Twist Bioscience director exercises options and sells shares
Twist Bioscience Corp director Robert Chess exercised options for 18,417 shares of common stock on August 7, 2026 at an exercise price of $11.89 per share and sold the same 18,417 shares at $110.89 per share.
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Rhea-AI Filing Summary
Twist Bioscience Corp director Robert Chess exercised options for 18,417 shares of common stock on August 7, 2026 at an exercise price of $11.89 per share and sold the same 18,417 shares at $110.89 per share. The transactions were effected pursuant to a Rule 10b5-1 trading plan adopted on May 8, 2026. Following these transactions, an entity associated with Chess, the Chess 1997 Trust, held 42,528 shares of common stock indirectly, with Chess and his spouse serving as sole trustees and beneficiaries.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) F1, F3 | 18,417 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 18,417 | $11.89 | $219K |
| Sale | Common Stock F1 | 18,417 | $110.89 | $2.04M |
| holding | Common Stock F2 | -- | -- | -- |
Footnotes (3)
- F1. The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person on May 8, 2026.
- F2. The Reporting Person and his spouse are the sole trustees and the sole beneficiaries of the Chess 1997 Trust.
- F3. The option is immediately exercisable. 10% of the shares subject to the option vested on September 13, 2018, 15% of the shares subject to the option vested on March 24, 2019, 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.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
derivative security financial
indirect ownership financial
vesting financial
FAQ
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What did Twist Bioscience (TWST) director Robert Chess report in this Form 4?
What options did Robert Chess exercise in Twist Bioscience (TWST)?
Were Robert Chess’s Twist Bioscience (TWST) transactions under a 10b5-1 plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.