Twist Bioscience (TWST) legal chief sells stock under 10b5-1 plan
Rhea-AI Filing Summary
Twist Bioscience Corp (TWST) reported that Dennis Cho, Senior Vice President, Chief Legal Officer & Corporate Secretary, sold 14,205 shares of common stock on August 19, 2026, at $129.75 per share in an open-market or private transaction. Following the sale, he directly holds 75,661 shares. The transaction was effected under a previously adopted Rule 10b5-1 trading plan dated February 17, 2026.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 14,205 shares
Net Sell
1 txn
Insider
Cho Dennis
Role
See Remarks
Sold
14,205 shs ($1.84M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 14,205 | $129.75 | $1.84M |
Holdings After Transaction:
Common Stock — 75,661 shares (Direct)
Footnotes (1)
- F1. The transaction reported on this Form 4 is effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person on February 17, 2026.
Key Figures
Shares sold: 14,205 shares of Common Stock
Sale price per share: $129.75 per share
Shares owned after transaction: 75,661 shares of Common Stock
+2 more
5 metrics
Shares sold
14,205 shares of Common Stock
Sale on August 19, 2026 reported on Form 4
Sale price per share
$129.75 per share
Transaction price for the 14,205 shares sold
Shares owned after transaction
75,661 shares of Common Stock
Direct ownership following the August 19, 2026 sale
Rule 10b5-1 plan adoption date
February 17, 2026
Date Dennis Cho adopted the trading plan used for this sale
Net shares sold (summary)
14,205 shares
Net-sell direction from transaction summary
Key Terms
Rule 10b5-1 trading plan, Sale in open market or private transaction, Form 4
3 terms
Rule 10b5-1 trading plan regulatory
"The transaction ... is 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.
Sale in open market or private transaction market
"transaction_code_description: Sale in open market or private transaction"
Form 4 regulatory
"The transaction reported on this Form 4 is effected pursuant to a Rule 10b5-1"
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 TWST report for Dennis Cho?
Dennis Cho sold 14,205 shares of Twist Bioscience Corp common stock on August 19, 2026. The sale was reported as a Form 4 transaction and coded as a sale in an open market or private transaction.
Was the TWST insider sale by Dennis Cho under a Rule 10b5-1 plan?
Yes. The filing states the sale was effected pursuant to a Rule 10b5-1 trading plan previously adopted by Dennis Cho on February 17, 2026, and the Rule 10b5-1 checkbox is marked as affirmed.
What is Dennis Cho’s role at Twist Bioscience Corp (TWST)?
Dennis Cho is identified as Senior Vice President, Chief Legal Officer & Corporate Secretary of Twist Bioscience Corp. This role is referenced in the remarks section of the insider ownership report.
AI-generated analysis. How Rhea-AI works. Not financial advice.