Twist Bioscience (NASDAQ: TWST) holder to sell 1,965 shares for taxes, compensation
Rhea-AI Filing Summary
Twist Bioscience Corp (TWST) has a notice of proposed sale of common stock under Rule 144 for the account of Adam Laponis. The filing lists 1,965 shares of common stock to be sold, acquired via restricted stock vesting from the issuer as compensation on 08/20/2026. As of 08/21/2026, Laponis held 1,965 shares with an aggregate market value of $273,265.47, and Twist Bioscience had 62,707,424 shares outstanding. The filing notes that the sale includes shares necessary to cover tax obligations from settlement of a vested equity award.
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Negative
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Key Figures
Shares to be sold under Rule 144: 1,965 shares
Aggregate market value of shares held: $273,265.47
Shares outstanding: 62,707,424 shares
+3 more
6 metrics
Shares to be sold under Rule 144
1,965 shares
Common stock to be sold for Adam Laponis, acquired via restricted stock vesting on 08/20/2026
Aggregate market value of shares held
$273,265.47
Value of 1,965 Twist Bioscience shares held as of 08/21/2026
Shares outstanding
62,707,424 shares
Twist Bioscience common shares outstanding as of 08/21/2026
Sale on 05/21/2026
2,019 shares for $107,525.08
Common stock sold by Adam Laponis in the past 3 months
Sale on 05/29/2026
4,000 shares for $280,000.00
Common stock sold by Adam Laponis in the past 3 months
Sale on 07/09/2026
2,399 shares for $226,306.06
Common stock sold by Adam Laponis in the past 3 months
Key Terms
Rule 144, Restricted Stock Vesting, attorney-in-fact
3 terms
Rule 144 regulatory
"See the 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
"Common | 08/20/2026 | Restricted Stock Vesting | Issuer"
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.
attorney-in-fact regulatory
"as attorney-in-fact for Adam Laponis"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
FAQ
What does the Form 144 filing disclose for Twist Bioscience Corp (TWST)?
It discloses that Adam Laponis intends to sell 1,965 shares of Twist Bioscience common stock under Rule 144, which were acquired as compensation through restricted stock vesting on 08/20/2026. Part of the sale is to cover related tax obligations.
What prior sales has Adam Laponis made in Twist Bioscience (TWST) stock?
Over the past three months, Adam Laponis sold 2,019 shares for $107,525.08 on 05/21/2026, 4,000 shares for $280,000.00 on 05/29/2026, and 2,399 shares for $226,306.06 on 07/09/2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.