Twist Bioscience director tax sale of 2,184 shares
Twist Bioscience director Robert Chess reported a small tax-related share sale.
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Rhea-AI Filing Summary
Twist Bioscience director Robert Chess reported a small tax-related share sale. On February 13, 2026, 2,184 shares of Twist Bioscience common stock were sold at $48.261 per share to cover tax liabilities arising from the vesting of restricted stock units, pursuant to a prior election rather than a discretionary trade. Following this transaction, Chess directly held 21,084 common shares. He also indirectly held 42,528 common shares through the Chess 1997 Trust, where he and his spouse serve as the sole trustees and beneficiaries.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,184 | $48.261 | $105K |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Represents the number of shares sold by the Reporting Person to cover tax liability in connection with the vesting of Restricted Stock Units. This "sell to cover" transaction was made pursuant to a prior election by the Reporting Person and does not represent a discretionary trade by the Reporting Person.
- F2. The Reporting Person and his spouse are the sole trustees and the sole beneficiaries of the Chess 1997 Trust.
FAQ
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What insider transaction did Twist Bioscience (TWST) director Robert Chess report?
What is the Chess 1997 Trust mentioned in the Twist Bioscience (TWST) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.