Twist Bioscience (TWST) CFO Laponis sells 4,000 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Twist Bioscience Corp Chief Financial Officer Adam Laponis reported an open-market sale of common stock. On May 29, 2026, he sold 4,000 shares at a price of $70.00 per share. After the transaction, he directly holds 112,675 common shares. The sale was executed under a previously adopted Rule 10b5-1 trading plan dated May 8, 2025, indicating the trades were pre-scheduled rather than timed at his discretion.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 4,000 shares ($280,000)
Net Sell
1 txn
Insider
Laponis Adam
Role
Chief Financial Officer
Sold
4,000 shs ($280K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,000 | $70.00 | $280K |
Holdings After Transaction:
Common Stock — 112,675 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 4,000 shares
Sale price: $70.00 per share
Post-transaction holdings: 112,675 shares
+1 more
4 metrics
Shares sold
4,000 shares
Open-market sale of common stock on May 29, 2026
Sale price
$70.00 per share
Price for the 4,000 common shares sold
Post-transaction holdings
112,675 shares
Common stock directly owned after the sale
Net shares sold
4,000 shares
Net change in position per transaction summary
Key Terms
Rule 10b5-1 trading plan, open-market sale, Form 4, non-derivative
4 terms
Rule 10b5-1 trading plan regulatory
"The transaction reported on this Form 4 is effected pursuant to a Rule 10b5-1 trading plan"
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""
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.
Form 4 regulatory
"The transaction reported on this Form 4 is effected pursuant to a Rule 10b5-1 trading plan"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
non-derivative financial
"transaction_type: "non-derivative""
FAQ
What insider transaction did Twist Bioscience (TWST) report on this Form 4?
Twist Bioscience reported that CFO Adam Laponis sold 4,000 shares of common stock in an open-market transaction at $70.00 per share, as disclosed in the Form 4 insider trading report.
Was the Twist Bioscience (TWST) CFO sale under a Rule 10b5-1 trading plan?
Yes. The Form 4 notes the transaction was executed under a Rule 10b5-1 trading plan that Adam Laponis adopted on May 8, 2025, indicating the sale was pre-scheduled rather than timed opportunistically.
What type of transaction is reported for Twist Bioscience (TWST) on this Form 4?
The Form 4 reports a non-derivative open-market sale of common stock by CFO Adam Laponis. The transaction code is “S,” which denotes a sale in an open-market or private transaction.