Twist Bioscience (TWST) Form 144 Discloses 1,704-Share Sale from Vesting
Rhea-AI Filing Summary
Twist Bioscience (TWST) Form 144 summary: A notice was filed for a proposed sale of 1,704 shares of common stock through Fidelity Brokerage Services on NASDAQ, with an aggregate market value of $46,962.07 and an approximate sale date of 09/22/2025. The filing states these shares were acquired on 09/22/2025 as restricted stock vesting and the payment type is listed as compensation. The issuer's number of shares outstanding is reported as 60,360,925.
The filing also discloses four prior sales by Emily M. Leproust during the past three months totaling 11,042 shares for aggregate gross proceeds of $304,506.36. The notice includes the standard attestation that the seller is not aware of undisclosed material adverse information about the issuer.
Positive
- Planned sale is fully disclosed with broker, quantity, value, and expected date
- Securities were acquired via restricted stock vesting, indicating compensation-related origin rather than an open-market purchase
Negative
- Insider has recently sold 11,042 shares in the past three months for aggregate gross proceeds of $304,506.36
- Proposed additional sale of 1,704 shares is scheduled, increasing insider-issued shares entering the market
Insights
TL;DR: Routine insider sale tied to compensation vesting; disclosure aligns with Rule 144 requirements and provides transparency.
The filing indicates the proposed sale arises from restricted stock vesting, which is a common mechanism for executive compensation. The filer attests no material nonpublic information exists, and transactions are routed through a broker (Fidelity). The disclosure of multiple recent sales by the same individual over the past three months offers investors visibility into insider liquidity, but the amounts disclosed do not on their face indicate extraordinary disposition relative to public float.
TL;DR: Insider sold shares recently and plans an additional small sale; transactions are quantified and consistent with compensation-related activity.
The document shows explicit quantities, dates, and gross proceeds for recent sales and the planned sale. The 1,704-share proposed sale is recorded with an aggregate market value of $46,962.07 and is slated for 09/22/2025. Recent dispositions by the same person totaled 11,042 shares for $304,506.36. These data points are useful for tracking insider selling trends, but the filing contains no operational or financial performance details about the issuer itself.