Twist Bioscience (TWST) insider sold 9,724 shares at $32.187
Rhea-AI Filing Summary
Paula Green, Senior Vice President of Human Resources at Twist Bioscience Corp (TWST), reported a non‑discretionary sale of 9,724 common shares on 10/06/2025 at an effective price of $32.187 per share to satisfy tax withholding tied to vested Performance Stock Units (PSUs).
After the sell‑to‑cover, the reporting person beneficially owns 114,678 shares. The filing was submitted under Form 4 and signed by an attorney‑in‑fact on 10/08/2025. The sale was mandated by the issuer's equity plan election and is described as not a discretionary trade.
Positive
- Sale was non‑discretionary and intended solely to satisfy tax withholding for vested PSUs
- Reporting continues with clear disclosure of shares sold, price, and remaining beneficial ownership
Negative
- Direct holdings decreased by 9,724 shares following the sell‑to‑cover transaction
Insights
Sell‑to‑cover tax withholding reduced holdings; transaction was non‑discretionary.
The reported 9,724‑share sale on 10/06/2025 is described as a required "sell to cover" to satisfy tax withholding for vested PSUs rather than a voluntary disposition. Such transactions are common when equity awards vest and the plan elects to satisfy withholding by selling shares.
This action does not indicate active trading intent by the reporting person but does lower direct share ownership to 114,678 shares. Monitor future Forms 4 for discretionary sales or additional equity exercises within the next reporting period.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 9,724 | $32.187 | $313K |
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 Performance Stock Units ("PSUs"). 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.
FAQ
What did Paula Green (TWST) report on Form 4?
Was this a discretionary trade by the insider?
When was the Form 4 signed and filed?
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