Twist Bioscience COO sells shares to cover taxes
Twist Bioscience Corp's President and COO, Patrick John Finn, reported a small mandatory share sale related to equity compensation.
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Rhea-AI Filing Summary
Twist Bioscience Corp's President and COO, Patrick John Finn, reported a small mandatory share sale related to equity compensation. On 01/23/2026, he sold 2,390 shares of common stock at $44.908 per share. According to the disclosure, these shares were sold solely to cover tax withholding obligations arising from the vesting of Restricted Stock Units under the company's equity incentive plans and are described as non-discretionary trades. Following this transaction, he beneficially owned 310,493 shares of Twist Bioscience common stock directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,390 | $44.908 | $107K |
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did TWST's President and COO report on this Form 4?
What is the role of the reporting person in Twist Bioscience (TWST)?
Was this insider sale by TWST’s COO discretionary trading in the open market?
What type of security was involved in the TWST Form 4 transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.