Twist Bioscience officer sells shares to cover taxes
Twist Bioscience Corp’s Chief Accounting Officer, Robert F. Werner, reported a small mandated share sale linked to equity compensation.
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Rhea-AI Filing Summary
Twist Bioscience Corp’s Chief Accounting Officer, Robert F. Werner, reported a small mandated share sale linked to equity compensation. On this Form 4, he disposed of 246 shares of common stock at $46.426 per share on March 6, 2026, and held 54,799 shares afterward.
According to the footnote, the sale was required to cover tax withholding obligations from vesting Restricted Stock Units under the company’s equity plans. The transaction was executed as a “sell to cover” event and is characterized as non-discretionary rather than an elective open-market trade.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 246 | $46.426 | $11K |
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.
FAQ
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What insider transaction did Twist Bioscience (TWST) report on this Form 4?
What type of compensation event triggered the Twist Bioscience (TWST) insider sale?
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