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Twist Bioscience (NASDAQ: TWST) officer sets 854-share sale tied to equity taxes

(Neutral)
(Neutral)
Form Type
144

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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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
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.

How many TWST shares are proposed to be sold under this Form 144?

The notice covers a proposed sale of 854 shares of Twist Bioscience common stock. These shares are tied to restricted stock vesting and are expected to be sold on NASDAQ after the notice date of August 24, 2026.

What TWST share sales has Robert F. Werner reported in the past three months?

Werner reported common stock sales of 800 shares on May 26, 2026 for $49,987.20, 1,359 shares on June 8, 2026 for $94,045.74, 167 shares on August 3, 2026 for $14,248.64, and 669 shares on August 21, 2026 for $93,035.42.

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.

Who is executing the proposed TWST share sale for Robert F. Werner?

The proposed sale of 854 TWST common shares is listed through Fidelity Brokerage Services LLC. The notice is signed by Jennifer Ruchti as a duly authorized representative of Fidelity, acting as attorney-in-fact for Robert F. Werner.

On which market are the TWST shares in this Form 144 expected to trade?

The securities in the notice are described as common stock of Twist Bioscience Corp listed on NASDAQ. The proposed 854-share sale would therefore occur on the NASDAQ market.

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