Director at Twist Bioscience (TWST) sells 1,000 shares in Rule 10b5-1 plan trade
Rhea-AI Filing Summary
Twist Bioscience director Melissa A. Starovasnik executed an open-market sale of 1,000 shares of Common Stock at $51.00 per share on April 1, 2026. After the transaction, she directly holds 25,722 shares of Twist Bioscience common stock.
The filing notes that this sale was carried out under a pre-arranged Rule 10b5-1 trading plan adopted on November 22, 2025, indicating the transaction was planned in advance rather than timed discretionarily.
Positive
- None.
Negative
- None.
Insights
Small, pre-planned director sale with substantial holdings remaining.
Director Melissa A. Starovasnik sold 1,000 shares of Twist Bioscience common stock at $51.00 per share in an open-market transaction on April 1, 2026. This is the only transaction reported and involves non-derivative common stock.
Following the sale, she directly owns 25,722 shares, so the transaction represents a relatively small portion of her disclosed position. The footnote specifies the sale occurred under a pre-established Rule 10b5-1 trading plan adopted on November 22, 2025, suggesting routine portfolio management rather than opportunistic market timing.
There are no derivative positions listed in this filing, and no exercises, gifts, or tax-withholding events reported. Overall, this appears to be a modest, pre-planned liquidity event with limited implications for the broader investment case based solely on this disclosure.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,000 | $51.00 | $51K |
Footnotes (1)
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Key Figures
Key Terms
Rule 10b5-1 trading plan financial
open-market sale financial
Form 4 regulatory
FAQ
What insider transaction did Twist Bioscience (TWST) report for Melissa A. Starovasnik?
Was the Twist Bioscience (TWST) insider sale made under a Rule 10b5-1 trading plan?
What type of transaction did Twist Bioscience (TWST) disclose in this Form 4?
Does this Twist Bioscience (TWST) Form 4 include any option exercises or derivative transactions?