CFO at Twist Bioscience (NASDAQ: TWST) sells 4,000 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Twist Bioscience Corp Chief Financial Officer Adam Laponis sold 4,000 shares of Common Stock in an open-market transaction. The sale occurred at a price of $60.00 per share on April 17, 2026. After this transaction, he directly holds 118,694 shares of Twist Bioscience common stock.
The sale was carried out under a pre-arranged Rule 10b5-1 trading plan that Laponis previously adopted on May 8, 2025, indicating the transaction was scheduled in advance rather than timed discretionarily.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 4,000 shares ($240,000)
Net Sell
1 txn
Insider
Laponis Adam
Role
Chief Financial Officer
Sold
4,000 shs ($240K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,000 | $60.00 | $240K |
Holdings After Transaction:
Common Stock — 118,694 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 4,000 shares
Sale price: $60.00 per share
Shares held after sale: 118,694 shares
+2 more
5 metrics
Shares sold
4,000 shares
Open-market sale of Common Stock on April 17, 2026
Sale price
$60.00 per share
Price received for the 4,000 shares sold
Shares held after sale
118,694 shares
Direct Common Stock holdings following the transaction
Net buy/sell shares
-4,000 shares
Net effect of reported transactions in this Form 4
Transactions classified as sales
1 transaction
Single non-derivative open-market sale reported
Key Terms
Rule 10b5-1 trading plan, open-market sale, Form 4, Common Stock, +1 more
5 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 4,000 shares of Common Stock"
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.
Common Stock financial
"security_title: "Common Stock" with 4,000.0000 shares sold at $60.0000"
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.
Chief Financial Officer financial
"Reporting person Adam Laponis serves as Chief Financial Officer of Twist Bioscience Corp"
A Chief Financial Officer (CFO) is the person in charge of a company's money and financial planning. They decide how to spend, save, and invest funds to help the company grow and stay stable. Their role is important because good financial decisions keep the company healthy and successful.
FAQ
What insider transaction did Twist Bioscience (TWST) report in this Form 4?
Twist Bioscience reported that CFO Adam Laponis sold 4,000 shares of Common Stock. The open-market sale took place on April 17, 2026 at $60.00 per share, reducing but not eliminating his direct shareholdings in the company.
Was the Twist Bioscience (TWST) CFO sale made under a Rule 10b5-1 trading plan?
Yes. The filing states the transaction was effected under a Rule 10b5-1 trading plan. This plan was previously adopted by the reporting person on May 8, 2025, indicating the sale was pre-scheduled rather than initiated on a purely discretionary basis.
Does this Twist Bioscience (TWST) Form 4 include any option exercises or derivative transactions?
No. The filing reports only one non-derivative transaction: an open-market sale of Common Stock. The derivative summary section is empty, indicating no option exercises, conversions, or other derivative-related transactions were reported in this particular Form 4.
Is the Twist Bioscience (TWST) CFO’s reported ownership direct or through an entity?
The Form 4 identifies the CFO’s ownership as direct. The transaction is coded with direct ownership, and there is no footnote indicating that the shares are held through a separate trust, partnership, or other indirect holding entity for this specific transaction.