Twist Bioscience (TWST) CFO logs 25,000-share PSU award
Twist Bioscience (TWST) reported an insider equity award.
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Rhea-AI Filing Summary
Twist Bioscience (TWST) reported an insider equity award. CFO Adam Laponis acquired 25,000 shares of common stock at $0 on October 28, 2025, tied to performance stock units whose target criteria were determined to have been met on that date.
After the transaction, he beneficially owned 116,525 shares, held directly. Per 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 potential acceleration under the agreement.
Insights
Routine insider equity award; neutral impact.
The filing records a grant tied to performance stock units where target criteria were met on October 28, 2025. The reported acquisition of 25,000 common shares at $0 reflects equity compensation mechanics rather than an open‑market purchase.
Post‑transaction holdings total 116,525 shares, directly owned. A significant portion—60%—remains subject to time-based vesting through October 1, 2026, aligning award realization with continued service under the agreement.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 25,000 | $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 did Twist Bioscience (TWST) disclose in this Form 4?
What is the vesting schedule for the reported PSUs at TWST?
Was the reported transaction an open-market purchase for TWST?
Who is the reporting person in the TWST Form 4?
What triggered the PSU award recognition for TWST’s CFO?
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