Twist Bioscience (NASDAQ: TWST) officer sets 854-share sale tied to equity taxes
Rhea-AI Filing Summary
Twist Bioscience Corp (TWST) reported that officer Robert F. Werner filed a Rule 144 notice covering a proposed sale of 854 shares of common stock through Fidelity Brokerage Services LLC on or after August 24, 2026, on NASDAQ. The shares relate to restricted stock vesting, and the sale includes an amount to cover a tax obligation from a vested equity award distribution. Werner also reported several prior common stock sales over the preceding three months.
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Key Figures
Proposed shares to be sold: 854 shares of common stock
Broker-dealer: Fidelity Brokerage Services LLC
Date of Notice: 08/24/2026
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7 metrics
Proposed shares to be sold
854 shares of common stock
Proposed sale under Rule 144 related to restricted stock vesting
Broker-dealer
Fidelity Brokerage Services LLC
Broker listed for the 854-share proposed sale
Date of Notice
08/24/2026
Filing date for the Rule 144 notice
Sale on 05/26/2026
800 shares for $49,987.20
Common stock sold by Robert F. Werner during the past 3 months
Sale on 06/08/2026
1,359 shares for $94,045.74
Common stock sold by Robert F. Werner during the past 3 months
Sale on 08/03/2026
167 shares for $14,248.64
Common stock sold by Robert F. Werner during the past 3 months
Sale on 08/21/2026
669 shares for $93,035.42
Common stock sold by Robert F. Werner during the past 3 months
Key Terms
Rule 144, restricted stock vesting, equity award distribution, attorney-in-fact
4 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 | 08/21/2026 | 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.
equity award distribution financial
"resulting from the settlement of a vested equity award distribution."
attorney-in-fact regulatory
"as attorney-in-fact for Robert F. Werner"
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 by TWST insider Robert F. Werner disclose?
The filing discloses that Robert F. Werner, an officer of Twist Bioscience Corp (TWST), has filed a Rule 144 notice for a proposed sale of 854 shares of common stock related to restricted stock vesting, with part of the sale intended to cover a related tax obligation.
Why does the TWST Form 144 mention tax obligations?
The remarks state the sale includes an amount necessary to cover a tax obligation that arises from the settlement of a vested equity award distribution, indicating that part of the proposed sale is tied to taxes on equity compensation.
AI-generated analysis. How Rhea-AI works. Not financial advice.