4Filed Aug 4, 8:00 PM ET
Twist Bioscience (TWST) SVP & Chief Legal Officer Dennis Cho Sells Shares
$TWST · Twist Bioscience CorpResearch Summary
AI-generated summary of this SEC filing
Twist Bioscience (TWST) SVP & Chief Legal Officer Dennis Cho Sells Shares
What Happened
- Dennis Cho, Senior Vice President, Chief Legal Officer & Corporate Secretary of Twist Bioscience (TWST), sold 1,070 shares on 2026-08-03 at $85.32 per share, receiving approximately $91,294. This was a sale (not a purchase) and was executed as a sell-to-cover tied to RSU vesting rather than a discretionary trade.
Key Details
- Transaction type/date/price: Open-market/private sale on 2026-08-03 — 1,070 shares @ $85.32 each, total ≈ $91,294.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Notable footnote: The shares were sold to satisfy tax withholding obligations in connection with the vesting of Restricted Stock Units; this sell-to-cover was required by the issuer’s equity plan and does not represent a discretionary decision by the reporting person.
- Filing timeliness: Report filed 2026-08-05 (appears timely relative to the 2026-08-03 transaction).
Context
- Sell-to-cover transactions are common when RSUs vest and are typically administrative (to cover taxes), so they generally do not signal the insider’s view on the company’s prospects. This was not an exercise of options or a voluntary open-market sale intended to change exposure.