Twist Bioscience CFO sells 2,462 shares for taxes
The sale was required by the issuer’s equity-plan sell-to-cover process for tax withholding and was not a discretionary trade.
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Rhea-AI Filing Summary
Twist Bioscience Corp (TWST) Chief Financial Officer Adam Laponis sold 2,462 shares of common stock on October 9, 2026, at $156.3049 per share; his directly held position following the sale was 98,114 shares. The shares were sold as required by the issuer’s equity incentive plans to fund tax withholding obligations connected with vesting of Restricted Stock Units. The transaction was not discretionary, and no Rule 10b5-1 plan is reported.
Insights
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 2,462 | $156.3049 | $385K |
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 Restricted Stock Units. 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.
Key Figures
Key Terms
Restricted Stock Units financial
tax withholding obligations financial
sell to cover financial
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AI-generated analysis. How Rhea-AI works. Not financial advice.