WERNER ROBERT F. 4
Research Summary
AI-generated summary
Twist Bioscience (TWST) Chief Accounting Officer Robert F. Werner Sells Shares
What Happened
- Robert F. Werner, Chief Accounting Officer of Twist Bioscience, disposed of a total of 1,359 shares on 2026-06-08 via two sales (open market / sell-to-cover) and made a separate 500-share gift.
- Sales breakdown: 232 shares at $69.84 for $16,204, and 1,127 shares at $69.07 for $77,842. The 500-share transfer was a gift (no proceeds).
Key Details
- Transaction date: 2026-06-08; Filing date (Form 4): 2026-06-10 (filed promptly).
- Sales totaled about $94,046; gift had no cash value to the filer.
- Footnotes: F1 = shares sold to satisfy tax withholding on RSU vesting ("sell-to-cover") and are not discretionary trades by the reporting person. F2 = bona fide gift to a charitable organization.
- Shares owned after the transactions: not specified in the provided filing excerpt.
Context
- The sales were largely routine tax-withholding "sell-to-cover" transactions tied to RSU vesting (per F1), which are mandated by the issuer and do not necessarily signal the insider's view of the stock.
- The 500-share gift (F2) is a charitable transfer and does not indicate market sentiment.