Twist Bioscience Corp·4

Jun 24, 4:05 PM ET

Cho Dennis 4

4 · Twist Bioscience Corp · Filed Jun 24, 2026

Research Summary

AI-generated summary of this filing

Updated

Twist Bioscience SVP/CLO Dennis Cho Sells 346 Shares

What Happened
Dennis Cho, Senior Vice President, Chief Legal Officer & Corporate Secretary of Twist Bioscience (TWST), sold 346 shares on 2026-06-22 at $87.32 per share, generating $30,214. This was a sale (not a purchase) executed to satisfy tax withholding obligations tied to RSU vesting, not a discretionary trade.

Key Details

  • Transaction date and price: 2026-06-22, 346 shares at $87.32 each. Total proceeds reported $30,214.
  • Transaction type: Sale (code S); footnote indicates a sell-to-cover for tax withholding (F1).
  • Reason: Sale mandated to cover tax withholding on vested Restricted Stock Units under the issuer’s equity plan (not an independent sell decision).
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • Filing/timeliness: Reported to the SEC on 2026-06-24 (filed two days after the transaction), indicating a timely Form 4.

Context
Sell-to-cover transactions are routine when RSUs vest and companies require taxes be satisfied by selling shares. Such mandated sales generally do not signal the insider’s market view; they reflect standard tax withholding procedures rather than discretionary selling.

Insider Transaction Report

Form 4
Period: 2026-06-22
Cho Dennis
See Remarks
Transactions
  • Sale

    Common Stock

    [F1]
    2026-06-22$87.32/sh346$30,214119,346 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/ Judy Yan, as Attorney-in-Fact for Dennis Cho|2026-06-24

Documents

1 file
  • 4
    marketforms-73445.xmlPrimary

    PRIMARY DOCUMENT