Twist Bioscience SVP sells shares for tax cover
Twist Bioscience Corp SVP of Human Resources Paula Green reported a small mandated share sale tied to tax withholding.
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Rhea-AI Filing Summary
Twist Bioscience Corp SVP of Human Resources Paula Green reported a small mandated share sale tied to tax withholding. She sold 884 shares of common stock at an average price of $69.8442 per share to cover taxes due on vesting Restricted Stock Units, under a required “sell to cover” election in the company’s equity incentive plans. After this non-discretionary transaction, she directly holds 120,705 shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 884 | $69.8442 | $62K |
Footnotes (1)
- 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.
Key Figures
Key Terms
Restricted Stock Units financial
tax withholding obligations financial
sell to cover financial
equity incentive plans financial
FAQ
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What insider transaction did Twist Bioscience (TWST) report for Paula Green?
What is a “sell to cover” transaction in the Twist Bioscience (TWST) filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.