Twist Bioscience (TWST) CAO executes small tax-related share sale
Rhea-AI Filing Summary
Twist Bioscience Corp’s Chief Accounting Officer, Robert F. Werner, reported an insider stock sale tied to tax withholding. On May 21, 2026, he sold 688 shares of common stock at $53.257 per share in an open-market transaction.
According to the footnote, the shares were sold solely to cover tax withholding obligations from vesting Restricted Stock Units under the company’s equity incentive plans, and did not represent discretionary trading. After this mandated “sell to cover” transaction, Werner directly holds 48,986 common shares of Twist Bioscience.
Positive
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Negative
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Insights
Small, non‑discretionary tax sale; limited informational value.
The filing shows Chief Accounting Officer Robert F. Werner sold 688 Twist Bioscience shares at $53.257 per share. A footnote clarifies the sale was required to cover tax withholding on vesting Restricted Stock Units under the company’s equity incentive plans.
Because the transaction was a mandated “sell to cover” rather than a discretionary trade, it carries weak signaling value about Werner’s view of the stock. The 688 shares represent a small portion of his position, as he continues to hold 48,986 common shares directly after the sale.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 688 | $53.257 | $37K |
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
AI-generated analysis. How Rhea-AI works. Not financial advice.