STOCK TITAN

[Form 4] Twist Bioscience Corporation Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Twist Bioscience Corp (TWST) reported an insider transaction by Dennis Cho, Senior Vice President, Chief Legal Officer & Corporate Secretary. On June 20, 2025, Cho executed a mandatory "sell to cover" transaction involving 230 shares of common stock at a price of $35.755 per share.

The sale was specifically conducted to cover tax withholding obligations related to the vesting of Restricted Stock Units (RSUs) and was not a discretionary trade. Following the transaction, Cho maintains direct beneficial ownership of 104,737 shares of common stock.

This transaction was executed under the company's equity incentive plan requirements, which mandate the satisfaction of tax withholding obligations through "sell to cover" transactions. The Form 4 was filed on June 28, 2025, with the signature of Kendra Fox acting as Attorney-in-Fact for Dennis Cho.

Twist Bioscience Corp (TWST) ha riportato una transazione interna da parte di Dennis Cho, Vice Presidente Senior, Chief Legal Officer e Segretario Aziendale. Il 20 giugno 2025, Cho ha effettuato una vendita obbligatoria "sell to cover" di 230 azioni ordinarie al prezzo di $35,755 per azione.

La vendita è stata effettuata specificamente per coprire le obbligazioni fiscali derivanti dalla maturazione di Restricted Stock Units (RSU) e non è stata una transazione discrezionale. Dopo l’operazione, Cho detiene direttamente 104.737 azioni ordinarie.

Questa transazione è stata eseguita in conformità al piano di incentivi azionari della società, che richiede l’adempimento delle obbligazioni fiscali tramite transazioni "sell to cover". Il modulo Form 4 è stato depositato il 28 giugno 2025, con la firma di Kendra Fox in qualità di Procuratore per Dennis Cho.

Twist Bioscience Corp (TWST) informó una transacción interna realizada por Dennis Cho, Vicepresidente Senior, Director Legal y Secretario Corporativo. El 20 de junio de 2025, Cho ejecutó una transacción obligatoria de "vender para cubrir" 230 acciones ordinarias a un precio de $35.755 por acción.

La venta se realizó específicamente para cubrir obligaciones fiscales relacionadas con la adquisición de Unidades de Acciones Restringidas (RSUs) y no fue una operación discrecional. Tras la transacción, Cho mantiene la propiedad directa de 104,737 acciones ordinarias.

Esta transacción se ejecutó bajo los requisitos del plan de incentivos de acciones de la empresa, que exige cumplir con las obligaciones fiscales mediante transacciones de "vender para cubrir". El Formulario 4 fue presentado el 28 de junio de 2025, con la firma de Kendra Fox actuando como Apoderada de Dennis Cho.

Twist Bioscience Corp (TWST)는 시니어 부사장, 최고 법률 책임자 및 기업 비서인 Dennis Cho의 내부자 거래를 보고했습니다. 2025년 6월 20일, Cho는 주당 $35.755에 보통주 230주에 대한 필수 'sell to cover' 거래를 실행했습니다.

이 매도는 제한주식단위(RSU) 취득에 따른 세금 원천징수 의무를 충당하기 위해 특별히 이루어진 것으로, 임의 거래가 아니었습니다. 거래 후 Cho는 보통주 104,737주를 직접 보유하고 있습니다.

이 거래는 회사의 주식 인센티브 계획 요구사항에 따라 세금 원천징수 의무를 'sell to cover' 거래로 충족해야 하는 규정에 따라 실행되었습니다. Form 4는 2025년 6월 28일에 제출되었으며, Dennis Cho를 위한 법정 대리인으로 Kendra Fox가 서명했습니다.

Twist Bioscience Corp (TWST) a déclaré une transaction d'initié réalisée par Dennis Cho, Vice-Président Senior, Directeur Juridique et Secrétaire Général. Le 20 juin 2025, Cho a effectué une opération obligatoire de "vente pour couvrir" portant sur 230 actions ordinaires au prix de 35,755 $ par action.

