Twist Bioscience (TWST) officer sells 14,205 shares in planned trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Twist Bioscience Corp officer Dennis Cho reported an open-market sale of Common Stock. On June 24, 2026, Cho sold 14,205 shares at $89.75 per share. After this transaction, he continues to hold 105,141 shares directly.
The filing notes that this sale was carried out under a previously adopted Rule 10b5-1 trading plan dated February 17, 2026, indicating the trade was pre-planned rather than timed at discretion, which often signals routine portfolio management rather than a change in outlook.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 14,205 shares ($1,274,899)
Net Sell
1 txn
Insider
Cho Dennis
Role
See Remarks
Sold
14,205 shs ($1.27M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 14,205 | $89.75 | $1.27M |
Holdings After Transaction:
Common Stock — 105,141 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 14,205 shares
Sale price per share: $89.75 per share
Shares held after transaction: 105,141 shares
+3 more
6 metrics
Shares sold
14,205 shares
Open-market sale on June 24, 2026
Sale price per share
$89.75 per share
Common Stock transaction
Shares held after transaction
105,141 shares
Direct ownership following sale
Net shares sold
14,205 shares
Net-sell direction in transaction summary
Transaction date
June 24, 2026
Date of open-market sale
Trading plan adoption date
February 17, 2026
Rule 10b5-1 plan adoption
Key Terms
Rule 10b5-1 trading plan, open-market sale, Common Stock, net-sell direction
4 terms
Rule 10b5-1 trading plan regulatory
"The transaction is effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person."
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
"The transaction action is classified as an open-market sale of Common Stock."
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
"The reported transaction involves Common Stock of Twist Bioscience Corp."
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.
net-sell direction financial
"The transaction summary shows a net-sell direction of 14,205 shares."
FAQ
What insider transaction did Twist Bioscience (TWST) report for Dennis Cho?
Twist Bioscience officer Dennis Cho reported selling 14,205 shares of Common Stock. The sale occurred on June 24, 2026, as an open-market transaction under a pre-established Rule 10b5-1 trading plan adopted on February 17, 2026.
What does a Rule 10b5-1 trading plan mean for Twist Bioscience (TWST) insider trades?
A Rule 10b5-1 trading plan allows insiders to pre-arrange stock trades while not in possession of material nonpublic information. For Twist Bioscience, Cho’s sale under such a plan indicates a structured, pre-planned transaction rather than opportunistic market timing.