Twist Bioscience SVP sells 1,116 shares for tax cover
Twist Bioscience Corp SVP Paula Green reported an open-market sale of 1,116 shares of common stock at $57.1488 per share.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Twist Bioscience Corp SVP Paula Green reported an open-market sale of 1,116 shares of common stock at $57.1488 per share. According to the disclosure, this sale was required to cover tax withholding obligations tied to the vesting of Restricted Stock Units under the company’s equity incentive plans and was not a discretionary trade. After the transaction, she directly holds 122,988 shares of Twist Bioscience common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,116 | $57.1488 | $64K |
Footnotes (1)
- 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.
Key Figures
Key Terms
Restricted Stock Units financial
tax withholding obligations financial
sell to cover financial
equity incentive plans financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Twist Bioscience (TWST) report for Paula Green?
Was Paula Green’s Twist Bioscience (TWST) stock sale a discretionary trade?
AI-generated analysis. How Rhea-AI works. Not financial advice.