JOHANNESSEN JAN 4
4 · Twist Bioscience Corp · Filed Feb 9, 2026
Research Summary
AI-generated summary of this filing
Twist Bioscience Director Jan Johannessen Receives RSUs, Sells Shares
What Happened
Jan Johannessen, a non-employee director of Twist Bioscience (TWST), was granted 5,095 restricted stock units (RSUs) on 2026-02-05 (award reported as $0 cash paid) and on 2026-02-06 sold 2,200 shares in an open-market transaction at $47.91 per share, generating $105,395. The sale was a tax withholding "sell to cover" tied to the RSU vesting, not a discretionary sell.
Key Details
- Grant: 5,095 RSUs on 2026-02-05 (transaction code A); no cash paid at grant (reported $0.00).
- Sale: 2,200 shares on 2026-02-06 at $47.91/share, proceeds $105,395 (transaction code S).
- Shares owned after transaction: not specified in the provided filing.
- Footnote F1: 100% of the annual award vests on the earlier of the one-year anniversary of grant or the first annual meeting after grant, provided the director remains a service provider.
- Footnote F2: The 2,200-share sale was a pre-elected sell-to-cover to satisfy tax withholding related to RSU vesting and is not a discretionary trade by the reporting person.
- Filing: Form 4 filed 2026-02-09 (covers 2026-02-05/02-06 transactions); filing appears timely under the two-business-day rule.
Context
RSU grants to non-employee directors are common compensation; the award itself is not a market purchase and will vest per the schedule in F1. The sell-to-cover is a routine tax-withholding action (F2) and should not be interpreted as an independent sell signal from the director.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-05+5,095→ 19,954 total - Sale
Common Stock
[F2]2026-02-06$47.91/sh−2,200$105,395→ 17,754 total
Footnotes (2)
- [F1]100% of the Shares subject to the Annual Equity Award will vest upon the earlier of (i) the one-year anniversary of the date of grant and (ii) the date of the first annual meeting of stockholders following the date of grant, provided that the Non-Employee Director is a Service Provider on each vesting date.
- [F2]Represents the number of shares sold by the Reporting Person to cover tax liability in connection with the vesting of Restricted Stock Units. This "sell to cover" transaction was made pursuant to a prior election by the Reporting Person and does not represent a discretionary trade by the Reporting Person.