Twist Bioscience CEO sells 113,318 shares after option exercise
Twist Bioscience Corp CEO Emily M. Leproust reported an option exercise and share sale under a previously adopted Rule 10b5-1 trading plan.
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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.
Insider Trade Summary 10b5-1
| 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 | -- | -- | -- |
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
Key Terms
Rule 10b5-1 trading plan regulatory
weighted average sales price financial
performance stock options financial
vesting financial
Employee Stock Option (right to buy) financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Twist Bioscience (TWST) CEO Emily Leproust report in this Form 4?
What options did the Twist Bioscience (TWST) CEO exercise in this transaction?
Were the Twist Bioscience (TWST) CEO’s trades part of a Rule 10b5-1 plan?
Does the Twist Bioscience (TWST) CEO still hold stock options after this sale?
What is the nature of the sale reported for Twist Bioscience (TWST) CEO Emily Leproust?
AI-generated analysis. How Rhea-AI works. Not financial advice.