Twist Bioscience Corp·4

Jun 10, 4:05 PM ET

Cho Dennis 4

Research Summary

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Twist Bioscience (TWST) Chief Legal Officer Dennis Cho Sells 402 Shares

What Happened

  • Dennis Cho, Senior Vice President, Chief Legal Officer & Corporate Secretary of Twist Bioscience (TWST), sold 402 shares on 2026-06-08 at $69.84 per share, generating proceeds of $28,077. The filing indicates these shares were sold to cover tax withholding obligations tied to the vesting of restricted stock units (RSUs), not a discretionary sale.

Key Details

  • Transaction date & price: 2026-06-08 — 402 shares sold at $69.84 each.
  • Total proceeds: $28,077 (gross).
  • Transaction type/code: Sale (S); footnote indicates tax-withholding "sell to cover" (F1).
  • Shares owned after transaction: not specified in the filing.
  • Filing date and timeliness: Form 4 filed 2026-06-10 — filed within the standard two‑business‑day window (timely).

Context

  • The sale was a mandatory “sell to cover” to satisfy tax withholding on RSU vesting per the issuer’s equity plan; such sales are routine and do not necessarily reflect the insider’s view of the company.
  • No indication in this filing of a 10b5-1 plan, option exercise, gift, or discretionary sell beyond the tax withholding requirement.