[Form 4] Twist Bioscience Corp Insider Trading Activity
Dennis Cho, Senior Vice President and Chief Legal Officer of Twist Bioscience Corporation (TWST), reported a sale of 124 shares of Common Stock on 10/02/2025.
Rhea-AI Filing Summary
Dennis Cho, Senior Vice President and Chief Legal Officer of Twist Bioscience Corporation (TWST), reported a sale of 124 shares of Common Stock on 10/02/2025. The transaction is described as a sell-to-cover executed to satisfy tax withholding on vested restricted stock units rather than a discretionary sale. The reported sale price was $29.161 per share and the reporting person retained 102,586 shares after the transaction. The form is signed by an attorney-in-fact and discloses the reporter's officer role.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine sell-to-cover tax withholding; compliance disclosure maintained.
The sale of 124 shares at $29.161 on 10/02/2025 is identified specifically as a sell-to-cover tied to the vesting of restricted stock units, which indicates the transaction satisfied tax withholding obligations rather than reflecting a discretionary cashing-out decision.
This action reduces the reporter's holdings to 102,586 shares and preserves transparency by timely filing a Form 4 signed via attorney-in-fact on 10/06/2025. Monitor future filings for any discretionary sales or changes in ownership patterns over the next 3-6 months.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 124 | $29.161 | $4K |
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.
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