Twist Bioscience Corp: CFO Adam Laponis sold 8,057 shares

What happened

• Adam Laponis, CFO, sold 8,057 shares at $188.88 per share on Oct 2, 2026, for $1,521,838. The transaction is reported as an open market or private sale (S).

Key details

• Transaction date and price: Oct 2, 2026; $188.88 per share.
• Shares owned after the transaction: not specified in the provided filing details.
• Footnote 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."
• Form 4 filed on Oct 5, 2026.

Why it may matter

• The filing shows the sale was to satisfy tax withholding related to the vesting of restricted stock units (a "sell to cover" transaction).
• The filing does not show why the insider traded or why the company acted.