Cho Dennis 4
4 · Twist Bioscience Corp · Filed May 26, 2026
Research Summary
AI-generated summary of this filing
Twist Bioscience (TWST) Senior VP & CLO Dennis Cho Sells 1,642 Shares
What Happened
- Dennis Cho, Senior Vice President, Chief Legal Officer & Corporate Secretary of Twist Bioscience (TWST), sold 1,642 shares on 2026-05-21 at $53.26 per share, generating about $87,448. The sale was a disposition (code S) tied to tax withholding for vested restricted stock units, not a discretionary trade.
Key Details
- Transaction date: 2026-05-21. Price: $53.26. Shares sold: 1,642. Gross proceeds ≈ $87,448.
- Reason/footnote: F1 — sale required to satisfy tax withholding on RSU vesting ("sell to cover"); not a voluntary market-timing decision by the insider.
- Filing: Form 4 filed 2026-05-26 (Accession 0001214659-26-006709). The filing was submitted one business day late (transaction likely due by 2026-05-25).
- Shares owned after transaction: not specified in the provided excerpt.
Context
- Sell-to-cover transactions are routine when RSUs vest and companies require withholding; they generally do not signal an insider’s view on the company’s outlook.
- This was a sale (routine tax-related disposition), not a purchase or option exercise, so it should be interpreted as administrative rather than a bullish or bearish indicator.
Insider Transaction Report
Form 4
Cho Dennis
See Remarks
Transactions
- Sale
Common Stock
[F1]2026-05-21$53.26/sh−1,642$87,448→ 134,299 total
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.
Signature
/s/ Kendra Fox, as Attorney-in-Fact for Dennis Cho|2026-05-26