Cho Dennis 4

What Happened

• Dennis Cho, Senior Vice President, Chief Legal Officer & Corporate Secretary of Twist Bioscience (TWST), sold 1,099 shares on 2026-02-03 at $46.58 per share, generating about $51,187. The sale was an open-market sell-to-cover tied to RSU vesting and was used to satisfy tax withholding — not a discretionary trade.

Key Details

• Transaction date: 2026-02-03; Form 4 filed: 2026-02-05 (filed within the typical 2-business-day window).
• Price and amount: 1,099 shares at $46.58 each; gross proceeds ≈ $51,187.
• Transaction type: Sale (open market / sell-to-cover for tax withholding).
• Footnote: Sale represents shares required to be sold to cover tax withholding on vested Restricted Stock Units per the issuer’s equity plan election (not discretionary).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing timeliness: Timely (filed two days after the transaction).

Context

• Sell-to-cover transactions are routine administrative sales to satisfy tax obligations when RSUs vest and generally do not signal the insider’s view on the company’s stock. Purchases by insiders are typically more indicative of bullish sentiment.