Cette vente a été spécifiquement réalisée pour couvrir les obligations fiscales liées à l'acquisition de Restricted Stock Units (RSU) et n'était pas une transaction discrétionnaire. Après cette opération, Cho détient directement 104 737 actions ordinaires.

Cette transaction a été réalisée conformément aux exigences du plan d'incitation en actions de la société, qui impose de satisfaire les obligations fiscales par des transactions de "vente pour couvrir". Le formulaire 4 a été déposé le 28 juin 2025, signé par Kendra Fox en tant que mandataire de Dennis Cho.

Twist Bioscience Corp (TWST) meldete eine Insider-Transaktion von Dennis Cho, Senior Vice President, Chief Legal Officer & Corporate Secretary. Am 20. Juni 2025 führte Cho eine verpflichtende "sell to cover"-Transaktion über 230 Aktien zum Preis von $35,755 pro Aktie durch.

Der Verkauf erfolgte speziell zur Deckung der Steuerabzugsverpflichtungen im Zusammenhang mit der Vesting von Restricted Stock Units (RSUs) und war kein freier Handel. Nach der Transaktion hält Cho direkt 104.737 Aktien des Stammkapitals.

Diese Transaktion wurde gemäß den Anforderungen des Aktienanreizplans des Unternehmens durchgeführt, der die Erfüllung der Steuerabzugsverpflichtungen durch "sell to cover"-Transaktionen vorschreibt. Das Formular 4 wurde am 28. Juni 2025 eingereicht, unterzeichnet von Kendra Fox als Bevollmächtigte für Dennis Cho.

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Twist Bioscience Corp (TWST) ha riportato una transazione interna da parte di Dennis Cho, Vice Presidente Senior, Chief Legal Officer e Segretario Aziendale. Il 20 giugno 2025, Cho ha effettuato una vendita obbligatoria "sell to cover" di 230 azioni ordinarie al prezzo di $35,755 per azione.

La vendita è stata effettuata specificamente per coprire le obbligazioni fiscali derivanti dalla maturazione di Restricted Stock Units (RSU) e non è stata una transazione discrezionale. Dopo l’operazione, Cho detiene direttamente 104.737 azioni ordinarie.

Questa transazione è stata eseguita in conformità al piano di incentivi azionari della società, che richiede l’adempimento delle obbligazioni fiscali tramite transazioni "sell to cover". Il modulo Form 4 è stato depositato il 28 giugno 2025, con la firma di Kendra Fox in qualità di Procuratore per Dennis Cho.

Twist Bioscience Corp (TWST) informó una transacción interna realizada por Dennis Cho, Vicepresidente Senior, Director Legal y Secretario Corporativo. El 20 de junio de 2025, Cho ejecutó una transacción obligatoria de "vender para cubrir" 230 acciones ordinarias a un precio de $35.755 por acción.

La venta se realizó específicamente para cubrir obligaciones fiscales relacionadas con la adquisición de Unidades de Acciones Restringidas (RSUs) y no fue una operación discrecional. Tras la transacción, Cho mantiene la propiedad directa de 104,737 acciones ordinarias.

Esta transacción se ejecutó bajo los requisitos del plan de incentivos de acciones de la empresa, que exige cumplir con las obligaciones fiscales mediante transacciones de "vender para cubrir". El Formulario 4 fue presentado el 28 de junio de 2025, con la firma de Kendra Fox actuando como Apoderada de Dennis Cho.

Twist Bioscience Corp (TWST)는 시니어 부사장, 최고 법률 책임자 및 기업 비서인 Dennis Cho의 내부자 거래를 보고했습니다. 2025년 6월 20일, Cho는 주당 $35.755에 보통주 230주에 대한 필수 'sell to cover' 거래를 실행했습니다.

이 매도는 제한주식단위(RSU) 취득에 따른 세금 원천징수 의무를 충당하기 위해 특별히 이루어진 것으로, 임의 거래가 아니었습니다. 거래 후 Cho는 보통주 104,737주를 직접 보유하고 있습니다.

