Twist Bioscience CAO sells 1,523 shares for taxes
Twist Bioscience Corp (TWST) reported that Chief Accounting Officer Robert F. Werner sold a total of 1,523 shares of common stock in two transactions on August 21 and 24, 2026.
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Rhea-AI Filing Summary
Twist Bioscience Corp (TWST) reported that Chief Accounting Officer Robert F. Werner sold a total of 1,523 shares of common stock in two transactions on August 21 and 24, 2026. According to the company’s equity incentive plan, these mandated “sell to cover” transactions were executed solely to fund tax withholding on vested Restricted Stock Units and were not discretionary trades.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 854 | $140.773 | $120K |
| Sale | Common Stock F1 | 669 | $139.066 | $93K |
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
sell to cover financial
equity incentive plans financial
FAQ
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What insider transactions did TWST’s Chief Accounting Officer report?
Were the TWST insider sales made under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.