Twist Bioscience (TWST) CEO executes 10b5-1 plan, exercises options and sells 113,318 shares
Rhea-AI Filing Summary
Twist Bioscience Corp CEO Emily M. Leproust reported an option exercise and share sale under a previously adopted Rule 10b5-1 trading plan. She exercised 113,318 stock options at $26.66 per share into common stock and on the same date sold 113,318 shares at a weighted average price of $125.1615 per share, with individual sale prices ranging from $125.00 to $125.51. The filing also lists several remaining employee stock option awards with exercise prices between $5.95 and $67.85 and expiration dates from 2025 to 2030.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and Sale: 113,318 shares ($11.16M approx. pre-tax spread)
Exercise and Sale
7 txns
Insider
Leproust Emily M.
Role
Chief Executive Officer
Sold
113,318 shs ($14.18M)
Approx. gross sale proceeds
$14.18M
Approx. exercise cost
$3.02M
Approx. pre-tax spread
$11.16M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (right to buy) F7 | 113,318 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 113,318 | $26.66 | $3.02M |
| Sale | Common Stock F1, F2 | 113,318 | $125.1615 | $14.18M |
| holding | Employee Stock Option (right to buy) F3 | -- | -- | -- |
| holding | Employee Stock Option (right to buy) F4 | -- | -- | -- |
| holding | Employee Stock Option (right to buy) F5 | -- | -- | -- |
| holding | Employee Stock Option (right to buy) F6 | -- | -- | -- |
Holdings After Transaction:
Employee Stock Option (right to buy) — 153,221 shares (Direct);
Common Stock — 818,938 shares (Direct)
Footnotes (7)
- F1. The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person on May 27, 2025.
- F2. Represents the weighted average sales price per share. The shares sold at prices ranging from $125.00 to $125.51 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
- F3. The option is immediately exercisable. 25% of the shares subject to the option vested on September 1, 2016 and 1/48th of the shares subject to the option vest on each monthly anniversary thereafter, subject to the Reporting Person's continuous service through each vesting date.
- F4. 25% of the shares subject to the option vested on October 24, 2020, and 1/48th of the shares subject to the option vest on each monthly anniversary thereafter, subject to the Reporting Person's continuous service through each vesting date.
- F5. Represents performance stock options granted to the reporting person on September 1, 2020, that vested and became exercisable on December 19, 2022 as a result of the reporting person having met the applicable performance criteria.
- F6. The option is immediately exercisable. 10% of the shares subject to the option vested on September 28, 2017, 15% of the shares subject to the option vested on September 28, 2018, and 1/48th of the shares subject to the option vest on each monthly anniversary thereafter, subject to the Reporting Person's continuous service through each vesting date.
- F7. 20% of the shares subject to the option vested and became exercisable on October 31, 2019 and 1/60th of the shares subject to the option vest and become exercisable on each monthly anniversary thereafter, subject to the Reporting Person's continuous service through each vesting date.
Key Figures
Options Exercised: 113,318 shares
Option Exercise Price: $26.66 per share
Shares Sold: 113,318 shares
+4 more
7 metrics
Options Exercised
113,318 shares
Employee stock options exercised into common stock on August 10, 2026
Option Exercise Price
$26.66 per share
Exercise price for 113,318 employee stock options expiring November 18, 2028
Shares Sold
113,318 shares
Common stock sold on August 10, 2026 following option exercise
Weighted Average Sale Price
$125.1615 per share
Weighted average for shares sold, with individual prices from $125.00 to $125.51
Sale Price Range
$125.00–$125.51 per share
Range of prices at which common shares were sold
10b5-1 Plan Adoption Date
May 27, 2025
Date the Rule 10b5-1 trading plan governing these trades was adopted
Other Option Exercise Prices
$5.95, $8.82, $23.33, $67.85
Exercise prices of remaining employee stock options expiring 2025–2030
Key Terms
Rule 10b5-1 trading plan, weighted average sales price, performance stock options, vesting, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"The transactions reported ... were effected pursuant to a Rule 10b5-1 trading plan"
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.
weighted average sales price financial
"Represents the weighted average sales price per share."
performance stock options financial
"Represents performance stock options granted to the reporting person"
vesting financial
"1/48th of the shares subject to the option vest on each monthly anniversary"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Employee Stock Option (right to buy) financial
"security_title: Employee Stock Option (right to buy)"
FAQ
What did Twist Bioscience (TWST) CEO Emily Leproust report in this Form 4?
Emily M. Leproust reported exercising 113,318 stock options at $26.66 and selling 113,318 common shares on August 10, 2026. The transactions were made under a Rule 10b5-1 trading plan adopted on May 27, 2025.
What options did the Twist Bioscience (TWST) CEO exercise in this transaction?
She exercised 113,318 employee stock options, each with an exercise price of $26.66 per share, expiring on November 18, 2028. These options converted into an equal number of common shares before being sold the same day.
Were the Twist Bioscience (TWST) CEO’s trades part of a Rule 10b5-1 plan?
Yes. The filing states the transactions were effected under a Rule 10b5-1 trading plan previously adopted by the reporting person on May 27, 2025. Such plans pre-schedule trades, reducing the informational value of transaction timing.
Does the Twist Bioscience (TWST) CEO still hold stock options after this sale?
Yes. The filing lists remaining employee stock options with exercise prices of $5.95, $8.82, $23.33, and $67.85 per share, expiring between 2025 and 2030. Reported underlying share amounts for these awards in this filing are shown as zero.
What is the nature of the sale reported for Twist Bioscience (TWST) CEO Emily Leproust?
The sale of 113,318 shares is coded as “S”, indicating a sale in the open market or a private transaction. The filing notes the reported sale price is a weighted average, with more detailed pricing data available upon request.
AI-generated analysis. How Rhea-AI works. Not financial advice.