Twist Bioscience (TWST) CAO granted 5,633 PSUs; 60% vests 10/1/2026
Twist Bioscience (TWST) reported an equity award to its Chief Accounting Officer, Robert F. Werner.
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Rhea-AI Filing Summary
Twist Bioscience (TWST) reported an equity award to its Chief Accounting Officer, Robert F. Werner. A Form 4 shows an acquisition of 5,633 shares at $0 on October 28, 2025, tied to performance stock units where target criteria were met.
According to the award terms, 60% of the PSUs remain subject to time-based vesting and will vest on October 1, 2026, subject to continued service or acceleration under the award agreement. Following the transaction, beneficial ownership stands at 52,046 shares, held directly.
Insights
Routine PSU vesting milestone recognized; majority vests on schedule.
The officer reported acquisition of 5,633 shares at $0, stemming from performance stock units whose target criteria were met on October 28, 2025. This reflects the accounting recognition of earned PSUs rather than an open-market purchase.
Per the terms, 60% of the PSUs remain time-based and are scheduled to vest on October 1, 2026, contingent on continued service or possible acceleration under the award agreement. Cash outlay is not indicated, consistent with stock-based awards.
This is an administrative disclosure typical for executive compensation. Actual share issuance over time will depend on the vesting schedule specified in the award agreement.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,633 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents Performance Stock Units for which target criteria was determined to have been met on October 28, 2025. 60% of the PSUs remain subject to time-based vesting and will vest on October 1, 2026, subject to continued service or acceleration of vesting as provided in the award agreement.
FAQ
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What is the vesting schedule for the reported PSUs at TWST?
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AI-generated analysis. How Rhea-AI works. Not financial advice.