Twist Bioscience CAO sells 238 shares for taxes
Twist Bioscience’s chief accounting officer executed a small, mandatory share sale to cover taxes tied to vesting RSUs.
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Rhea-AI Filing Summary
Twist Bioscience Corp (TWST) reported that Chief Accounting Officer Robert F. Werner sold 238 shares of common stock on September 8, 2026, at $122.624 per share. According to the company’s equity incentive plan, this was a mandatory “sell to cover” transaction to satisfy tax withholding on vesting RSUs, not a discretionary trade. After the sale, Werner held 44,399 shares directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 238 | $122.624 | $29K |
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
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did TWST disclose in this Form 4?
Was the TWST insider sale by the Chief Accounting Officer discretionary?
Does the TWST Form 4 indicate use of a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.