Twist Bioscience (NASDAQ: TWST) COO stock sale in 10b5-1 plan filing
Rhea-AI Filing Summary
Twist Bioscience Corp President and COO Patrick John Finn reported an option exercise and share sale in the company’s stock. On January 13, 2026, he exercised a stock option for 3,279 shares of common stock at an exercise price of $8.82 per share and acquired those shares directly.
On the same date, he sold 23,279 shares of Twist Bioscience common stock at a price of $40 per share in an open-market transaction. After these transactions, Finn directly owned 312,883 shares of common stock. The filing notes that these transactions were carried out under a previously adopted Rule 10b5-1 trading plan put in place on May 13, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) | 3,279 | $0.00 | -- |
| Exercise | Common Stock | 3,279 | $8.82 | $29K |
| Sale | Common Stock | 23,279 | $40.00 | $931K |
Footnotes (1)
- The transactions reported on this Form 4 were affected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person on May 13, 2025. The option is immediately exercisable. 10% of the shares subject to the option vested on September 28, 2017, 15% of the shares subject to the option vested on September 28, 2018, and 1/48th of the shares subject to the option vested on each monthly anniversary thereafter, subject to the Reporting Person's continuous service through each vesting date.
FAQ
Who is the insider in this Twist Bioscience (TWST) Form 4 filing?
The insider is Patrick John Finn, who serves as President and Chief Operating Officer of Twist Bioscience Corp.
What stock option transaction did Patrick John Finn report for Twist Bioscience (TWST)?
On January 13, 2026, Finn exercised a stock option (right to buy) for 3,279 shares of Twist Bioscience common stock at an exercise price of $8.82 per share.
Were the Twist Bioscience (TWST) insider transactions made under a Rule 10b5-1 trading plan?
Yes. The filing states that the transactions were effected under a Rule 10b5-1 trading plan that Patrick John Finn previously adopted on May 13, 2025.
What are the key vesting terms of the Twist Bioscience (TWST) stock option exercised by Patrick John Finn?
The option is immediately exercisable. 10% of the shares vested on September 28, 2017, 15% vested on September 28, 2018, and 1/48th of the shares vested on each monthly anniversary thereafter, subject to Finn’s continuous service.