Twist Bioscience CEO sells 1,687 shares for taxes
The shares were sold to fund tax withholding on Restricted Stock Unit vesting, rather than through a discretionary trade.
Rhea-AI Filing Summary
Twist Bioscience Corp CEO and director Emily M. Leproust sold 1,687 common shares on September 21, 2026, at $165.4910 per share. The sale was a mandatory “sell to cover” transaction for tax withholding in connection with Restricted Stock Unit vesting, not a discretionary trade; no Rule 10b5-1 plan is reported. She directly held 618,902 common shares after the sale. The filing also lists options covering 131,290 shares at an exercise price of $23.3300 and 64,950 shares at $67.8500.
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Negative
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Insights
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 1,687 | $165.491 | $279K |
| holding | Employee Stock Option (right to buy) F2 | -- | -- | -- |
| holding | Employee Stock Option (right to buy) F3 | -- | -- | -- |
| holding | Employee Stock Option (right to buy) F4 | -- | -- | -- |
| holding | Employee Stock Option (right to buy) F5 | -- | -- | -- |
| holding | Employee Stock Option (right to buy) F6 | -- | -- | -- |
Footnotes (6)
- 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. The option is immediately exercisable. 25% of the shares subject to the option vested on September 1, 2016 and 1/48th of the shares subject to the option vest on each monthly anniversary thereafter, subject to the Reporting Person's continuous service through each vesting date.
- F3. 25% of the shares subject to the option vested on October 24, 2020, and 1/48th of the shares subject to the option vest on each monthly anniversary thereafter, subject to the Reporting Person's continuous service through each vesting date.
- F4. Represents performance stock options granted to the reporting person on September 1, 2020, that vested and became exercisable on December 19, 2022 as a result of the reporting person having met the applicable performance criteria.
- F5. The option is immediately exercisable. 10% of the shares subject to the option vested on September 28, 2017, 15% of the shares subject to the option vested on September 28, 2018, and 1/48th of the shares subject to the option vest on each monthly anniversary thereafter, subject to the Reporting Person's continuous service through each vesting date.
- F6. The option is immediately exercisable. 20% of the shares subject to the option vested and became exercisable on October 31, 2019 and 1/60th of the shares subject to the option vested and became exercisable on each monthly anniversary thereafter, subject to the Reporting Person's continuous service through each vesting date.
Key Figures
Key Terms
sell to cover financial
Restricted Stock Units financial
performance stock options financial
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What stock options did TWST CEO Emily M. Leproust report?
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