Twist Bioscience (TWST) officer sells 14,205 shares in planned trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Twist Bioscience Corp officer Dennis Cho reported an open-market sale of 14,205 shares of Common Stock at $69.75 per share. The transaction occurred on May 29, 2026 and was executed under a pre-established Rule 10b5-1 trading plan adopted on May 7, 2025.
After this sale, Cho directly holds 120,094 Twist Bioscience shares, indicating the transaction represents only a portion of his overall ownership. Because the trade was made pursuant to a Rule 10b5-1 plan, its timing reflects a pre-planned arrangement rather than a discretionary decision based on near-term company developments.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 14,205 shares ($990,799)
Net Sell
1 txn
Insider
Cho Dennis
Role
See Remarks
Sold
14,205 shs ($991K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 14,205 | $69.75 | $991K |
Holdings After Transaction:
Common Stock — 120,094 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 14,205 shares
Sale price: $69.75 per share
Shares held after sale: 120,094 shares
+2 more
5 metrics
Shares sold
14,205 shares
Open-market sale of Common Stock on May 29, 2026
Sale price
$69.75 per share
Price for the 14,205 shares sold
Shares held after sale
120,094 shares
Direct ownership following the reported transaction
Trade plan adoption date
May 7, 2025
Date Dennis Cho adopted Rule 10b5-1 trading plan
Transaction type
Open-market sale
Form 4 non-derivative transaction in Common Stock
Key Terms
Rule 10b5-1 trading plan, open-market sale, Common Stock
3 terms
Rule 10b5-1 trading plan regulatory
"The transaction reported on this Form 4 is effected pursuant to a Rule 10b5-1 trading plan previously adopted..."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open-market sale financial
"transaction_action: "open-market sale" for the Common Stock transaction"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"security_title: "Common Stock" in the reported non-derivative transaction"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did Twist Bioscience (TWST) officer Dennis Cho report in this Form 4?
Dennis Cho reported an open-market sale of 14,205 shares of Twist Bioscience Common Stock. The transaction was executed at $69.75 per share and reflects a partial reduction of his holdings, not a complete exit from his position.
What was the sale price in Dennis Cho’s Twist Bioscience (TWST) transaction?
The Form 4 reports that Dennis Cho sold 14,205 shares of Twist Bioscience Common Stock at $69.75 per share. This price reflects the average transaction price for the open-market sale executed on May 29, 2026 under his trading plan.
Does the Form 4 for Twist Bioscience (TWST) show any option exercises?
No. The disclosed activity involves only a non-derivative transaction in Common Stock. The derivative section shows no remaining derivative positions, and the transaction summary reports zero derivative exercises during this reporting event.