sale date October 2, 2026
Aggregate market value $1,521,836.78 Shares listed for sale
Prior shares sold 2,399 shares July 9, 2026
Gross proceeds $226,306.06 Sale on July 9, 2026
Prior shares sold 1,965 shares August 21, 2026
Gross proceeds $273,265.47 Sale on August 21, 2026
Rule 144 regulatory
"definition of "person" in paragraph (a) of Rule 144"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Vesting financial
"Restricted Stock Vesting"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
vested equity award distribution financial
"settlement of a vested equity award distribution"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many TWST shares does Adam Laponis plan to sell?

Adam Laponis listed 8,057 common shares for sale, with an aggregate market value of $1,521,836.78 and an approximate sale date of October 2, 2026.

Why does Adam Laponis's planned TWST sale include shares?

The notice says the sale includes an amount necessary to cover a tax obligation resulting from settlement of a vested equity award distribution. The securities to be sold are listed in connection with restricted stock vesting on October 1, 2026.

What TWST shares did Adam Laponis sell during the prior three months?

Adam Laponis reported sales of 2,399 common shares on July 9, 2026, for gross proceeds of $226,306.06, and 1,965 common shares on August 21, 2026, for gross proceeds of $273,265.47.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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