Twist Bioscience CFO sells shares for tax withholding
Twist Bioscience Corp's Chief Financial Officer, Adam Laponis, reported an automatic sale of common stock to cover taxes related to equity compensation.
Rhea-AI Filing Summary
Twist Bioscience Corp's Chief Financial Officer, Adam Laponis, reported an automatic sale of common stock to cover taxes related to equity compensation. On January 9, 2026, he sold 2,738 shares of common stock at a price of $35.261 per share. According to the disclosure, these shares were sold to satisfy tax withholding obligations arising from the vesting of Restricted Stock Units under the company's equity incentive plans and were executed as mandatory "sell to cover" transactions rather than discretionary trades. After this sale, Laponis directly beneficially owned 140,031 shares of Twist Bioscience common stock.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,738 | $35.261 | $97K |
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.
FAQ
What insider transaction did Twist Bioscience (TWST) report for its CFO?
Twist Bioscience reported that its Chief Financial Officer, Adam Laponis, sold 2,738 shares of common stock on January 9, 2026, in a transaction disclosed on Form 4.
What is the reporting person’s role at Twist Bioscience in this Form 4?
The reporting person, Adam Laponis, is identified as an officer of Twist Bioscience, serving as the company’s Chief Financial Officer.
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