Twist Bioscience CFO sells 1,965 shares at $139.07
Twist Bioscience Corp (TWST) reported that its Chief Financial Officer, Adam Laponis, sold 1,965 shares of common stock on 2026-08-21 at $139.066 per share.
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Rhea-AI Filing Summary
Twist Bioscience Corp (TWST) reported that its Chief Financial Officer, Adam Laponis, sold 1,965 shares of common stock on 2026-08-21 at $139.066 per share. The company states these shares were sold to cover tax withholding obligations upon vesting of Restricted Stock Units, under a mandated "sell to cover" arrangement rather than a discretionary trade. After this tax-related sale, Laponis directly holds 108,633 shares of Twist Bioscience common stock, which include shares acquired through the company’s Employee Stock Purchase Plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 1,965 | $139.066 | $273K |
Footnotes (2)
- F1. Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of Restricted Stock Units. These sales are mandated by the Issuer's election under its equity incentive plans to require the satisfaction of a tax withholding obligation to be funded by a "sell to cover" transaction and do not represent discretionary trades by the Reporting Person.
- F2. Includes shares that were acquired under the Issuer's Employee Stock Purchase Plan in a transaction that was exempt under both Rule 16b-3(d) and Rule 16b-3(c).
Key Figures
Key Terms
Restricted Stock Units financial
sell to cover financial
Employee Stock Purchase Plan financial
Rule 16b-3(d) regulatory
Rule 16b-3(c) regulatory
FAQ
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What did TWST CFO Adam Laponis report on this Form 4?
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