이 거래는 회사의 주식 인센티브 계획 요구사항에 따라 세금 원천징수 의무를 'sell to cover' 거래로 충족해야 하는 규정에 따라 실행되었습니다. Form 4는 2025년 6월 28일에 제출되었으며, Dennis Cho를 위한 법정 대리인으로 Kendra Fox가 서명했습니다.

Twist Bioscience Corp (TWST) a déclaré une transaction d'initié réalisée par Dennis Cho, Vice-Président Senior, Directeur Juridique et Secrétaire Général. Le 20 juin 2025, Cho a effectué une opération obligatoire de "vente pour couvrir" portant sur 230 actions ordinaires au prix de 35,755 $ par action.

Cette vente a été spécifiquement réalisée pour couvrir les obligations fiscales liées à l'acquisition de Restricted Stock Units (RSU) et n'était pas une transaction discrétionnaire. Après cette opération, Cho détient directement 104 737 actions ordinaires.

Cette transaction a été réalisée conformément aux exigences du plan d'incitation en actions de la société, qui impose de satisfaire les obligations fiscales par des transactions de "vente pour couvrir". Le formulaire 4 a été déposé le 28 juin 2025, signé par Kendra Fox en tant que mandataire de Dennis Cho.

Twist Bioscience Corp (TWST) meldete eine Insider-Transaktion von Dennis Cho, Senior Vice President, Chief Legal Officer & Corporate Secretary. Am 20. Juni 2025 führte Cho eine verpflichtende "sell to cover"-Transaktion über 230 Aktien zum Preis von $35,755 pro Aktie durch.

Der Verkauf erfolgte speziell zur Deckung der Steuerabzugsverpflichtungen im Zusammenhang mit der Vesting von Restricted Stock Units (RSUs) und war kein freier Handel. Nach der Transaktion hält Cho direkt 104.737 Aktien des Stammkapitals.

Diese Transaktion wurde gemäß den Anforderungen des Aktienanreizplans des Unternehmens durchgeführt, der die Erfüllung der Steuerabzugsverpflichtungen durch "sell to cover"-Transaktionen vorschreibt. Das Formular 4 wurde am 28. Juni 2025 eingereicht, unterzeichnet von Kendra Fox als Bevollmächtigte für Dennis Cho.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Cho Dennis

(Last) (First) (Middle)
C/O TWIST BIOSCIENCE CORPORATION
681 GATEWAY BLVD

(Street)
SOUTH SAN FRANCISCO CA 94080

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Twist Bioscience Corp [ TWST ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
See Remarks
3. Date of Earliest Transaction (Month/Day/Year)
06/20/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 06/20/2025 S 230(1) D $35.755 104,737 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. 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.
Remarks:
Senior Vice President, Chief Legal Officer & Corporate Secretary
/s/ Kendra Fox, as Attorney-in-Fact for Dennis Cho 06/24/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many shares of TWST stock did Dennis Cho sell on June 20, 2025?

Dennis Cho sold 230 shares of TWST common stock on June 20, 2025 at a price of $35.755 per share. This sale was specifically to cover tax withholding obligations related to vesting Restricted Stock Units.

What is Dennis Cho's position at Twist Bioscience (TWST)?

Dennis Cho serves as Senior Vice President, Chief Legal Officer & Corporate Secretary at Twist Bioscience Corporation.

How many TWST shares does Dennis Cho own after the reported transaction?

Following the reported transaction on June 20, 2025, Dennis Cho beneficially owns 104,737 shares of TWST common stock directly.

Why did TWST's Dennis Cho sell shares on June 20, 2025?

The share sale was mandatory and not discretionary - it was required to cover tax withholding obligations in connection with the vesting of Restricted Stock Units, as mandated by the company's equity incentive plans through a 'sell to cover' transaction.
Twist Bioscience

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2.08B
58.73M
2.16%
112.29%
15.59%
Diagnostics & Research
Biological Products, (no Disgnostic Substances)
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United States
SOUTH SAN FRANCISCO