Director at Twist Bioscience (NASDAQ: TWST) sells shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Twist Bioscience Corp director Melissa A. Starovasnik sold 2,500 shares of Common Stock in an open-market transaction at $68.00 per share. The trade took place on May 28, 2026 and was reported as a direct ownership transaction.
Following this sale, she directly holds 22,222 shares of Twist Bioscience Corp. The filing notes that the transaction was executed under a pre-arranged Rule 10b5-1 trading plan adopted on November 22, 2025, indicating the sale was scheduled in advance.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 2,500 shares ($170,000)
Net Sell
1 txn
Insider
Starovasnik Melissa A.
Role
null
Sold
2,500 shs ($170K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,500 | $68.00 | $170K |
Holdings After Transaction:
Common Stock — 22,222 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 2,500 shares
Sale price: $68.00 per share
Shares held after transaction: 22,222 shares
+1 more
4 metrics
Shares sold
2,500 shares
Open-market sale on May 28, 2026
Sale price
$68.00 per share
Price for reported 2,500-share sale
Shares held after transaction
22,222 shares
Direct ownership following sale
Net shares sold
2,500 shares
Net change in reported period
Key Terms
Rule 10b5-1 trading plan, open-market sale, Common Stock, Form 4
4 terms
Rule 10b5-1 trading plan regulatory
"The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Twist Bioscience (TWST) disclose in this Form 4?
Twist Bioscience reported that director Melissa A. Starovasnik sold 2,500 shares of Common Stock. The sale occurred on May 28, 2026 at $68.00 per share in an open-market transaction, reducing but not eliminating her direct stake.
Was the Twist Bioscience (TWST) insider sale made under a Rule 10b5-1 plan?
Yes. The Form 4 states the transaction was executed under a Rule 10b5-1 trading plan adopted on November 22, 2025. Such pre-arranged plans schedule trades in advance, helping separate routine portfolio activity from discretionary timing decisions by insiders.
What type of transaction is reported for Twist Bioscience (TWST) in this Form 4?
The filing reports an open-market sale of Common Stock, coded as “S.” This code indicates a sale in the open market or a private transaction, distinguishing it from option exercises, tax withholding, gifts, or other non-market-related share transfers.