4Accepted Aug 5, 4:05 PM ET
Twist Bioscience (TWST) President Finn Patrick John Sells Shares
Accepted (ET)
4:05 PM
Aug 5, 2026
Filed
Aug 5, 2026
Documents
1
Size
5.4 KB
Summary
Twist Bioscience (TWST) President Finn Patrick John Sells Shares
What Happened
Finn Patrick John, President and COO of Twist Bioscience (TWST), disposed of 2,888 shares on 2026-08-03 at $85.32 per share, for total proceeds of approximately $246,408. The filing shows this was a sale (code S) tied to tax withholding — not a discretionary market trade.
Key Details
- Transaction date & price: 2026-08-03 — 2,888 shares sold at $85.32 each (total ≈ $246,408).
- Transaction type: Sale (S); footnote indicates this was a "sell-to-cover" to satisfy tax withholding obligations (see F1).
- Filing date: Form 4 filed 2026-08-05 — no late filing indicated in the provided data.
- Shares owned after transaction: Not specified in the excerpt provided.
- Footnote F1: Sales were required to cover tax withholding on vested Restricted Stock Units per the issuer’s election under its equity plans; these are mandated sell-to-cover transactions and not discretionary trading decisions by the insider.
Context
Sell-to-cover transactions are routine when restricted stock units vest and taxes are due — the company (or its plan) requires selling some shares to pay withholding. Such mandated sales generally do not signal the insider’s view on the company’s prospects and are less informative than voluntary open-market purchases.