Twist Bioscience (TWST) director sells 2,240 shares to cover RSU tax
Rhea-AI Filing Summary
Twist Bioscience Corp director Katryn Blake reported a sale of 2,240 shares of common stock on August 12, 2026 at $122.88 per share. According to the company’s disclosure, the shares were sold to cover tax liabilities arising from the vesting of Restricted Stock Units pursuant to a prior election and did not represent a discretionary trade. Following this transaction, Blake directly holds 17,208 shares of Twist Bioscience common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,240 shares
Net Sell
1 txn
Insider
BLAKE KATRYN
Role
Director
Sold
2,240 shs ($275K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 2,240 | $122.88 | $275K |
Holdings After Transaction:
Common Stock — 17,208 shares (Direct)
Footnotes (1)
- F1. Represents the number of shares sold by the Reporting Person to cover tax liability in connection with the vesting of Restricted Stock Units. This "sell to cover" transaction was made pursuant to a prior election by the Reporting Person and does not represent a discretionary trade by the Reporting Person.
Key Figures
Shares sold: 2,240 shares
Sale price: $122.88 per share
Shares held after transaction: 17,208 shares
+1 more
4 metrics
Shares sold
2,240 shares
Common stock sold on August 12, 2026 to cover tax liability
Sale price
$122.88 per share
Price for the 2,240 Twist Bioscience common shares sold
Shares held after transaction
17,208 shares
Direct ownership by Katryn Blake after the tax-related sale
Net shares sold
2,240 shares
Net sell direction reported in transaction summary
Key Terms
Restricted Stock Units, sell to cover, discretionary trade
3 terms
Restricted Stock Units financial
"tax liability 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.
sell to cover financial
"This "sell to cover" transaction was made pursuant to a prior election"
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.
discretionary trade financial
"does not represent a discretionary trade by the Reporting Person"
FAQ
What insider transaction did Twist Bioscience (TWST) disclose for Katryn Blake?
Twist Bioscience disclosed that director Katryn Blake sold 2,240 shares of common stock on August 12, 2026 at $122.88 per share in a tax-related transaction tied to RSU vesting.
Was the TWST insider sale by Katryn Blake a discretionary trade?
No. The company states the 2,240-share sale was a “sell to cover” for tax liabilities from Restricted Stock Unit vesting, executed under a prior election and not as a discretionary trade.
Does the Katryn Blake Form 4 for Twist Bioscience (TWST) involve options or other derivatives?
No derivative transactions are listed. The filing reports only a non-derivative sale of 2,240 shares of common stock, related to tax withholding for vested Restricted Stock Units.
AI-generated analysis. How Rhea-AI works. Not financial advice.