Twist Bioscience (NASDAQ: TWST) CAO sells shares for tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Twist Bioscience Corp's Chief Accounting Officer, Robert F. Werner, reported an open-market sale of 1,693 shares of common stock. The transaction occurred on February 23, 2026 at an average price of $46.7098 per share.
According to the footnote, these shares were sold to cover tax withholding obligations tied to the vesting of restricted stock units under the company’s equity incentive plans, and the sale was not a discretionary trade by the officer. After this sale, Werner directly holds 55,045 shares of Twist Bioscience common stock.
Positive
- None.
Negative
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Insider Trade Summary
Net Seller: 1,693 shares ($79,080)
Net Sell
1 txn
Insider
WERNER ROBERT F.
Role
Chief Accounting Officer
Sold
1,693 shs ($79K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,693 | $46.7098 | $79K |
Holdings After Transaction:
Common Stock — 55,045 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Twist Bioscience (TWST) report for Robert F. Werner?
Twist Bioscience reported that Chief Accounting Officer Robert F. Werner sold 1,693 shares of common stock. The sale was executed on February 23, 2026 and was tied to tax withholding obligations from vesting restricted stock units under the company’s equity incentive plans.
Was the Twist Bioscience (TWST) insider sale by the CAO a discretionary trade?
No, the sale was not discretionary. The footnote explains that the 1,693 shares were sold to cover tax withholding obligations required by Twist Bioscience’s equity incentive plans, under a mandated “sell to cover” arrangement rather than a voluntary trading decision by the officer.
What is the role of Robert F. Werner at Twist Bioscience (TWST) in this Form 4 filing?
In this Form 4, Robert F. Werner is identified as Twist Bioscience’s Chief Accounting Officer. His officer status is disclosed alongside the reported sale of 1,693 common shares, which was executed to satisfy tax withholding obligations related to vesting restricted stock units.
What type of security was involved in the Twist Bioscience (TWST) insider transaction?
The transaction involved Twist Bioscience common stock. Robert F. Werner sold 1,693 common shares in an open-market sale at an average price of $46.7098 per share, solely to cover tax withholding obligations stemming from the vesting of restricted stock units.