Cho Dennis 4

What Happened

• Dennis Cho, Senior Vice President, Chief Legal Officer & Corporate Secretary of Twist Bioscience, disposed of 425 shares on March 6, 2026 in an open-market sale at $46.43 per share, totaling $19,731.
• The filing notes these shares were sold to satisfy tax-withholding obligations tied to RSU vesting (a mandated "sell-to-cover"), not a discretionary sale signaling a trading decision.

Key Details

• Transaction date and price: 2026-03-06 — 425 shares @ $46.43 each.
• Total proceeds: $19,731 (before any taxes/fees).
• Reason/footnote: F1 — sale required to cover tax withholding for RSU vesting; issuer-mandated sell-to-cover.
• Shares owned after transaction: Not specified in the provided filing excerpt (see full Form 4 for post-transaction holdings).
• Filing date: 2026-03-10 — filing appears timely (within SEC Form 4 reporting window).

Context

• Sell-to-cover transactions are routine when restricted stock units vest and are commonly used to meet tax obligations; they do not necessarily reflect the insider’s view on company prospects.
• This was a sale to cover taxes, not an option exercise or a discretionary market sell; treat it as administrative rather than a strong market signal.