Twist Bioscience (NASDAQ: TWST) SVP sells 1,116 shares to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,116 shares ($63,778)
Net Sell
1 txn
Insider
Green Paula
Role
SVP of Human Resources
Sold
1,116 shs ($64K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,116 | $57.1488 | $64K |
Holdings After Transaction:
Common Stock — 122,988 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares sold: 1,116 shares
Sale price per share: $57.1488 per share
Shares held after transaction: 122,988 shares
+1 more
4 metrics
Shares sold
1,116 shares
Open-market sale on 2026-05-04
Sale price per share
$57.1488 per share
Tax withholding sale for RSU vesting
Shares held after transaction
122,988 shares
Direct ownership following sale
Net shares sold
1,116 shares
Net-sell direction in transaction summary
Key Terms
Restricted Stock Units, tax withholding obligations, sell to cover, equity incentive plans
4 terms
Restricted Stock Units financial
"in connection with the vesting of Restricted Stock Units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"shares required to be sold ... to cover tax withholding obligations"
sell to cover financial
"funded by a "sell to cover" transaction and do not represent discretionary trades"
Sell to cover is when a person who receives company stock through options or awards sells just enough shares immediately to pay required taxes, exercise costs, or fees, keeping the rest. Think of it like cashing part of a bonus to cover the tax bill so you can keep the remainder. For investors, it can create predictable small selling pressure and slightly change the number of shares actually held by insiders without increasing long‑term dilution.
equity incentive plans financial
"the Issuer's election under its equity incentive plans to require the satisfaction"
Equity incentive plans are company programs that pay employees, executives, or directors with company stock, stock options, or share units instead of or in addition to cash, aiming to align their interests with shareholders—like giving team members a stake in the house they help build. For investors this matters because such plans can motivate better company performance but also dilute existing ownership and increase reported compensation costs, so they affect future earnings, voting power, and share value.
FAQ
What insider transaction did Twist Bioscience (TWST) report for Paula Green?
Twist Bioscience reported that SVP of Human Resources Paula Green sold 1,116 shares of common stock at $57.1488 per share. The filing states this was to cover tax withholding on vesting RSUs, not a discretionary trade.
Was Paula Green’s Twist Bioscience (TWST) stock sale a discretionary trade?
No, the document states the sale did not represent discretionary trades by Paula Green. The shares were sold automatically under the company’s equity incentive plans solely to satisfy tax withholding obligations on newly vested RSUs.