WERNER ROBERT F. 4
4 · Twist Bioscience Corp · Filed May 28, 2026
Research Summary
AI-generated summary of this filing
Twist Bioscience (TWST) CAO Robert F. Werner Sells 800 Shares
What Happened
Robert F. Werner, Chief Accounting Officer of Twist Bioscience (TWST), sold 800 shares on 2026-05-26 at $62.48 per share, generating proceeds of $49,987. The filing indicates this was a sell-to-cover transaction tied to tax withholding on vested restricted stock units, not a discretionary market sell for investment reasons.
Key Details
- Transaction date: 2026-05-26; Price: $62.48 per share; Shares sold: 800; Proceeds: $49,987.
- Filing date: 2026-05-28 (filed within the standard two-business-day Form 4 window).
- Shares owned after the transaction: not provided in the summary supplied.
- Footnote: F1 — sale required to cover tax withholding on RSU vesting per the issuer's election; not a discretionary trade by the reporting person.
Context
Sell-to-cover transactions are routine administrative sales to satisfy tax obligations when restricted stock units vest and generally do not by themselves indicate the insider’s view of the company’s prospects. Retail investors typically treat outright purchases as stronger signals than mandated withholding sales.
Insider Transaction Report
- Sale
Common Stock
[F1]2026-05-26$62.48/sh−800$49,987→ 48,186 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.