Twist Bioscience HR chief sells 907 shares
Twist Bioscience’s SVP of Human Resources executed a small, non-discretionary share sale to cover tax withholding on vested RSUs.
Rhea-AI Filing Summary
Twist Bioscience Corp (TWST) reported an insider tax-related sale by Paula Green, its SVP of Human Resources. On September 8, 2026, she sold 907 shares of common stock at $122.624 per share. According to the company, this sale was a mandatory "sell to cover" for tax withholding on vesting Restricted Stock Units and was not a discretionary trade. After the transaction, she held 117,014 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 907 shares
Net Sell
1 txn
Insider
Green Paula
Role
SVP of Human Resources
Sold
907 shs ($111K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 907 | $122.624 | $111K |
Holdings After Transaction:
Common Stock — 117,014 shares (Direct)
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
Shares sold: 907 shares
Sale price per share: $122.624 per share
Shares held after transaction: 117,014 shares
+1 more
4 metrics
Shares sold
907 shares
Common stock sold by Paula Green on September 8, 2026
Sale price per share
$122.624 per share
Price for the 907 shares of Twist Bioscience common stock
Shares held after transaction
117,014 shares
Direct holdings of Paula Green after the September 8, 2026 sale
Net shares sold in filing
907 shares
Net sell direction for this Form 4
Key Terms
sell to cover, Restricted Stock Units, equity incentive plans
3 terms
sell to cover financial
"to be funded by a "sell to cover" transaction and do not"
Sell to cover is when a person who receives company stock through options or awards sells just enough shares immediately to pay required taxes, exercise costs, or fees, keeping the rest. Think of it like cashing part of a bonus to cover the tax bill so you can keep the remainder. For investors, it can create predictable small selling pressure and slightly change the number of shares actually held by insiders without increasing long‑term dilution.
Restricted Stock Units financial
"tax withholding obligations in connection with the vesting of Restricted Stock Units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
equity incentive plans financial
"Issuer's election under its equity incentive plans to require"
Equity incentive plans are company programs that pay employees, executives, or directors with company stock, stock options, or share units instead of or in addition to cash, aiming to align their interests with shareholders—like giving team members a stake in the house they help build. For investors this matters because such plans can motivate better company performance but also dilute existing ownership and increase reported compensation costs, so they affect future earnings, voting power, and share value.
FAQ
What insider transaction did TWST disclose for Paula Green?
The filing reports that Paula Green, SVP of Human Resources, sold 907 shares of Twist Bioscience common stock on September 8, 2026 at $122.624 per share in a tax-related transaction.
Was a Rule 10b5-1 trading plan used in this TWST Form 4?
The document-level checkbox for Rule 10b5-1 is not checked, and the footnote describes the sale as a mandatory “sell to cover” for tax withholding, rather than as part of a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.