4Filed Aug 24, 8:00 PM ET
Twist Bioscience (TWST) SVP/CLO Dennis Cho Sells Shares
$TWST · Twist Bioscience CorpResearch Summary
AI-generated summary of this SEC filing
Twist Bioscience (TWST) SVP/CLO Dennis Cho Sells Shares
What Happened
- Dennis Cho, Senior Vice President, Chief Legal Officer & Corporate Secretary of Twist Bioscience (TWST), sold 1,598 shares in an open-market/issuer-mandated transaction on 2026-08-21. The shares were disposed at $139.07 each for a total of $222,227.
- This sale was a sell-to-cover to satisfy tax withholding on vested restricted stock units, not an independent, discretionary sale.
Key Details
- Transaction date and price: 2026-08-21 at $139.07 per share (total $222,227).
- Transaction code: S (Sale); footnote F1 indicates the sale was to cover tax withholding on RSU vesting.
- Shares owned after the transaction: not specified in this Form 4 filing.
- Filing timeliness: Report filed 2026-08-25 (timely under Form 4 rules for an 8/21 transaction).
Context
- Sell-to-cover transactions are routine administrative sales to satisfy tax obligations tied to equity awards and generally do not signal an insider's view on the company's outlook.
- For retail investors, outright purchases or large discretionary sales typically carry more signaling value than mandated tax-withholding dispositions.