Cho Dennis 4

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.