Twist Bioscience CEO Leproust sells 4,573 shares
The sale covered tax withholding tied to restricted stock unit vesting and was not a discretionary trade.
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Rhea-AI Filing Summary
Twist Bioscience Corp (TWST) Chief Executive Officer Emily M. Leproust reported a sale of 4,573 common shares on November 3, 2026, at $135.4020 per share, with 558,187 shares directly held following the transaction. The shares were sold to cover tax withholding tied to restricted stock unit vesting under the issuer’s equity incentive plans; the sale was not discretionary. No Rule 10b5-1 plan is reported.
The reported option positions covered 131,290 underlying common shares at a $23.3300 exercise price, expiring October 23, 2029, and 64,950 underlying common shares at a $67.8500 exercise price, expiring August 31, 2030.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 4,573 | $135.402 | $619K |
| Holding | Employee Stock Option (right to buy) F2 | -- | -- | -- |
| Holding | Employee Stock Option (right to buy) F3 | -- | -- | -- |
Footnotes (3)
- 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. 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.
- F3. 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.
Key Figures
Key Terms
sell to cover financial
Restricted Stock Units technical
tax withholding obligations financial
performance stock options technical
FAQ
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What is the vesting schedule for Emily M. Leproust’s TWST options?
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