Twist Bioscience (TWST) COO sells 78K shares under 10b5-1 plan
Rhea-AI Filing Summary
Twist Bioscience Corp (TWST) reported that President and COO Patrick John Finn exercised a stock option for 23,355 shares of common stock at an exercise price of $67.85 per share, eliminating this option position. On the same date, he sold a total of 78,355 shares of common stock in a series of transactions at weighted-average prices ranging from approximately $115.35 to $122.815 per share. These transactions were effected pursuant to a previously adopted Rule 10b5-1 trading plan dated May 18, 2026.
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Insights
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Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
9 txns
Insider
Finn Patrick John
Role
President and COO
Sold
78,355 shs ($9.22M)
Approx. gross sale proceeds
$9.22M
Approx. exercise cost
$1.58M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) F1, F9 | 23,355 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 23,355 | $67.85 | $1.58M |
| Sale | Common Stock F1, F2 | 33,354 | $115.899 | $3.87M |
| Sale | Common Stock F1, F3 | 10,420 | $116.8202 | $1.22M |
| Sale | Common Stock F1, F4 | 8,868 | $117.697 | $1.04M |
| Sale | Common Stock F1, F5 | 4,500 | $119.04 | $536K |
| Sale | Common Stock F1, F6 | 12,917 | $119.858 | $1.55M |
| Sale | Common Stock F1, F7 | 6,296 | $121.007 | $762K |
| Sale | Common Stock F1, F8 | 2,000 | $122.581 | $245K |
Holdings After Transaction:
Stock Option (right to buy) — 0 shares (Direct);
Common Stock — 214,678 shares (Direct)
Footnotes (9)
- F1. The transactions reported on this Form 4 were affected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person on May 18, 2026.
- F2. Represents the weighted average sales price per share. The shares sold at prices ranging from $115.35 to $116.33 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
- F3. Represents the weighted average sales price per share. The shares sold at prices ranging from $116.37 to $117.36 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
- F4. Represents the weighted average sales price per share. The shares sold at prices ranging from $117.37to $118.19 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
- F5. Represents the weighted average sales price per share. The shares sold at prices ranging from $118.505 to $119.45 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
- F6. Represents the weighted average sales price per share. The shares sold at prices ranging from $119.515 to $120.2 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
- F7. Represents the weighted average sales price per share. The shares sold at prices ranging from $120.585 to $121.53 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
- F8. Represents the weighted average sales price per share. The shares sold at prices ranging from $122.00 to $122.815 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
- F9. The option was 100% exercisable on December 19, 2022.
Key Figures
Shares sold: 78,355 shares
Shares exercised: 23,355 shares
Option exercise price: $67.85 per share
+4 more
7 metrics
Shares sold
78,355 shares
Total common shares sold by Patrick John Finn on August 18, 2026
Shares exercised
23,355 shares
Common shares acquired upon exercise of a stock option on August 18, 2026
Option exercise price
$67.85 per share
Exercise price for the stock option covering 23,355 shares of common stock
Lowest reported sale range
$115.35–$116.33 per share
Price range for one tranche of weighted-average sales on August 18, 2026
Highest reported sale range
$122.00–$122.815 per share
Price range for another tranche of weighted-average sales on August 18, 2026
Option expiration date
August 31, 2030
Expiration date of the exercised stock option, which became fully exercisable on December 19, 2022
10b5-1 plan adoption date
May 18, 2026
Date on which the Rule 10b5-1 trading plan governing the reported transactions was adopted
Key Terms
Rule 10b5-1 trading plan, Stock Option (right to buy), weighted average sales price per share
3 terms
Rule 10b5-1 trading plan regulatory
"transactions were affected 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.
Stock Option (right to buy) financial
"security_title: Stock Option (right to buy) with underlying Common Stock"
FAQ
What insider transactions did TWST President and COO Patrick John Finn report?
Patrick John Finn reported exercising a stock option for 23,355 shares of Twist Bioscience Corp common stock at $67.85 per share and selling 78,355 shares of common stock in multiple transactions on August 18, 2026 under a Rule 10b5-1 trading plan.
What was the exercise price of the TWST stock option exercised by Patrick John Finn?
The stock option exercised by Patrick John Finn covered 23,355 shares of Twist Bioscience Corp common stock at an exercise price of $67.85 per share. Following this exercise, the reported remaining balance for that option position was 0 shares.
Were Patrick John Finn’s TWST transactions made under a Rule 10b5-1 trading plan?
Yes. The filing’s Rule 10b5-1 affirmation is checked, and a footnote states the transactions were effected pursuant to a Rule 10b5-1 trading plan previously adopted by Patrick John Finn on May 18, 2026.
When did the exercised TWST stock option become fully exercisable and when would it have expired?
A footnote states the option was 100% exercisable on December 19, 2022, and the option carried an expiration date of August 31, 2030. After the reported exercise of 23,355 shares, the remaining balance for that option was reported as 0 shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.